"PriceNet helps us react more rapidly to local market and competitor events and ensures we can continue to provide legendary service and quality products at a great price to our customers," Chick Wilkins, [image-nocss] general manager at CN Brown, said.
"PriceNet will enable CN Brown to rapidly respond to current market conditions by improving their business processes and efficiencies," said Bob Stein, president and chief executive officer of KSS. "Automated fuel price management can be a catalyst for competitive differentiation and margin/volume growth."
PriceNet is KSS' pricing solution that supports key tasks and stakeholders involved in retail fuels pricingfrom capturing field-based intelligence at the site level, to the generation of price proposals via comprehensive pricing rules or price optimization, to consistent and timely implementation. High levels of automation and an exception-based approach ensure a rapid response to competitors and market conditions, allowing pricing analysts to leverage the power of pricing analytics, the company said.
KSS is a leading global provider of pricing software, analytics and consulting services to fuel retailers and wholesalers in the oil and gas, convenience store and retail industries. It helps fuel marketers identify and efficiently execute optimal pricing strategies. The company's U.S. headquarters is located in Florham Park, N.J., and its international headquarters is in Manchester, U.K.
Members help make our journalism possible. Become a CSP member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.