FLORHAM PARK, N.J. -- KSS, a provider of fuel pricing automation and optimization solutions, has released KSS PriceNet Web, a web-based module for collecting store-level data, including fast-changing, competitive fuel prices and events.
As an integrated module of the KSS PriceNet solution, KSS PriceNet Web improves response times to market conditions by expediting the pricing process of both store and headquarter personnel. KSS PriceNet Web makes sure that fuel pricing data such as competitor pricing and special events, are quickly reported, received [image-nocss] and then acted on, the company said.
"KSS PriceNet Web provides the ability to accurately capture, communicate and react to site-specific market conditions, almost immediately," said Bob Stein, chief executive officer of KSS' fuels division. "Whether it's a competitor's price changes or road construction, KSS PriceNet Web provides the means for store-level employees to communicate withand receive fromtheir corporate office the key variables that critically influence fuel pricing."
At a corporate level, KSS PriceNet takes data fed from KSS PriceNet Web, and generates new pricing, which in turn is communicated back to the store and verified through KSS PriceNet Web. This entire pricing process from start to finish is typically done within minutes, the company said, and replaces processes that used to take hours or days. Customers using KSS PriceNet Web to date are reporting that it adds power and simplicity while delivering an almost instant view into each stores' current market conditions, said KSS.
KSS is showcasing KSS PriceNet Web during NACSTech, May 22-24, 2006, in Nashville, Tenn.
Florham Park, N.J.-based KSS provides pricing automation and optimization solutions for the petroleum, grocery, convenience and drug retail industries, as well as to petroleum wholesalers.
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