EL PASO, Texas -- Petro Stopping Centers LP has chosen Salient Corp.'s Category Minder 3.0, part of the performance management solutions provider's Margin Minder Series for improved business performance management.
Petro Stopping Centers will use Category Minder for promotional analysis, gross margin return on investment (GMROI) analysis, price change/mark down analysis, improved item movement analysis, improved retail turn analysis, improved sub-category analysis, improved transactional analysis.
Our focus is on maximizing the [image-nocss] profit potential of each store in our growing network. We were looking for a better way to access our data and track how each of our locations were doing and how their product mix, services and staff were contributing to our profitability, said Darren Schulte, director of merchandising for Petro Stopping Centers. We felt that Salient's Margin Minder Series offered the best way to achieve this.
We are excited to be working with an industry leader like Petro, said Guy Amisano, president of Horseheads, N.Y.-based Salient. They are completely focused on using Category Minder to enhance the profitability of every aspect of their business, and we look forward to helping them achieve this goal.
The Margin Minder Series can be deployed in an enterprise in weeks, does not require complex integration with existing systems and will provide results that impact the bottom line within six weeks of delivery, the company said. Margin Minder is based on Salient's UXT data engine and its Minder Viewer user interface running on local, remote or disconnected Windows PCs.
Margin Minder includes instant visibility of sources and drivers of profit and efficiency within and across processes, partnerships and tiers, and down to individual performers. Margin Minder provides immediate, complete what it's worth feedback on every business decision. It includes precise alignment of role players to strategic purposes. Margin Minder resolves value contribution in near real time, within and across processes and up and down the demand/supply chains, to the individual performer, relationship, asset and event. It offers speed and simplicityspecifically designed with nontechnical business managers in mind, Margin Minder eliminates latency (time and work) in information deployment. And it offers immediate ROI and total cost of ownership. Customers can improve their operating margins up to 10% and averaging 3% within three months, according to the company.
El Paso, Texas-based Petro Stopping Centers, has more than 60 travel plazas in 31 states.
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