Technology/Services

Susser Selects KSS PriceNet Fuels Pricing Solution

Expands PriceNet implementation beyond recently acquired Town & Country

CORPUS CHRISTI, Texas -- Susser Holdings Corp. has selected KSS PriceNet, including its remote access modules known as PriceNet Mobile and PriceNet Web. The chain will use PriceNet to help manage fuel prices at its 500-plus retail facilities throughout Texas, New Mexico and Oklahoma. In addition to streamlining the headquarters fuels pricing process to respond more rapidly to ever-increasing cost and price volatility, the PriceNet Mobile and Web modules allow field-based personnel to report key pricing events as they occur, and quickly receive price updates and other key performance [image-nocss] data.

Following the recent acquisition of Town & Country Food Stores, an existing KSS customer at that time, Susser Holdings has chosen to expand the use of KSS PriceNet.

Craig Scotton, director of fuels for Susser Holdings, said, "KSS' track record at Town & Country convinced us of the business value that PriceNet can bring to our fuels pricing operations in supporting our mission of delivering quality fuels at competitive prices, combined with fast, friendly service."

PriceNet is an end-to-end pricing solution supporting the key tasks and stakeholders involved in retail fuels pricing, from 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 and allow pricing analysts to leverage the power of pricing analytics.

KSS is a major provider of fuels pricing analytics, price management, rules-based pricing and optimization technology and services to fuel retailers and wholesalers in the oil and gas, convenience store, grocery and big box retail industries. Clients include global, national and regional companies managing a total of more than $100 billion in revenue through more than 20,000 fuel sites and rack terminals throughout the world.

KSS U.S. headquarters are located in Florham Park, N.J., and European headquarters are in Manchester, U.K.

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