SAN ANGELO, Texas -- Town & Country Food Stores, an operator of 159 convenience food stores in Texas and New Mexico, has selected the KSS PriceNet solution for fuel price management and optimization. The chain is using KSS PriceNet to provide consistency and accountability with its fuel pricing process.
As we have centralized our approach to managing our fuel operations, PriceNet has satisfied the need for a solution that would provide real time information, enabling us to manage the entire network through an exception based, streamlined, and automated [image-nocss] process, said Devin Bates, senior vice president, chief information officer and CFO of Town & Country, San Angelo, Texas.
Town & Country is leveraging KSS PriceNet to truly understand the complex dynamics of fuel pricing, said Bob Stein, CEO of KSS' fuel group. It now has instant access and insight into the competitive landscape and volume trends, and is able to consistently achieve its financial goals.
KSS PriceNet is an end-to-end pricing solution that captures surveys at the site level with PriceNet Web, which interfaces directly into the PriceNet pricing system. Prices are then generated, either by rules or through optimization to provide consistent and timely execution of pricing while maximizing profitability. The entire process from site survey to prices communicated back to the site is performed within minutes, the firm said. This ensures a rapid response to market conditions and leverages the power of science and automation, along with known market intelligence.
Florham, Park, N.J.-based KSS is a supplier of comprehensive pricing intelligence, optimization and execution solutions to the grocery, chain drug, general retail, convenience retail and petroleum industries.
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