New capabilities help fuel retailers manage multiple site operations
Florham Park, NJ - November 5, 2012
KSS Fuels is proud to announce the release of improved dealer pricing functionality to augment its world-leading PriceNet fuels pricing intelligence solution. The addition of new capabilities for the support of dealer-operated sites makes PriceNet the first pricing solution to fully address all channels of trade.
The new functionality enables PriceNet users to manage both retail and dealer cost prices concurrently while ensuring that corporate and dealer objectives are met. It provides consistency across all channels of trade, whether using street-back pricing, cost plus or more complex, variable margin share arrangements or optimization to generate dealer costs and the extensive suite of retail rules that have been available to retailers for many years.
Having a single data warehouse for all retail and dealer sites allows in-depth analytics across all channels and helps operators closely monitor volume and margin performance. PriceNet also provides temporary allowance management functionality and alerts that automatically highlight when contracts and allowances will expire.
“PriceNet is effectively becoming a Pricing ERP – a pricing and analytics hub for all channels of trade,” said Bob Stein, President and CEO of KSS Fuels. “Incorporating optimization into the dealer cost decision takes the PriceNet offering to a new level, and we are sure that it will add significant value to any retailer that manages dealer cost pricing.”
ABOUT KALIBRATE TECHNOLOGIES
Kalibrate (formerly KSS Fuels) is the only global provider of fuels pricing and retail location intelligence, helping retailers fine-tune decisions to deliver on performance goals. Its proven software, analytics and consulting solutions draw on more than 20 years of expertise and insight into the needs and opportunities of petroleum retailers. Kalibrate has headquarters in Manchester, United Kingdom and Florham Park, New Jersey. The company also has a Center of Excellence in Tulsa, Oklahoma and sales operations in Florida, Illinois, Ohio, Texas, Canada, Brazil, China, India, Japan, Korea and Africa. For more information about Kalibrate, please visit Kalibrate.com.