Program Helps Fuel Retailers and Wholesalers Ensure They Receive Maximum Benefit From Software Implementation; Gives KSS Fuels Customers Ongoing Pricing Performance Management
Florham Park, NJ - September 28, 2010
KSS Fuels introduces its Pricing Performance Management (PPM) service, which will help users of KSS Fuels’ PriceNet and RackPrice fuel price management solutions ensure that they are receiving the maximum benefit from their software installations. PPM is also designed to help users manage pricing performance on an ongoing basis with insight from KSS Fuels’ industry experts.
The value add service consists of a series of weekly and monthly status reports and quarterly “health-checks”, which monitor performance against previously determined key performance indicators (KPIs) as well as changes in the marketplace, and highlight where the users’ software configuration could be altered to improve performance. The findings and recommendations from this process are reviewed at regular intervals between key stakeholders and KSS Fuels experts to determine what – if any – strategic changes should be made to improve performance.
“Our value add Pricing Performance Management service is designed to provide our customers the ability – with insight and advice from our industry experts – to strategically and proactively monitor and adapt their PriceNet and RackPrice software configurations to changing market conditions and competitive influences,” said Bob Stein, president and CEO of KSS Fuels. “The result is maximum benefit from the use of our software, and the best possible performance being achieved.”
PriceNet is a comprehensive pricing solution that supports the key tasks and stakeholders involved in retail fuels pricing. 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.
RackPrice is an end-to-end wholesale pricing solution and includes modules for price generation automation, reporting/analysis, competitive price prediction, price-volume modelling and price optimization.
ABOUT KALIBRATE TECHNOLOGIES
alibrate (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.