Expanding UK fuel and convenience retailer adopts PriceNet for fuel price management
Florham Park, NJ - June 4, 2012
KSS Fuels announced today that Rontec, a leading independent fuel retailer, has implemented PriceNet across its retail network of more than 200 fuel sites in the United Kingdom. Following a significant expansion of its network, operating predominantly under the Total brand, Rontec sought to invest in pricing intelligence and workflow solutions to enable it to make faster, smarter fuel pricing decisions. After a careful review of the market Rontec selected KSS Fuels and PriceNet to support its fuel pricing process.
An integrated suite of pricing modules, PriceNet supports real-time information capture, decision-support and rapid price change implementation, fully integrated with retail site systems and back-office applications. This enables companies like Rontec to keep abreast of changes in competitor prices and other market events and to react quickly, ensuring they stay on-strategy and maintain a consistent customer proposition, including during periods of volatile cost and price movement.
“We are delighted that Rontec chose to partner with us, and we look forward to supporting one of the leading independent retailers in the UK,” said Bob Stein, president and chief executive officer of KSS Fuels.
Tom Cookson, retail support services manager of Rontec, said, “We chose KSS Fuels and PriceNet based on the capability of the PriceNet application to meet our needs and the speed with which it can be implemented within our business. We look forward to realizing the benefits soon after go-live.”
PriceNet is a comprehensive pricing solution that streamlines the pricing process, from competitor surveys to price change at POS, pump and sign, delivering pricing in minutes. 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 price analytics and optimisation. A family of products, PriceNet includes modules for increased mobility and analytic dashboards to support real-time fuels pricing and performance monitoring via handheld mobile devices.
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.