Ireland’s Leading Fuels and Convenience Retailer To Install KSS Solutions Nationwide
Florham Park, NJ - June 1, 2010
Topaz, Ireland’s largest fuels and convenience retailer with more than 300 sites, has selected a suite of KSS products to provide day-to-day fuel price management and optimization to its retail locations. Topaz will use PriceNet, PriceNet Mobile, PriceNet Web, KSS Visualizer and KSS Mapping solutions for a fully integrated fuel price management offering.
The Dublin, Ireland-based company will implement this suite of solutions to enable them to respond more quickly to changing oil prices. Topaz is Ireland’s newest and biggest fuel supplier, with the largest network of service stations in the country. Topaz also fuels large sections of Irish industry and supplies more Irish homes with heating oil than any other company.
“We selected these KSS solutions to obtain the highest level of efficiency around our execution of fuel price changes. Having a system that provides enhanced market responsiveness will enable us to improve our overall performance around fuel volume and margin,” said Frank Gleeson, Retail Director for Topaz. “We are convinced that these KSS solutions offer our stores a ‘best practices’ approach to fuel pricing.”
“We are delighted to have Topaz as a new partner and are eager to help them to enhance their position as a global leader in convenience retailing and improve profits,” said Bob Stein, president and CEO of KSS. “Our PriceNet, Visualizer and Mapping products will let them evaluate pricing at the local site level and make informed pricing decisions rapidly. We are fortunate to have such a dynamic and forward-thinking company as our customer.”
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.
A family of products, PriceNet also includes PriceNet Mobile, which delivers real-time fuels pricing via handheld mobile devices such as PDAs and Blackberrys. In addition, PriceNet Web facilitates exchange of data between field offices and the head office to allow review and authorization of price adjustments more quickly at a local level.
KSS Visualizer is a web-based data visualization tool intended to draw attention to significant changes in performance measures such as volume, running rates, margin, competitor price position etc, at any level of a retailer’s business from individual grade/store to overall network.
KSS Mapping presents up-to-the-minute competitor pricing information and performance data on a map-based display, incorporating both traditional map views and satellite photographs.
Within three short years of setting up, Topaz has acquired the Irish retail and commercial fuels businesses of Shell and Statoil. The company spent €50 million on an investment and expansion program, enabling Topaz to create 400 new jobs, all with the goal of making Topaz the largest fuel and convenience retailer in Ireland. Topaz strives to transform the service experience for Irish consumers through its superior range of products and services and an innovative approach to customer service. Topaz aims to exceed expectations, foster a sense of belonging and become an integral brand of choice for Irish consumers. For more information about Topaz, visit www.topazenergy.ie.
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.