Suite of PriceNet Products Will Enable Galp Energia To Optimize Retail Fuels Performance Across Spain
Florham Park, NJ - February 22, 2011
Galp Energia, with the largest network of service stations in Portugal and one of the largest in the Iberian Peninsula, has selected a suite of KSS Fuels products to provide day-to-day fuel price management and optimization to 300 of its retail fuel locations in Spain. Galp Energia will use KSS Fuels’ PriceNet and PriceNet Web products for a fully integrated fuel price management offering.
“Galp Energia has merged three retail networks into one over the last two years, and we needed a common pricing management system,” said David Alvaro, Retail Fuel Pricing Manager, Galp Energia Spain. “We have used KSS Fuels’ PriceNet product initially in Portugal sites for the last years and recognized its capabilities. The market has also become more dynamic, so we saw the opportunity to standardize our business processes, improve market and competitor intelligence and capitalize on opportunities through the use of KSS Fuels products.”
Galp Energia is the only Portuguese oil and natural gas operator. The company’s activities include exploration and production of oil and natural gas, refining and marketing of oil products, marketing and sale of natural gas, and power generation. Galp Energia is an integrated operator that is present throughout the whole oil and natural gas value chain and is increasingly active in renewable energy sources.
“KSS Fuel’s scalable, on-site solutions fit easily with Galp Energia’s existing infrastructure to ensure the benefits can be realized across the retailer’s entire business,” said Bob Stein, president and CEO of KSS Fuels. “Because PriceNet is an intuitive, web-based user interface designed around the pricing workflow, Galp Energia can easily expand it as they acquire additional outlets.”
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 Web which facilitates the exchange of data between field offices and the head office to allow review and authorization of price adjustments more quickly at a local level.
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.