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A Canadian grocery chain plans to deploy a suite of pricing intelligence tools to manage its growing wholesale and retail fuels business. T
The grocer will use the cloud-based PriceNet suite from Florham Park, N.J.-based KSS, including core price management capabilities as well as comprehensive business analytics, and dashboards to monitor performance. The cloud-based deployment will accelerate implementation times, allowing the client to experience the benefits of PriceNet sooner as well as reducing both hardware and on-going maintenance costs.
"We’re seeing more clients choose our cloud-based solution as they seek the fastest time-to-value and to minimize on-going IT costs," said Bob Stein, president and CEO of KSS Fuels. “We expect demand for cloud deployments to continue and we’re investing in the infrastructure to support this growing business model.”
PriceNet is a comprehensive pricing solution developed to streamline 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 optimization. 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.
KSS Fuels provides fuels pricing and retail network planning software, analytics and consulting services to companies in the oil and gas, convenience store, grocery and retail industries.