Business Editors
FLORHAM PARK, N.J.--(BUSINESS WIRE)--July 21, 2008--KSS, the global leading supplier of fuels pricing analytics, execution and optimization systems to the oil and gas, convenience store, grocery and big-box retail industries, announces that Susser Holdings Corp. has selected KSS PriceNet, including its remote access modules known as PriceNet Mobile and PriceNet Web.
Susser Holdings Corp., headquartered in Corpus Christi, Texas, will use PriceNet to help manage fuel prices at its 500-plus retail facilities throughout Texas, New Mexico and Oklahoma. In addition to streamlining the headquarters' fuels pricing process to respond more rapidly to ever-increasing cost and price volatility, the PriceNet Mobile and Web modules allow field-based personnel to report key pricing events as they occur, and quickly receive price updates and other key performance data. Following the recent acquisition of Town and Country Food Stores, an existing KSS customer at that time, Susser Holdings has chosen to expand the use of KSS PriceNet.
Craig Scotton, director of fuels for Susser Holdings, said, âKSSâ track record at Town and Country convinced us of the business value that PriceNet can bring to our fuels pricing operations in supporting our mission of delivering quality fuels at competitive prices, combined with fast, friendly service.â
âSusser Holdings is a highly successful and customer-focused operator and we are proud to be associated with them as a valued supplier. We look forward to expanding the use of our PriceNet solution across the Susser network of sites,â said Bob Stein, KSS chief executive officer and president.
About PriceNet
PriceNet is an end-to-end pricing solution supporting the key tasks and stakeholders involved in retail fuels pricing, from capturing field-based intelligence at the site level to the generation of price proposals, via comprehensive pricing rules or price optimization, to consistent and timely implementation. High levels of automation and an âexception-basedâ approach ensure a rapid response to competitors and market conditions and allow pricing analysts to leverage the power of pricing analytics.
About KSS
KSS is the global leading provider of fuels pricing analytics, price management, rules-based pricing and optimization technology and services to fuel retailers and wholesalers in the oil & gas, convenience store, grocery and big box retail industries. KSS clients include global, national, and regional companies managing a total of more than $100 billion in revenue through more than 20,000 fuel sites and rack terminals throughout the world. KSS U.S. headquarters are located in Florham Park, N.J., and European headquarters are based in Manchester, U.K.
For further information please visit the KSS web site at www.kssg.com or contact:
Bob Stein, Chief Executive Officer â Tel: +1 (973) 549 1850
Mark Hawtin, Vice President Marketing â Tel: +44 (0)161 228 0040
For media questions, contact Roy G. Miller â Tel: +1 (903) 422 5117 or rmiller@rgmcomms.com
KSSRoy G. Miller, 903-422-5117rmiller@rgmcomms.com
State Keywords: New JerseyIndustry Keywords: Convenience Store; Energy; Oil/Gas; Technology; Data Management; Supply Chain Management; Software; RetailSource: KSS
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