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KSS and FuelLogix Partner to Enhance Fuel-Pricing Processes for Convenience Stores

 

 

Florham Park, N.J., May 11, 2010 -- KSS Inc. and FuelLogix, LLC have announced that they have formed a partnership to integrate the point-of-sale (POS) sales data and reports generated from FuelLogix’s Agility solution with KSS’ PriceNet fuel price management solution to create an enhanced fuel pricing system for convenience and grocery retailers.

“By combining these two leading technology solutions, fuel retailers will have a wealth of information to make impactful, accurate and competitive fuel pricing decisions that positively impact both fuel and store profits,” said Bob Stein, president and chief executive officer of KSS.

Kennon Mullen, vice president and senior consultant at FuelLogix, LLC, said, “In today’s volatile fuel environment, every piece of information is vital to maintaining a competitive advantage at both the local and enterprise level. The goal of this partnership is to help our customers maximize that advantage.”

Agility is FuelLogix’s sophisticated, easy-to-use retail automation platform that captures data and daily reporting from the point-of-sale through the auditing process, to the financial statements, providing retailers a cost-effective and efficient solution all across a Web browser.

PriceNet is KSS’ pricing solution that supports 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 "exception-based" approach ensure a rapid response to competitors and market conditions, thus allowing pricing analysts to leverage the power of pricing analytics.

FuelLogix is a full-service systems integrator specializing in the technology and business needs of the petroleum and convenience store Industries. FuelLogix offers a full complement of consulting, implementation, procurement, and management services; serving as a complete source for software, migration of legacy system data, hardware, networking, remote monitoring services, and disaster recovery to service all of our client's business computing needs.



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