Giant Eagle® Inc. Optimizes Fuel Pricing For Added Value And Efficiency Using KSS PriceNet
105 Get Go® fuel and convenience stores complete KSS software rollout
Florham Park, N.J.–Oct. 3, 2006 – KSS, the global leader in fuel pricing automation and optimization solutions, announced today that Giant Eagle® has completed the software rollout of KSS PriceNet for fuel price automation and optimization at 105 GetGo® convenience store locations.
“KSS PriceNet has provided us with the ability to automate and more effectively manage our fuel pricing process,” said Dan Pastor, vice president of fuels and convenience at Giant Eagle. “We are focused on delivering exceptional value to our customers and KSS PriceNet is helping us achieve this goal.”
Giant Eagle, one of the nation’s largest food retailers and food distributors with approximately $6.2 billion in annual sales, is using KSS PriceNet to automate manual fuel pricing tasks.
“The KSS PriceNet solution has allowed Giant Eagle to better understand, manage and automate the fuel pricing process,” said Bob Stein, chief executive officer of KSS’ fuels division. “With PriceNet, Giant Eagle is able to react quickly to rapidly changing market conditions to ensure that they are delivering consistent value to their customers.”
KSS PriceNet is available as an on-site, fully integrated pricing system designed to add discipline to the pricing process and help operators make better informed pricing decisions. KSS PriceNet organizes and analyzes all of the relevant pricing and market data and provides dynamic pricing rules with an industry best-practice workflow and process to control all pricing activities. KSS PriceNet uses KSS’ leading demand modelling and optimization technology to allow operators to set prices by taking into account the individual competitive and demand dynamics for each grade of fuel, at each site.
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