July 10, 2007
Manchester, UK –July 10, 2007––KSS, the global leading provider of retail and wholesale fuels price automation and optimization systems, announced today that it has secured its first European RackPrice client.
“We are delighted to announce our first European licensee for our RackPrice wholesale fuels pricing system. This win validates that the functionality of RackPrice meets the requirements of the European wholesale fuels supply and distribution sector. It is also another example of a client not requiring any upfront testing before making a decision to license. We look forward to working with the client to implement the system to help them gain greater insight into their markets and more effectively meet the needs of their customers,” said Bob Stein, Chief Executive of KSS’ fuels group.
KSS RackPrice is a comprehensive wholesale and commercial fuels pricing system designed to combine pricing analyst expertise with a robust, highly efficient process workflow to generate margin-maximizing prices. With a suite of analytical tools, including competitor price prediction, demand forecasting and price optimization, RackPrice provides deep insight into market and competitor dynamics as the basis for more effective pricing decisions.
KSS is the global leading provider of pricing analytics, price management, rules-based pricing and optimization technology and services to fuel retailers and wholesalers in the oil and gas, convenience store, grocery and big box retail industries. KSS clients include global, national and regional companies managing a total of over $100 billion in revenue through more than 20,000 fuel sites and rack terminals, throughout the world. KSS US headquarters are located in Florham Park, NJ with European headquarters in Manchester, UK.
For further information please visit the website at www.kssg.com or contact:
Bob Stein, Chief Executive Officer Tel: +1 (973) 549 1850
Mark Hawtin, Vice President Marketing Tel: +44 (0)161 228 0040
For media inquiries, contact Roy Miller Tel: +1 972 717 3500 ext 235 or rmiller@transsynergy.com
Copyright © Knowledge Support Systems Limited 2008. All rights reserved. Corporate Information|Privacy Policy|Terms of Use|Careers|Press|Contact Us|Site Map