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PriceNet
Analytics, rules-based pricing and price optimization for retail fuels
If, like other fuels retailers, you're looking to meet volume targets at the highest achievable margin, KSS could help you.
PriceNet can help you identify each site's true competition, by grade, make more informed pricing decisions and then speedily implement new prices throughout your network.
PriceNet enables clients to:
Achieve financial goals
- maximize gross profit and meet volume targets - without affecting price image
- Grow volume while minimizing margin loss
Improve operational efficiencies
- React quicker to market changes
- Deal with new entrants without making target sacrifices
- Validate your pricing policy against volume and margin goals and test changes before implementing
- Achieve consistency across the network with zero pricing errors
- Introduce pricing flexibility to capitalise on each site's unique sensitivities
- Streamline your IT structure by integrating with your existing systems using standard interfaces, lowering maintenance efforts and minimizing total cost of ownership
Advance market intelligence
- Apply pricing-specific business intelligence tools to gain unique market, competitor and customer insight
- Quantify competitor strength by grade and site
- Continuously monitor performance, highlight low performing sites and respond quickly
- Evaluate each site with comprehensive reporting and analysis
Ensure regulatory compliance
- Apply appropriate controls, authorizations and approvals
- Incorporate pricing-specific legislation as additional price rules (e.g. state of emergency)
- Maintain audit trails for every price decision
- Library of compliance reports to monitor and report when necessary
For more information simply email info@kssg.com or call your local office.
