KSS, FuelLogix Partner to Enhance Fuel Pricing for Convenience Retailers
Partnership integrates Agility, PriceNet solutions
Published in CSP Daily News
FLORHAM PARK, N.J. -- 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 [image-nocss] and chief executive officer of KSS.
Kennon Mullen, vice president and senior consultant at FuelLogix, 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 retail automation platform that captures data and daily reporting from the point of sale (POS) through the auditing process, to the financial statements, providing retailers a solution all across a web browser.
PriceNet is KSS' pricing solution that supports key tasks and stakeholders involved in retail fuels pricingfrom 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, the company said, thus allowing pricing analysts to leverage the power of pricing analytics.
Winter Park, Fla.-based FuelLogix is a full-service systems integrator specializing in the technology and business needs of the petroleum and convenience store Industries. It offers a full complement of consulting, implementation, procurement and management services and is a complete source for software, migration of legacy system data, hardware, networking, remote monitoring services and disaster recovery. Brand names within the FuelLogix portfolio include Agility, iFlex and LoadTrax. FuelLogix provides retailers with a complete enterprise solution from POS to corporate financial systems through integration services and partnerships with industry leading technology providers. It focuses on the store and host operations, fuel and category management.
KSS is a leading global provider of pricing software, analytics and consulting services to fuel retailers and wholesalers in the oil & gas, c-store and retail industries. It helps fuel marketers identify and execute optimal pricing strategies. The company's U.S. headquarters is located in Florham Park, N.J., and its international headquarters is in Manchester, U.K.