Business Services Industry

KSS Joins SAP Partner Ecosystem to Deliver Integrated Solutions for the Oil and Gas Industry

Business Wire, Feb 12, 2007

MANCHESTER, United Kingdom -- KSS, a global leader in retail and wholesale pricing automation and optimization solutions, announced today that it has joined the recently announced SAP Industry Value Network (IVN) for oil and gas as an Independent Software Vendor member. This follows the recent certification of its KSS RackPrice wholesale fuels pricing application on the SAP NetWeaver[R] platform.

The SAP Industry Value Network for oil and gas brings together a select group of key independent software vendors, systems integrators and technology vendors with SAP and executives from 17 oil and gas companies representing major integrated, large national and mid-sized company that are thought leaders, such as Conoco Phillips, Holly, Petrobras, Shell, Statoil, Tesoro and Valero. The IVN will address the most pressing industry business challenges by accelerating the solution innovations the industry needs and leveraging investments in SAP and partner solutions to optimize asset utilization and lower IT investment risk.

Through its PriceNet retail fuels and RackPrice wholesale fuels pricing applications, KSS will work with other members of the IVN to provide fully integrated solutions for price optimization and margin management for the downstream hydrocarbon supply chain. By delivering pre-integrated, standard, end-to-end solutions and services based on the SAP NetWeaver[R] platform, customers can avoid costly integration projects.

"We are delighted to be a member of the IVN and to focus on the key industry challenges in collaboration with SAP, oil and gas companies and other key technology providers to rapidly deliver the innovative and integrated pricing solutions customers need," said Mark Hawtin, KSS vice president of business development

About KSS

KSS is the leading supplier of comprehensive pricing intelligence, optimization and execution solutions to the convenience retail, grocery, chain drug and petroleum industries, helping retailers manage in excess of $50 billion annual revenue from more than 20,000 outlets. Retailers use KSS solutions to add discipline to the pricing process, help make better-informed pricing and promotional decisions and implement decisions more efficiently, driving more profit to the bottom-line. KSS software is available as an on-site, fully integrated system configured by experienced consultants from US headquarters in Florham Park, N.J. and European headquarters in Manchester, United Kingdom. For more information visit www.kssg.com.

About PriceNet

KSS PriceNet provides retail fuels price automation and optimization to help retailers more effectively manage pricing to consistently achieve volume and profit goals by site, by grade, and by day.

About RackPrice

KSS RackPrice automates the pricing process and applies advanced decision support capabilities to help wholesale fuels suppliers control price volatility, deliver more rateable volume and optimize margin performance.

KSS Limited                  KSS Inc
7th floor                    25-B Hanover Road
St James's Buildings         Florham Park
79 Oxford Street             New Jersey
Manchester  M1 6SS           07932
UK                           USA
Tel:  44 (0)161 228 0040     Tel:  1 (0)973 549 1850
www.kssg.com                 www.kssg.com
COPYRIGHT 2007 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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