Business Services Industry
Brookshire Grocery Co. Selects KSS Solutions for Fuels Pricing
Business Wire, May 1, 2008
PriceNet, PriceNet Mobile, and KSS Visualizer Enhance the Pricing Decision Process
FLORHAM PARK, N.J. -- KSS, the global leading supplier of pricing analytics, execution and optimization systems to the petroleum industry, announced today that Brookshire Grocery Co. has selected PriceNet, PriceNet Mobile, and KSS Visualizer to help improve and simplify the fuel pricing process for 80-plus retail stores across Texas, Louisiana, Arkansas, and Mississippi.
With PriceNet, PriceNet Mobile, and KSS Visualizer, Brookshire's stores will experience an improved process for gathering data that aids the pricing team in managing the fuels' pricing process more effectively and efficiently.
Mr. Steve Wimberly, director of fuel operations at Brookshire's, said, "Utilizing KSS as a pricing tool will expand our range with price optimization and allow us to reach new levels in today's highly competitive and volatile fuel market. We are confident that KSS will enhance the pricing image that Brookshire Grocery Company has built for the last 10 years within the fuel industry."
PriceNet is an end-to-end pricing solution supporting the key tasks and stakeholders involved in retail fuels pricing, from capturing field-based intelligence at the site level to the generation of price proposals via comprehensive pricing rules or price optimization to consistent, accurate, and timely implementation.
PriceNet Mobile is pricing in the palm of your hand. Users can enter competitor prices and receive new price proposals in seconds, sent directly to their mobile device for approval and implementation. KSS Visualizer is a Web-based data visualization tool intended to quickly draw attention to significant changes in key performance measures such as volume, running rates, margins, competitor price position and more, at any level of the business from individual grade/store to overall network.
"We are delighted that Brookshire's has chosen the KSS suite of products to support the consistent delivery of their pricing strategy," said Bob Stein, chief executive officer of KSS. "Brookshire's, through PriceNet, PriceNet Mobile, and KSS Visualizer, will be able to establish a highly efficient and responsive fuels pricing process."
About Brookshire Grocery Company, Inc.
Tyler, Texas-based Brookshire Grocery Co. was founded in 1928 and today operates more than 150 supermarkets under the Brookshire's Food Stores and Super 1 Foods banners in Texas, Louisiana, Arkansas, and Mississippi. More than 80 of them offer fuel centers.
About KSS, Inc.
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, N.J. with European headquarters in Manchester, U.K.
For further information please visit the KSS Web site at www.kssg.com.
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