Daily’s Convenience Stores, a subsidiary of Tri Star Energy, has selected KSS PriceNet and PriceNet Web to provide day-to-day fuel price management and optimization at 104 sites in Mid-Tennessee and Southern Kentucky.
The Nashville, Tenn.-based company purchased PriceNet in order to respond quickly to changing oil prices and help its sites maintain profitability despite energy market fluctuations.
“Daily’s is a results-oriented company – and KSS has a proven history of success with an impressive list of clients,” said Steve Hostetter, Tri Star CEO. “We conducted a thorough assessment of fuel price management software and, in the end, PriceNet was far and away the best choice for us.”
PriceNet is a comprehensive pricing solution that supports 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 and timely implementation. High levels of automation and an ‘exception-based’ approach ensure a rapid response to competitors and market conditions and allow pricing analysts to leverage the power of pricing analytics. PriceNet Web facilitates exchange of data between field offices and the head office to allow review and authorization of price adjustments more quickly at a local level.
PriceNet Web is fully integrated with PriceNet, requiring only a PC and Internet access for use.
“We are delighted to have Daily’s as a new partner and are eager to help them maximize profits,” said Bob Stein, President and CEO of KSS. “Our PriceNet and PriceNet Web will let them evaluate pricing at the local site level and make informed pricing decisions rapidly. We are fortunate to have such forward-thinking companies as customers.”