KSS, a supplier of pricing analytics, has announced that StatoilHydro, an operator of retail fuels outlets across several European countries, has selected the KSS PriceNet solution for fuel price management and optimization.
StatoilHydro is using KSS PriceNet to enhance its pricing decisions, to implement those decisions more efficiently and to provide consistency, accountability and control with regard its fuel-pricing processes.
Guntis Aboltins-Abolins, pricing manager of StatoilHydro, said: We identified KSS PriceNet to support our approach to centrally managing our fuel operations and, following an extensive evaluation, we are delighted with the results and have taken the decision to implement. KSS PriceNet satisfies our need to more effectively manage information and data, enabling us to operate the network of outlets through an exception based, streamlined and highly automated process.
Bob Stein, chief executive of KSS, added: StatoilHydro is leveraging KSS PriceNet to truly understand the complex dynamics of fuel pricing.