KSS Inc. has introduced KSS Analytics, a software offering that uses
the QlikView business intelligence engine from QlikTech to give fuel
retailers and wholesalers a dashboard-style overview of their fuel
operations, so they can make informed and valuable business decisions
in real-time.
KSS Analytics works alongside KSS’ PriceNet and RackPrice fuel price
management software as well as a standalone Business Intelligence Tool
to analyze and interpret valuable data and instantly present it via a
user-friendly interface. The customizable system helps users view and
manage key performance indicators (KPIs) like fuel volume, profit,
margins and process adherence, and, where appropriate, compare that
information against performance benchmarks.
“Having quick and daily access to key performance indicators speeds
analysis and decisions to improve results,” said Bob Stein, president
and CEO of KSS Inc. “Our KSS Analytics solution, using QlikView’s state
of the art business intelligence tools, delivers on that need by
automating the examination and analysis of data and helping fuel
retailers and wholesalers know where to focus to improve performance.”
During the development of KSS Analytics, KSS partnered with Visual Data
Group, a QlikView business intelligence specialty group, to develop the
engine behind the software solution. John Mayer, principal of Visual
Data Group (VDG), the QlikView Elite Reseller to KSS, says the
partnership delivers three primary benefits to fuel providers: speed,
accessibility and time-to-market.
“QlikView offers the most sophisticated analytics software in the
industry, delivering a valued solution in a quarter of the time and at
half the cost of other solutions,” Mayer said. “We’re excited to
partner with KSS on their new KSS Analytics system - our prowess in the
analytics arena and KSS’ knowledge of the retail industry will
immediately position the solution among the best business intelligence
offerings for fuel providers.”
By unveiling KSS Analytics, KSS Inc. has now expanded its overall
offering to include fuel price management software, analytics solutions
and consulting services. Stein says this marks his company’s second
major product launch this year, with the introduction of the KSS
Consulting Division in March.
PriceNet is KSS’ pricing solution that supports 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, thus allowing pricing analysts to leverage the power
of pricing analytics.
RackPrice is an end-to-end wholesale pricing solution that helps
wholesalers meet volume targets at the maximum possible margin by
improving its pricing processes and responding more rapidly and
effectively to market moves. The system includes modules for price
generation automation, reporting/analysis, competitive price
prediction, price-volume modeling and price optimization.
KSS’ Consulting Division features fuels pricing experts and proprietary
pricing intelligence tools that have helped clients in 25 countries
successfully improve profits at 25,000+ fuel sites and rack terminals.
The group includes scientific and business minds that help fuel
retailers and wholesalers delve to the root problems in their fuel
pricing operations, and then develop solutions that promote
profitability.
PetrolWorld 061009
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