Manchester, United Kingdom (PressExposure) June 23, 2008 -- Petroleum retailers now have a guide on how to make market volatility work for them.
KSS, the global leading supplier of pricing analytics, execution, and optimization systems to the petroleum industry, releases a new white paper for petroleum retailers.
The report, 'Coping with Cost and Price Volatility', discusses how to identify at what time and which retail sites to respond to market changes, gives tips for reacting efficiently, and highlights the importance of monitoring performance.
This comes at a time when fuels retailers worldwide are facing two major pricing challenges. The highest product costs in the history of the industry and cost volatility that can wipe out margins in a matter of hours. With increased consumer pressure to keep prices low, the result is a squeeze on margins that many fuels retailers have little experience of dealing with.
Mark Hawtin, VP business development at KSS, said: 'KSS has worked alongside petroleum retailers worldwide for over 15 years. Our "Coping with Cost and Price Volatility" white paper aims to assist petroleum retailers during these turbulent times.'
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