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Author	Topic: Automatic Fuel Pricing allows HQ to change all it's stations at once	Post a Reply Back to Topics

slicerette Champion Author South Bend Posts:3,495 Points:537,550 Joined:Jan 2011	Message Posted: Mar 5, 2013 5:39:09 PM Ignore slicerette Report Abuse Now Fast Max stores can change prices more often, right from headquarters. Kocolene Marketing has chosen PriceAdvantage SMART Fuel Pricing, a fuel price management solution, for all of its Fast Max Convenience Store locations in Indiana and Kentucky to automate their fuel pricing process. “Adding PriceAdvantage to automate our fuel pricing process gives us the structure to change (gas) prices more often and implement prices from headquarters to the store,” said Lance Gentry, director of fuels & information technology for Kocolene. “Additionally, PriceAdvantage gives us the pricing history of our stores and competitors, as well as the ability to measure volume and margin performance, something that wasn’t easily accessible in the past.” Visit Convience Store Decisions for full article

slicerette

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South Bend

Posts:3,495
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Message Posted: Mar 5, 2013 5:39:09 PM

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Now Fast Max stores can change prices more often, right from headquarters.
Kocolene Marketing has chosen PriceAdvantage SMART Fuel Pricing, a fuel price management solution, for all of its Fast Max Convenience Store locations in Indiana and Kentucky to automate their fuel pricing process.

“Adding PriceAdvantage to automate our fuel pricing process gives us the structure to change (gas) prices more often and implement prices from headquarters to the store,” said Lance Gentry, director of fuels & information technology for Kocolene.

“Additionally, PriceAdvantage gives us the pricing history of our stores and competitors, as well as the ability to measure volume and margin performance, something that wasn’t easily accessible in the past.”

Visit Convience Store Decisions for full article

REPLIES (newest first)Ignore Short Messages

NedW Champion Author Indianapolis Posts:5,594 Points:1,138,245 Joined:Mar 2008	Message Posted: Mar 7, 2013 1:29:50 AM Ignore NedW Report Abuse How convenient.
BigKart All-Star Author Indianapolis Posts:753 Points:221,595 Joined:Apr 2011	Message Posted: Mar 6, 2013 2:11:54 PM Ignore BigKart Report Abuse Several references to price fixing/gouging in the comments. How does that apply? This just says that prices can be changed from the corporate HQ rather than having an employee at each location do so. Either way, HQ is going to set the price (exception: employee error).
slicerette Champion Author South Bend Posts:3,495 Points:537,550 Joined:Jan 2011	Message Posted: Mar 6, 2013 1:10:55 PM Ignore slicerette Report Abuse No the huge chain of Speedway does not have the "PriceAdvantage Smart Fuel Pricing" at their headquarters. Speedway owns and controls 1500 Speedway, GasAmerica and Rich gas stations across MI, IN, OH, KY, WV, IL and a few in WI and MN. Speedway is still sending out emails ordering their Speedway employees to raise gas prices at a certain time, usually the next day. "PriceAdvantage" allows the headquarters of the chain owner to automatcally raise the gas pump price at their staions set up with "PriceAdvantage" from one central location all at the same time. BTW, The Speedway chain has been first to raise prices in the Midwest for over ten years.
Bigoilscamsus20 Sophomore Author Detroit Posts:197 Points:14,985 Joined:Jan 2013	Message Posted: Mar 6, 2013 12:13:28 PM Ignore Bigoilscamsus20 Report Abuse This just proves that the price fixing is real and obvious to us all !! Market manipulation for more profit is alive and not well for the American consumer! Marathon/Speedway has had this feature for a year or more and they continue to rob and plunder the American consumer weekly! Congress needs to put price and profit controls on all petroleum products in America! If Big Oil can use eminent domain to put pipelines throughout the country on private land, then the government can set the price of that product for the common good!
Robert44 Champion Author Columbus Posts:3,567 Points:1,216,630 Joined:Mar 2004	Message Posted: Mar 6, 2013 11:48:55 AM Ignore Robert44 Report Abuse Usually happens here is Speedway is first to raise prices from 15-40 cents a gallon!!!
DesertRat2011 Champion Author Riverside Posts:3,597 Points:481,805 Joined:Jun 2011	Message Posted: Mar 6, 2013 10:48:16 AM Ignore DesertRat2011 Report Abuse Can you say price fixing!
schvanda63 Champion Author Lansing Posts:1,304 Points:261,825 Joined:Mar 2008	Message Posted: Mar 6, 2013 9:12:14 AM Ignore schvanda63 Report Abuse They already have something like that here. Once one station raises its prices, EVERY other one in the area does the same. Doesn't seem to be based on brand. Usually Speedway is the first and everyone follows.
dabayer Champion Author New Hampshire Posts:2,731 Points:621,030 Joined:Oct 2005	Message Posted: Mar 6, 2013 8:29:12 AM Ignore dabayer Report Abuse Automating price manipulation to squeeze another buck. Like the stock markets!
FPLREP Champion Author Virginia Posts:8,243 Points:2,445,140 Joined:Oct 2005	Message Posted: Mar 6, 2013 8:28:32 AM Ignore FPLREP Report Abuse Could a customer start filling at one price and finish at another?
fencemanNY Veteran Author New York Posts:408 Points:354,515 Joined:Jul 2008	Message Posted: Mar 6, 2013 8:07:21 AM Ignore fencemanNY Report Abuse Oh Boy! That means they can raise the prices at all their stations mor often and quicker. I wonder if there is a down button?
dr047 Champion Author Cleveland Posts:2,570 Points:513,445 Joined:Aug 2010	Message Posted: Mar 6, 2013 7:53:38 AM Ignore dr047 Report Abuse Everything these days is about money.
EvergreenON All-Star Author Ontario Posts:923 Points:479,690 Joined:Apr 2011	Message Posted: Mar 6, 2013 7:50:22 AM Ignore EvergreenON Report Abuse So they will rise the price three times a day
leeac Champion Author Ohio Posts:1,578 Points:430,920 Joined:Jan 2012	Message Posted: Mar 6, 2013 6:51:32 AM Ignore leeac Report Abuse In other words, it will now be easier for Big Oil to fix gasoline prices.
SUPERSTEVIEO Champion Author Quebec Posts:3,523 Points:787,115 Joined:Oct 2010	Message Posted: Mar 6, 2013 5:43:45 AM Ignore SUPERSTEVIEO Report Abuse so long as the price doesn't change while you are pumping or just about to pump!!!
pricewar Champion Author Ogden Posts:1,930 Points:271,540 Joined:Jul 2012	Message Posted: Mar 6, 2013 4:09:07 AM Ignore pricewar Report Abuse Whatever
ClarkSC Champion Author South Carolina Posts:3,063 Points:1,008,480 Joined:May 2010	Message Posted: Mar 6, 2013 3:03:24 AM Ignore ClarkSC Report Abuse About time.
musicreporter All-Star Author San Antonio Posts:620 Points:131,315 Joined:Dec 2012	Message Posted: Mar 6, 2013 1:24:53 AM Ignore musicreporter Report Abuse Good??
Vetteblu Champion Author Denver Posts:2,660 Points:777,045 Joined:Oct 2010	Message Posted: Mar 5, 2013 11:47:16 PM Ignore Vetteblu Report Abuse Another reason to hate computers. Sounds like a good way to price fix.
md11capt Champion Author Denver Posts:3,553 Points:707,405 Joined:Mar 2011	Message Posted: Mar 5, 2013 10:42:54 PM Ignore md11capt Report Abuse WHAT??!! And to think I believed all this time it was changed by some little guy in a remote office in Zurich.
NHLiveFree Champion Author New Hampshire Posts:11,070 Points:1,619,180 Joined:Jun 2008	Message Posted: Mar 5, 2013 10:04:39 PM Ignore NHLiveFree Report Abuse Making thousands more as they jack up prices in a matter of seconds rather than hours. Not good news for all consumers! [Edited by: NHLiveFree at 3/5/2013 10:05:09 PM EST]
WalkingWV Champion Author West Virginia Posts:3,691 Points:776,795 Joined:May 2008	Message Posted: Mar 5, 2013 9:32:26 PM Ignore WalkingWV Report Abuse Of course, instant price increases so they can change as soon as the ticker goes up, like they've been doing forever.
BobBG All-Star Author Albany Posts:820 Points:807,710 Joined:Nov 2005	Message Posted: Mar 5, 2013 9:29:53 PM Ignore BobBG Report Abuse Not a good thing for consumers.
eomc17 Champion Author Tucson Posts:1,822 Points:134,145 Joined:Mar 2007	Message Posted: Mar 5, 2013 8:57:45 PM Ignore eomc17 Report Abuse Means higher gas prices since these bandits are very slow to lower the gas prices when oil and gas futures prices go down in trading.
USMCturtlehead Champion Author Lexington Posts:1,963 Points:100,025 Joined:Feb 2013	Message Posted: Mar 5, 2013 7:48:11 PM Ignore USMCturtlehead Report Abuse Sure it won't be a cost savings to consumers. Prices will probably rise quicker, but doubt that they will rush to lower them.
ToolinIt Champion Author Colorado Posts:1,803 Points:883,595 Joined:May 2010	Message Posted: Mar 5, 2013 7:22:13 PM Ignore ToolinIt Report Abuse I believe that Valero stations are already doing this.
app063 Sophomore Author Maryland Posts:170 Points:152,380 Joined:May 2011	Message Posted: Mar 5, 2013 7:19:14 PM Ignore app063 Report Abuse So here's the dilemma: Are you glad that someone(s) had a job to develop the automation to do this task electronically or are you mad that the local guy/gal no longer has to increase the price per gallon at the local store location? In the end it is always a "wash"!
underbird10 Sophomore Author Atlanta Posts:166 Points:21,050 Joined:Jan 2009	Message Posted: Mar 5, 2013 7:16:44 PM Ignore underbird10 Report Abuse An ad for this application... Now, from the makers of that tried and true application "Specu-Traitor Gold" comes "AutoGouge 2.0". Screw your customers from the comfort of your deck chair in Palm Beach! Put your hands in the pocket of every American consumer without leaving your multi-million dollar estate! And, for a limited time only... we'll even throw in an app for your i-phone so you can jerk your customers chain 24 hours a day! Somewhere I know Billy Mays is smiling...
Discovery02 Champion Author Colorado Springs Posts:2,520 Points:306,665 Joined:May 2012	Message Posted: Mar 5, 2013 6:38:33 PM Ignore Discovery02 Report Abuse Great, now we're automating screwing drivers.
dh0770 Champion Author Colorado Posts:6,987 Points:672,460 Joined:Jun 2011	Message Posted: Mar 5, 2013 6:30:11 PM Ignore dh0770 Report Abuse Another office dweeb that never has to look the customer in the eye creating more havoc for the underpaid cashiers that have to listen to it!
Pramodsharma Champion Author Richmond Posts:1,969 Points:384,065 Joined:Feb 2012	Message Posted: Mar 5, 2013 6:15:16 PM Ignore Pramodsharma Report Abuse Let them test it by reducing a dime per gallon on all gas stations today.
Tacodan Champion Author Cincinnati Posts:2,295 Points:650,210 Joined:Apr 2011	Message Posted: Mar 5, 2013 6:10:01 PM Ignore Tacodan Report Abuse up,down,up,down,up,down sounds like they use a joy stick to set prices.............
bwatchingu Champion Author Arkansas Posts:1,730 Points:597,720 Joined:Jan 2009	Message Posted: Mar 5, 2013 5:56:05 PM Ignore bwatchingu Report Abuse Murphy,USA stations at Walmart stores have been doing this for a few years now.They change the pumps and the signs from headquarters.Tell the employees 15-30 minutes before the change.I was told by a person that was a manager at a station.
ooohgas Sophomore Author Ohio Posts:212 Points:292,175 Joined:Jul 2011	Message Posted: Mar 5, 2013 5:52:22 PM Ignore ooohgas Report Abuse I'm sure they will it to lower prices more quickly. ya right
RAE344 Champion Author Virginia Beach Posts:3,044 Points:657,520 Joined:Jun 2011	Message Posted: Mar 5, 2013 5:52:22 PM Ignore RAE344 Report Abuse This is a horrible idea for consumer.
grandpadon28110 Champion Author Charlotte Posts:4,701 Points:1,139,385 Joined:Sep 2008	Message Posted: Mar 5, 2013 5:46:25 PM Ignore grandpadon28110 Report Abuse It get the consumer sooner.
humblepie Champion Author Toledo Posts:34,082 Points:2,368,445 Joined:Mar 2006	Message Posted: Mar 5, 2013 5:43:24 PM Ignore humblepie Report Abuse it seems the whole town here is hooked up to this system now im waiting for them to use it when patrons are between the pump and the cashier