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Fuel pricing software is intended to replace manual or spreadsheet-based processes that could delay the update of fuel costs and jeopardize profit margins. Delayed updates of fuels costs can cause fuel buyers to pay more than necessary, with day-to-day price swings occurring at 3 cents nearly 50% of
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Advances in artificial intelligence have further enhanced fuel pricing software. AI can predict how customer and competitors will react to price changes in different scenarios by analysing vast sums of historical and real-time data. AI can identify trends and provide dynamic, predictive,
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Factors such as pricing of competitors, analysis of current market costs and sales for each grade of fuel are all considerations that affect the outcome of fuel prices. In addition to this, sales by related convenience stores can effectively
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is a business tool intended to allow retail fuel marketers to determine the most appropriate price at which to offer fuel based on their
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The software solutions were developed to help fuel retailers manage margins, sales and stock volumes in the face of
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and Fuel Finder, are intended to locate the best prices on fuel according to their current location.
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335:"Inform Information Systems wins deal to support EuroGarages' fuel pricing"
381:"Higher Gas Prices Here to Stay, But Fuel Price Volatility Can Be Tamed."
231:"Skyline Products Selling Fuel Pricing Software as Stand-alone Product."
395:"Why Do Gas Station Prices Constantly Change? Blame the Algorithm"
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Please help to demonstrate the notability of the topic by citing
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307:"Service stations and convenience stores battle the giants"
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NACS: The
Association for Convenience and Fuel Retailing.
174:customer-centric pricing even in volatile markets.
251:"Developing a Fuel Strategy Amid Soaring Costs."
454:"GasBuddy app can help save money on gasoline."
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442:"Finding Cheaper Gas with Your Smartphone."
253:Convenience Store Decisions. 17 June 2011
118:Learn how and when to remove this message
444:NPR All Things Considered. 26 March 2012
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240:Convenience Store News. 30 March 2010
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305:Magner, Lauren (2 September 2013).
263:"What Influences Gasoline Prices?"
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276:"Pricing - The Drive To Optimise"
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463:Consumer Reports. 4 May 2012
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40:reliable secondary sources
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31:may not meet Knowledge's
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282:. 2013. Archived from
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133:Fuel Pricing Software
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361:"Sign of the Times."
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