Fuel retailers generally utilize one of two fuel pricing methods to determine new fuel prices and execute price changes: decentralized or centralized pricing.
Based on information provided by fuel retailers who have shifted from a decentralized to a centralized pricing model, this white paper presents examples of:
- Problems created by decentralization
- Catalysts for centralizing fuel pricing
- Challenges associated with moving to a centralized model
- Benefits of centralization
- Requirements for a successful centralization project