Procurement Excellence for the Energy Sector
The energy industry is undergoing an unprecedented transformation. The aim is to produce completely CO2-neutral by 2050 – as envisaged in the European Union’s Green Deal – while keeping energy costs at a competitive level that is also acceptable to end consumers.
Whether it is hydrogen, synthetic fuels or the use of renewable energies: energy companies that want to develop further need professionally acting procurement in order to achieve innovation and cost excellence, ensure security of supply and establish new procurement and supply structures.
As a specialised management consultancy for procurement and supply chain management, we support you in this:
- Optimise procurement and supply chain management through intelligent digital solutions
- Select and qualify new suppliers and innovation partners in a targeted manner
- develop and establish a professional risk management
- Take measures to strategically optimise OPEX and CAPEX to reduce the Cost of Energy
- realise cost reduction potentials in all commodity groups to reduce the cost of energy
- to ensure the success of your employees through targeted individual training
- to bundle project requirements intelligently and to ensure procurement performance in investment projects
On the way to a climate-optimised energy economy, different issues are at the forefront for different sectors. Thanks to our many years of experience, we know the specific issues and can competently accompany clients from all sectors during the transformation. As experts in procurement and supply chain management, we always keep an eye on reducing the cost of energy.
CO2-neutral energy generation
The complete shift to energy sources with no CO2 footprint will require huge investments. The International Energy Agency (IEA) has calculated that energy companies will need to invest four trillion dollars globally by 2030 to achieve full decarbonisation by 2050.
In order to build new plants at competitive energy production costs, early involvement of procurement in the planning is necessary, and cross-functional cooperation between procurement and engineering is indispensable. This is all the more true because procurement inevitably cannot fall back on established suppliers when switching to new concepts. The earlier procurement is involved in the planning, the more time it has to find innovative suppliers for the new tasks. Partnerships offer a real opportunity to benefit from the knowledge of specialists and to develop solutions together.
Learn more about intelligent supplier management and innovation partnerships.
Our experts for consulting in the energy sector are happy to support you in the conception and implementation of optimal sourcing strategies. In this way, we ensure efficient cost management for our clients. This also applies to the indirect needs of fast-growing and increasingly international companies.
Oil and gas: procurement as a decisive factor for business success
Companies in the oil and gas sectors are adapting business models and cost structures to changing demand. At the same time, the development of new, sustainable business models for companies in the oil and gas industry is leading to new challenges in procurement.
Examples of this are
- Investment in renewable energies
- Integration of charging stations into petrol station networks
- Research on synthetic fuels or biofuels
In companies from the gas and oil industry, procurement is the area where significant savings potential can be addressed in order to realise competitive energy production costs. At the same time, as a link to the supply chain, the department plays a central role in achieving sustainability goals and establishing innovative processes.
At the same time, the prospect of declining revenues for fossil fuels requires active cost management within the framework of traditional business models. In maintenance, cost optimisation is becoming increasingly important – plants and infrastructure must work efficiently and safely.
Procurement must also remain efficient and responsive in times of change in order to be able to deal with short-term challenges in strategic procurement with a professional team if necessary, and to know and implement best practices.
In order to achieve CO2 neutrality, private electricity generation via photovoltaics plays a decisive role in many political plans. At the same time, the infrastructure must be adapted. More and more private households are becoming not only consumers, but also producers and suppliers. Transmission system operators are thus challenged to plan and implement large-scale projects to manage a decentralised infrastructure, which is not possible without external service providers. The goal is to find practicable and affordable energy technology solutions.
Parallel to the real estate sector, the automotive sector is also switching to electricity instead of fossil energy. The development of the charging infrastructure therefore requires further investments and an intelligent connection to the supply networks.
Procurement is required for all these tasks. It is foreseeable that in the course of this development, procurement will play a much more prominent role than in the past. In order for your procurement team to be able to meet the increased challenges, you should invest specifically in the continuing education of your buyers. We would be happy to draw up an individual plan together with you.
More about Contractor Management
In the evolution of the energy sector, digitalisation is the key to success and requires innovative supplier and procurement management, for example
- the control of a decentralised energy network by means of smart metering
- the cost optimisation of maintenance and repairs through innovative technologies, such as remote diagnostics, remote monitoring or predictive maintenance
- The acceleration of internal company processes from the conclusion of the contract to payment
- innovative spend analytics solutions
Learn more about our expertise in digitising procurement here.
Our experts will be happy to support your team on the way to a CO2-free future. Contact us!