Professional procurement management and strong supply chain performance in the energy sector
The energy & environment sector is undergoing fundamental change. Power & Utilities companies are under pressure to transform business models and operations, switch to greener energy and develop tailored digital solutions for increasingly empowered consumers. More flexible, efficient and cost-conscious supply chain management is essential, while emergent renewables players are looking to achieve economies of scale and grow their global reach amid subsidy reductions in their home markets.
Oil & Gas operators and contractors throughout upstream and downstream are faced with volatile oil prices, increased competition, disruptive technologies and a need to both reduce cost and ensure their supply chain partners are able to perform under demanding conditions to the highest safety, quality, environmental and – increasingly – social standards.
Many of these challenges have in common that procurement and supply management organizations need to be on top of their game in managing supply chain risk, building key supplier relationships and driving innovation with suppliers and in operations – all while pushing cost down, delivering projects on time, keeping operations agile, building positive momentum and bringing their people to a new level.
That’s where INVERTO comes in.
We support our clients in four key areas:
- Bringing procurement and supply management excellence to the organization
- Smarter value-creation and closer integration with key supply chain partners
- Professional supply chain risk management solutions
- Cost reduction across all areas of spend for projects, operations and indirect, using a full suite of technical and commercial approaches
How do we do it?
Procurement Potential Analysis
The first step? Transparency of spend, suppliers, processes, tools, cross-functional engagement and performance. Our Potential Analysis, as the name says, is our approach to identifying opportunities to reduce cost, increase capability and performance and to establish closer links between procurement and the wider organization and its goals – both immediately and for the long-term.
We scrutinize each category while joining the dots to understand the organization’s overall capabilities and gaps. Our teams on the ground bring experience and insights from your industry, backed up by expertise in our Energy Competence Center, with a vast array of data and tools available from our knowledge management infrastructure.
The analysis gives you a clear picture of where you need to act, a strategy to show you how to deliver the value and a roadmap for implementation that makes sense for your organization.
Implementation Phase: Realizing potential with enhanced procurement capability
The second step is the implementation phase, where we work with you to implement these strategies to maximize savings and performance. We drive cross-functional engagement between procurement and supply management teams with engineering, operations, project management, finance and customer-facing functions.
Why is our approach different? We work hand in hand with your procurement, supply management and contracting teams to create a powerful combination of your own experience and our cutting-edge insights. We work hard to help our clients reach and sustain a higher level. But we do this by working with you until the savings are literally in the bank and new approaches have been truly embedded and internalized – allowing you to continue your journey to true procurement and supply management excellence.
Of course, we can continue to support your journey to excellence with supply chain risk management, contract management, supplier management and integration, organizational development and people development & training with our own INVERTO Training Center.
Our optional supply chain performance check provides an in-depth view of your current supply chain operations, showing strengths, vulnerability and performance against benchmark organizations, and tells you where you should prioritize improvements – both for today and against your emerging business needs.
- Sustainable cost reduction, across capital expenditure & projects, spares & maintenance and indirect spend
- More effective procurement and supply management teams, with processes optimized and skill levels raised
- A stronger, better-performing supply chain, with closer alignment within your company and with your suppliers