Procurement excellence for the energy sector

The energy industry is undergoing a transformation. Sustainability and green energy are playing an increasingly important role. On the way to a climate-optimised energy economy, different subjects are in the focus for different sectors.

 

Procurement consultancy in the energy sector

The energy industry is undergoing significant change. The aim is to achieve completely CO2-neutral production 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.

 

Get in touch

As a specialised 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 system
  • measures for the strategic optimisation of OPEX and CAPEX to reduce the cost of energy
  • realise cost reduction potentials in all product groups in order to reduce the cost of energy
  • to ensure the success of your employees through targeted individual further training
  • to bundle project requirements intelligently and ensure procurement performance in investment projects

Sustainability in the spotlight

Climate-friendly transformation

On the path to a climate-optimised energy economy, different issues are the focus for different sectors. Thanks to our many years of experience, we know the specific issues and can competently support clients from all sectors in their transformation. As experts in procurement and supply chain management, we always keep an eye on reducing the cost of energy.

Our services in the energy sector

The complete shift to energy resources without a carbon footprint requires huge investments. The International Energy Agency (IEA) has calculated that energy companies will have to invest four trillion dollars worldwide 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.

Companies from the oil and gas sectors are adapting business models and cost structures to the changing demand. At the same time, the development of new, sustainable business models for companies from the oil and gas sectors is leading to new challenges in procurement.

 

Examples are:

 

  • Investments in renewable energies
  • Integration of charging stations into petrol station networks
  • Research into 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 have to work efficiently and safely.

 

Learn more about managing service providers

 

Procurement also needs to remain efficient and responsive in the face of change, to manage short-term challenges in strategic procurement with a professional team when needed, 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 further training of your buyers. We will be happy to draw up an individual plan together with you.

 

Learn more about our trainings

In the evolution of the energy sector, digitalisation is the decisive key to success and requires innovative supplier and procurement management, for example:

 

  • the control of a decentralised energy network by means of smart metering
  • Cost optimization in 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 a contract to payment
  • innovative spend analytics solutions

 

You can find out more about our expertise in the digitalisation of procurement here.

 

Selected clients from the power & utilities sector

Our power and utilities experts

Peter Wessmann

Associtate Director

peter.wessmann@inverto.com Contact

Stefan Benett

Managing Director

contact@inverto.com Contact

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