Procurement consultancy in 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 excellence for the energy sector

The energy industry is undergoing unprecedented change. The aim is to produce completely carbon-neutral energy 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 professional procurement functions in order to achieve innovation and cost excellence, ensure security of supply and establish new procurement and supply structures.


Raw materials management in procurement

The long-term success of raw material procurement is not only dependent on the performance of your procurement department. It is subject to a large number of external influencing factors, the risks of which can only be countered through targeted measures.

Learn more about raw material procurement

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

  • renewable energies
  • oil and gas industry
  • energy suppliers
  • energy specific technologies

Sustainability in the spotlight

Climate-friendly transformation

On the wayto a climate-optimized energy economy, different sectors are faced with different issues. Thanks to our many years of experience, we know the specific problems 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 sources without a carbon footprint requires 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 decarbonization by 2050.

In order to build new plants at competitive energy production costs, early involvement of procurement in the planning process is necessary, and cross-functional cooperation between procurement and engineering is vital. This is particularly 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 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 energy sector experts 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 requirements of fast-growing and increasingly international companies.

 

Find out more

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 is leading to new procurement challenges for companies in the industry.

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 realize 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.

The prospect of declining revenues for fossil fuels requires active cost management within the framework of traditional business models. In maintenance, cost optimization 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 deal with short-term challenges in strategic procurement with a professional team when needed, and to know how to implement best practices.

Private power generation via photovoltaics plays a decisive role in many political plans to achieve carbon neutrality. In order to do so, infrastructure must be adapted at the same time. 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 decentralized 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 of 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 training of your buyers. We would be happy to draw up an individual plan together with you.

Find out more about trainings

In the evolution of the energy sector, digitalization is the key to success and requires innovative supplier and procurement management, e.g.

  • the control of a decentralized 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 digitalization of procurement here.

Our experts would be happy to support your team on the way to a CO2-free future. Get in touch with us!

 

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Selected clients from the power & utilities sector

Our power and utilities experts

Stefan Benett

Managing Director

contact@inverto.com Contact

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