How management's involvement in energy purchasing saved millions?
Company size: 2500+ employees
Industry: Automotive
Country: Poland
In large organizations, such as an automotive company, purchasing decisions have a significant impact on operational costs, making it crucial to make these decisions strategically. In this case, the challenge was to engage the management team in energy purchasing decisions and convince them to actively participate in developing a long-term strategy. The key question became: how to effectively involve the management team in the purchasing process and persuade them to take action?
To address these needs, a comprehensive energy purchasing strategy was developed, aligned with the company’s long-term objectives. The solution involved regular training sessions, meetings with the management team, and the presentation of case studies that demonstrated the value of the adopted model. A key element was the implementation of a tranche-based model, which allowed for the distribution of energy purchases over different periods and enabled dynamic responses to market changes. Additionally, analytical knowledge was shared regularly, providing up-to-date information on intraday prices, market trend analyses, and detailed charts and summaries, allowing the management team to make decisions based on concrete data and facts.
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