Perspective Newsletter

Perspective
Newsletter

If you would like to receive Perspective - our monthly newsletter – which brings you all of our latest news and views as well as interviews and opinion pieces then please follow the link below...

Read more

Energy procurement staff 'need to embrace new strategies'

18 September 2012

Managers involved in energy procurement are having to change their tactical outlook to cope with mounting industry pressures, according to a sector expert.

Gary Worby, managing director at energy broker EnergyQuote JHA, told Supply Management at the recent Energy Event 2012 that the government's Electricity Market Reform and rising energy prices are having an impact on procurement operations.

Over the next decade, efforts will be made by the government to phase out the use of coal and nuclear power, while 50 per cent less gas is expected to be produced from the North Sea, thus increasing the need for sustainable and economical solutions.

As such, buyers are finding it necessary to produce risk management strategies that allow them to secure more broad-ranging long-term contracts.

Mr Worby said: "Procurement has turned into a full-risk management portfolio structure, rather than a one-off purchasing activity. Energy is no longer a buy-only product, it's a buy and sell product."

Earlier this month, Andrew Underwood, partner at KPMG Management Consulting, noted that the fashion industry is another sector in which changing demands are placing an increased emphasis on efficient supply chain organisation.

Odgers Interim are UK leaders in Interim Management solutions for the Commercial Sector. We have offices in London, Birmingham, Leeds, Manchester, Glasgow, Aberdeen and Cardiff as well as over 50 offices globally. We are the only Interim Management providers who are part of a top tier international executive search firm. We work closely with our executive search colleagues to find candidates who can offer short term solutions with long term benefits. www.odgersinterim.com


Categories: Functional Practices, Procurement & Supply Chain

Comments

No comments have yet been posted, be the first to comment by using the form below:

*
* CAPTCHA
*