Situation
The client is focused on procuring, producing, distributing, trading and selling energy and related products in Northern Europe. An efficiency programme identified high-level savings potential in the procurement and supply chain processes. The client needed a validated business plan and implementation roadmap to realise the identified potential.
Approach
Through the implementation of standardised processes and best-practice maintenance procedures, Valcon helped the client realise the identified potential which resulted in double-digit millions of savings. Valcon optimised the inventory process in the form of clean-up and master data optimisation and supported the implementation of a new inventory policy. The new inventory policy resulted in double-digit EBIT effect during a five-year period. A spend management system was developed, identifying double-digit millions in potential procurement savings for future realisation.
Results
The project significantly benefited the power company, realising savings in the double-digit millions through the development of effective inventory policies and the implementation of standardised processes.
