ENABLING SMART PROCUREMENT

  • Published in: Aug 2017
  • Pages: 70
  • SKU: IRCMSTR14623

Global Energy Consulting Category - Procurement Market Intelligence Report

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SpendEdge’s energy consulting procurement research report is an all-inclusive guide enabling sourcing and procurement leaders to make smart purchasing decisions. This report provides a strategic analysis of the supply markets, factors influencing procurement decisions, procurement best practices, pricing models, supplier landscape and an analysis of the supplier capability matrix.

Key Features of Report

 

Supply Market Insights
Procurement Best Practices
Cost Saving Opportunities
Pricing Models
Negotiation Strategies
Category Risk Analysis
Key Supplier Analysis
Supplier Capability Matrix

 

Energy Consulting - Category Spend Analysis

According to procurement analysts at SpendEdge, a key reason behind the growth of the global energy consulting market is the increase in government regulations on the energy sector. Governments worldwide have imposed regulations to curb greenhouse gas emissions through promotion of energy-efficient equipment such as LED lights and alternative energy sources (renewable energy such as wind energy, hydroelectricity, and solar energy). As a result, the energy consulting sector is experiencing growth as industries (such as power generation, utilities, construction, and transportation) across countries such as the US, the UK, and China have taken initiatives and pledges to reduce carbon emission based on government mandates. For instance, the Chinese government has pledged to reduce carbon emissions to 41%-46% by 2020 compared with the 2005 level.

Energy Consulting - Procurement Best Practices

Procurement managers must implement robust strategies and partner with service providers based on relevant industry certifications of their consultant, reviews from prior clients, smart operational facilities, and low carbon generation system, which are evaluated based on assurance parameters.

One of the best procurement practices is to ensure that service providers hire consultants that are certified by reputed energy consulting associations and programs such as Association of Energy Engineers and certified energy analyst program for performing such services. Service providers must also have an average industry experience of 10–12 years, which ensures that they have a clear understanding of industry-specific energy solutions and efficiency.

 Energy Consulting - Procurement Challenges

This procurement research report on the energy consulting market highlights some of the key challenges faced by buyers. A lack of expertise in computing energy management services and volatile regulatory policies and prices restrict procurement managers from making cost-saving investments in energy efficiency.

A key procurement pain point experienced by procurement managers in this market space is the volatility in regulatory policies and energy prices making it difficult for buyers to select and optimize appropriate environmental strategies. Therefore, service providers face challenges in estimating accurate budget for a long-term energy-efficient project due to volatile energy resource prices. For instance, instability in fuel prices affects inventory management and supply chain integration, which increases the probability of onshore and offshore methods of producing energy. However, these renewable energy assets have high installation cost and require large areas. Also, it is difficult to capture renewable energy due to its fluctuating nature. Hence, buyers need to have an appropriate mechanism in place to procure energy.

 

SpendEdge also offers customization of this report to meet your exact requirements. Please contact us at enquiry@spendedge.com

Are you an Enterprise User? Try our annual subscription services offering unlimited access to SpendEdge reports. Click here to register for trial/demo

Read less

Key Features of Report

 

Supply Market Insights
Procurement Best Practices
Cost Saving Opportunities
Pricing Models
Negotiation Strategies
Category Risk Analysis
Key Supplier Analysis
Supplier Capability Matrix

 

Energy Consulting - Category Spend Analysis

According to procurement analysts at SpendEdge, a key reason behind the growth of the global energy consulting market is the increase in government regulations on the energy sector. Governments worldwide have imposed regulations to curb greenhouse gas emissions through promotion of energy-efficient equipment such as LED lights and alternative energy sources (renewable energy such as wind energy, hydroelectricity, and solar energy). As a result, the energy consulting sector is experiencing growth as industries (such as power generation, utilities, construction, and transportation) across countries such as the US, the UK, and China have taken initiatives and pledges to reduce carbon emission based on government mandates. For instance, the Chinese government has pledged to reduce carbon emissions to 41%-46% by 2020 compared with the 2005 level.

Energy Consulting - Procurement Best Practices

Procurement managers must implement robust strategies and partner with service providers based on relevant industry certifications of their consultant, reviews from prior clients, smart operational facilities, and low carbon generation system, which are evaluated based on assurance parameters.

One of the best procurement practices is to ensure that service providers hire consultants that are certified by reputed energy consulting associations and programs such as Association of Energy Engineers and certified energy analyst program for performing such services. Service providers must also have an average industry experience of 10–12 years, which ensures that they have a clear understanding of industry-specific energy solutions and efficiency.

 Energy Consulting - Procurement Challenges

This procurement research report on the energy consulting market highlights some of the key challenges faced by buyers. A lack of expertise in computing energy management services and volatile regulatory policies and prices restrict procurement managers from making cost-saving investments in energy efficiency.

A key procurement pain point experienced by procurement managers in this market space is the volatility in regulatory policies and energy prices making it difficult for buyers to select and optimize appropriate environmental strategies. Therefore, service providers face challenges in estimating accurate budget for a long-term energy-efficient project due to volatile energy resource prices. For instance, instability in fuel prices affects inventory management and supply chain integration, which increases the probability of onshore and offshore methods of producing energy. However, these renewable energy assets have high installation cost and require large areas. Also, it is difficult to capture renewable energy due to its fluctuating nature. Hence, buyers need to have an appropriate mechanism in place to procure energy.

 

SpendEdge also offers customization of this report to meet your exact requirements. Please contact us at enquiry@spendedge.com

Are you an Enterprise User? Try our annual subscription services offering unlimited access to SpendEdge reports. Click here to register for trial/demo

Table of Contents

PART 1: SUMMARY

  • Research Objectives and Methodology         
  • Category Definition

PART 2: CATEGORY AT A GLANCE            

  • Market Overview    
  • Preferred Procurement Models and Major Service Providers
  • Cost-saving Opportunities   
  • Major Category Requirements          
  • Major Procurement Pain Points        

PART 3: MARKET INSIGHTS        

  • Category Spend Analysis      
  • Key Market Developments 
  • Key Category Growth Drivers             
  • Major Category Growth Constraints
  • Procurement Best Practices
  • History of Innovation            
  • Key Current Technological Innovations          
  • Major Regulatory Frameworks          
  • Strategic Sustainability Practices       
  • SWOT Analysis         
  • PESTLE Analysis        

PART 4: SUPPLY MARKET INSIGHTS        

  • Supplier Operational Capability Matrix           
  • Supplier Functional Capability Matrix             
  • Key Clients 
  • Supplier Cost Breakup           
  • Supplier Positioning Matrix 
  • Supplier Selection Criteria   

PART 5: PRICING INSIGHTS         

  • Pricing Models Snapshot     
  • Pricing Models – Pros and Cons        
  • Indicative Pricing     
  • Category Negotiation Strategies       

PART 6: CATEGORY ESSENTIALS

  • SLA Terms  
  • Supplier Evaluation Criteria 
  • Category Risk Analysis           
  • Category Sourcing Evolution Matrix

PART 7: TOP FIVE SUPPLIERS  

  • McKinsey    
  • Deloitte    
  • Accenture    
  • PwC    
  • General Electric   

PART 8: APPENDIX         

  • Glossary
  • About Us     
Read less

Table of Contents

PART 1: SUMMARY

  • Research Objectives and Methodology         
  • Category Definition

PART 2: CATEGORY AT A GLANCE            

  • Market Overview    
  • Preferred Procurement Models and Major Service Providers
  • Cost-saving Opportunities   
  • Major Category Requirements          
  • Major Procurement Pain Points        

PART 3: MARKET INSIGHTS        

  • Category Spend Analysis      
  • Key Market Developments 
  • Key Category Growth Drivers             
  • Major Category Growth Constraints
  • Procurement Best Practices
  • History of Innovation            
  • Key Current Technological Innovations          
  • Major Regulatory Frameworks          
  • Strategic Sustainability Practices       
  • SWOT Analysis         
  • PESTLE Analysis        

PART 4: SUPPLY MARKET INSIGHTS        

  • Supplier Operational Capability Matrix           
  • Supplier Functional Capability Matrix             
  • Key Clients 
  • Supplier Cost Breakup           
  • Supplier Positioning Matrix 
  • Supplier Selection Criteria   

PART 5: PRICING INSIGHTS         

  • Pricing Models Snapshot     
  • Pricing Models – Pros and Cons        
  • Indicative Pricing     
  • Category Negotiation Strategies       

PART 6: CATEGORY ESSENTIALS

  • SLA Terms  
  • Supplier Evaluation Criteria 
  • Category Risk Analysis           
  • Category Sourcing Evolution Matrix

PART 7: TOP FIVE SUPPLIERS  

  • McKinsey    
  • Deloitte    
  • Accenture    
  • PwC    
  • General Electric   

PART 8: APPENDIX         

  • Glossary
  • About Us     

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