The client required budget certainty, lowest price, and the ability to forecast long term but also to take advantage of fluctuating market prices with a fixed commodity for 12 months. This meant protection and flexibility to re-forecast volumes during the contracted agreement.
Inenco took the time to understand the business’ requirements and built an energy strategy in line with global requirements to work towards
Inenco recommended a low-risk procurement strategy so that the client could stay in control of budgets and were able take advantage of fluctuating market conditions
A long term buying strategy as part of an aggregated buying strategy with the flexibility to change made considerable improvements to the client’s bottom line
Pro-active procurement management, despite non-commodity charges increasing considerably, meant that long term reductions were secured reducing costs significantly
Inenco were proactive with procurement management, despite non commodity charges increasing significantly. Long term reductions were secured reducing costs significantly. As a result, the client achieved a net saving of £62k and over £145k total commodity savings on their most recent procurement deal.
Inenco also provided virtual caps, so the client was able to provide budgets until September 2020.
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