Cost Insights
by PowerAdvocate

Intelligence for energy companies seeking a data-driven approach to cost management

Why Your Utility Should Do Should-cost Analysis

September 21, 2017 at 7:09 AM / by Kristen Brewitt posted in Utility, Cost Transformation, Supply Chain Transformation, Data and Analytics, should-cost

Do you manage a utility supply chain, procurement process, or supplier relationships? Or collaborate with and depend on teams that do? If so you know how heavy a lift it can be to effectively manage asset-intensive energy sector costs. Should-cost analysis helps address two key challenges that get in the way of delivering even more value for your organization.

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Supply Chain, Finance & the Data Analytics-driven Utility Future

June 29, 2017 at 8:19 AM / by Kristen Brewitt posted in Utility, Cost Transformation, Supply Chain Transformation, Data and Analytics

The Chief Procurement Officer’s organization has become a central driver of utility competitiveness and operational efficiency. During the EEI Annual Conference 2017 in Boston earlier this month, we had a number of discussions with CFOs around how Finance and Supply Chain can collaborate more closely to drive enterprise-wide value and efficiencies. Here's what we're seeing.

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How Data Enhances Utility Supply Chain Value

March 15, 2017 at 1:57 PM / by Kristen Brewitt posted in Utility, Cost Transformation, Supply Chain Transformation, Data and Analytics

Utilities rely on supply chain to manage resources efficiently and effectively across a wide range of projects and operations. Delivering on this mandate is increasingly challenging – and critical – as utilities adjust operational cost models and investment strategies to satisfy stakeholders and stay competitive. By connecting new data sources for more accessible, powerful historic usage data, many utility Supply Chain organizations are enhancing their enterprise-wide value.

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