Cost Insights
by PowerAdvocate

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

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

June 29, 2017 at 8:19 AM / by Nicole Hamilton 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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[Whitepaper] 4 Factors to Consider During Your Capital Program Organizational Transition

May 9, 2017 at 8:05 AM / by Christine Oumansour & Caroline Hunting posted in Utility, Capital Projects

Making any change to an organization requires proactive management to ensure a smooth transition. There are many potential pitfalls that can arise if all affected stakeholders are not aligned and actively engaged in the process. 

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[Webinar On-demand] Imports in Peril? Power & Utility Trade Risk Exposure

May 3, 2017 at 8:03 AM / by Jaclyn Tran posted in Utility, Market Update

Trade policies have a way of changing the domestic and global supply chain landscape. A complex mix of duty rates, trade agreements, and federal policies put various pressures on supply and price dynamics. The US import exposure to any NAFTA renegotiations, for example, has been top of mind for many of our utility clients.    

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[Whitepaper] How a Utility Portfolio Spend Profile Influences Capital Program Value

April 27, 2017 at 8:08 AM / by Christine Oumansour & Steven Shannon posted in Utility, Capital Projects

The foundation for an optimal utility capital project delivery model is built on a thorough understanding of the expected portfolio of work that the organization needs to accomplish. Portfolio spend profile analysis provides capital program organizations with the insight needed to determine the appropriate resourcing and risk mitigation strategies to employ in its delivery model.

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[Whitepaper] How to Approach Utility Capital Project Delivery Model Optimization

April 14, 2017 at 11:01 AM / by Christine Oumansour & Andrew Jean-Louis posted in Utility, Capital Projects, capital program office, delivery model optimization

Maintaining profitability in a rapidly fluctuating market environment is a challenge for any firm. For utilities, structuring a Capital Program Office to meet the specific needs of projected workload is a key success factor. Achieving the optimal Delivery Model requires considering a wide range of factors – and a significant investment of time and resources. Before refining an existing or transitioning to a new Delivery Model, it pays to first understand the transitional costs, value, and ongoing savings opportunities.

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[Webinar On-demand] Trump Risks to International Supply Chains: Utility & Power Sector Perspective

March 29, 2017 at 4:17 PM / by Jaclyn Tran posted in Utility, Market Update

The Trump Administration has ushered in a new era of policy uncertainty for your sector. While it’s not yet clear how “America First” proposals will translate into actual policy, there’s a lot at stake for utility and power companies.

PowerAdvocate’s Energy Intelligence Group has assessed the potential implications of Trump Administration proposals on the global Supply Chain, what it could mean for your organization, and courses of action you can take to mitigate risk.

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Webinar On-demand: Q4 2016 Utility Market Update

March 17, 2017 at 9:54 AM / by Jaclyn Tran posted in Utility, Market Update

There has been no shortage of discussion about the new White House Administration’s policy change. But how will anticipated trade and market-related shifts affect your Supply Chain options and planning? 

Watch our Q4 2016 Quarterly Market Outlook webinar on-demand to get answers to questions like these and more.

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How Data Enhances Utility Supply Chain Value

March 15, 2017 at 1:57 PM / by Nicole Hamilton 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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Collaboration and the Art of Utility Cost Transformation

January 26, 2017 at 10:20 AM / by Nicole Hamilton posted in Utility, Cost Transformation, Supply Chain Transformation

When it comes to the utility cost transformation journey, every group has a different role to play. Supply Chain organizations are in a unique position to apply their deep spend, cost, and supplier management expertise to help advance enterprise-wide objectives. One path for sustained value creation is through enhanced stakeholder collaboration – both internally with business units and externally with suppliers.

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Adapting Supply Chain to the New Utility Business Model

January 24, 2017 at 6:01 PM / by Nicole Hamilton posted in Utility, Cost Transformation, Supply Chain Transformation

Utility Supply Chain continues to be in the spotlight, reflected in how much these organizations are asked to adapt and change. Driven by short-term earnings pressure, revenue challenges, and debt limitations, the C-suite needs more cost savings more quickly. The challenge for Supply Chain is to stay ahead of changing priorities and secure executive buy-in on the budget. While it may be easier said than done, earning the respect of business units helps pave the way to shared success.   

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