Procurement Best Practices of Power Generation Utilities

Procurement Best Practices of Power Generation Utilities

Power Utilities Move from Cost- to Value-based Procurement to Gain Supply Chain Efficiencies

RELEASE DATE
08-Jul-2014
REGION
Global
Research Code: 9AAE-00-04-00-00
SKU: EG00040-GL-MR_00535
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Description

This research service focuses on the evolving material and services procurement practices of major power generation utilities globally. It provides an in-depth analysis on the evolving procurement practices in power utilities and discusses common challenges. Based on the on-going transformations in procurement practices, this research offers a glimpse into the future of procurement. Receding profit margins, volatility in fuel prices, over-subsidisation of electricity tariffs, increasing customer focus, the globalisation of the supply chain, and eco-friendly government sourcing guidelines are the major reasons for the shift in power utilities’ procurement practices.

Table of Contents

Research Scope

Key Findings

Key Findings (continued)

Best

Green Procurement, IT Implementation, and Inventory Management Best Practices

Sustainable Procurement, Category Management, and Spend Management Best Practices

Global Procurement Evolution by Region

Power Sector—Present and Future Outlook

Change in Industry Dynamics

Timeline—Transformation of Utility Structure and Procurement Practices

Regulations and Privatisation—A Major Force in Changing Procurement Practices in Emerging Economies

Regulation and Privatisation—A Major Force in Changing Procurement Practices in Developed Economies

Procurement Transformation

Procurement Transformation—Decentralised to Centralised

Procurement Transformation—Decentralised to Centralised (continued)

Procurement Transformation—Decentralised to Centralised (continued)

Role of the Chief Procurement Officer

Procurement Transformation—Tactical to Strategic

Procurement Transformation—Tactical to Strategic (continued)

Procurement Transformation—Tactical to Strategic (continued)

Procurement Transformation—Tactical to Strategic (continued)

Procurement Transformation—Tactical to Strategic (continued)

Procurement Transformation—Local to Global

Procurement Transformation—Local to Global (continued)

Procurement Transformation—Manual to Automated

Procurement Transformation—Manual to Automated (continued)

Procurement Transformation—Manual to Automated (continued)

Procurement Transformation—Unsustainable to Green Procurement

Procurement Transformation—Unsustainable to Green Procurement (continued)

Challenges

Challenges Explained—Maintaining Supply Chain Visibility

Challenges Explained—Application of Strategic Sourcing

Challenges Explained—eProcurement and IT Practices

Challenges Explained—Vendor Management

Challenges Explained—Vendor Management (continued)

Best Practices—Total IT Installation

Best Practices—Green Procurement

Best Practices—Green Procurement (continued)

Best Practices—Green Procurement (continued)

Best Practices—Inventory Optimisation

Future of the Supply Chain—Revamping the Procurement Organisation Structure

Future of the Supply Chain—Revamping the Procurement Organisation Structure (continued)

Introduction of ‘Should Costing’

Supplier Integration and Empowerment

Supplier Integration and Empowerment (continued)

Big Data Will Have a Big Effect on Procurement

Conclusion

Legal Disclaimer

The Frost & Sullivan Story

Value Proposition: Future of Your Company & Career

Global Perspective

Industry Convergence

360º Research Perspective

Implementation Excellence

Our Blue Ocean Strategy

This research service focuses on the evolving material and services procurement practices of major power generation utilities globally. It provides an in-depth analysis on the evolving procurement practices in power utilities and discusses common challenges. Based on the on-going transformations in procurement practices, this research offers a glimpse into the future of procurement. Receding profit margins, volatility in fuel prices, over-subsidisation of electricity tariffs, increasing customer focus, the globalisation of the supply chain, and eco-friendly government sourcing guidelines are the major reasons for the shift in power utilities procurement practices.
More Information
No Index No
Podcast No
Author Harsh Thacker
Industries Energy
WIP Number 9AAE-00-04-00-00
Is Prebook No