Total savings generated: 6% on negotiation and up to 27% on contracting
Gas cost optimization project and purchase risk management.
- 12 months
- Definition of internal needs and objectives in the gas category for 2018.
- Elaboration and Validation with the client of the Purchase Strategy for July 2018 in October 2017 (more than 8 months in advance).
- Market monitoring assessing Brent uncertainty and exchange rate stability.
- Gas negotiation process in week 47 of 2017.
Why this strategy?
We decided that the best thing in this case was to apply a conservative strategy as a response to the uncertainty generated in the market after the Vienna OPEC Convention of October 20, 2017. Here the current supply reduction and containment agreements are strengthened.
TOTAL SAVINGS GENERATED: 36%
- Definition and implementation of a methodology to sustain the effects of this specific Purchasing effort.