Decision making amidst market uncertainty

Energy, as an industry, is synonymous with uncertainty and volatility. But it’s also one full of innovation. Pulled into focus in recent years due to the energy crisis that followed the war in Ukraine, the security of energy supply and its affordability have joined sustainability as priority considerations within businesses. While we collectively progress to a net zero future, organizations must balance continuity of operations and costs, too.

This places pressure on the energy industry and its supply chain, as the organizations that provide fuel to power the rest of the economy. We help organizations solve complex challenges through procurement; from nuclear to wind and many in between, we know how to make an impact within the parameters of a highly regulated market.

Procurement solutions tailored to your challenges 

We are practitioner-led. Our people bring real-world industry experience and adopt a hands-on approach to the challenges and opportunities within Energy. Prevalent in the market, with leading brands trusting Proxima as their procurement partner, we bring fresh, relevant, actionable insight from across the industry and beyond.

With high commodity prices and growing concerns over energy security, many energy organizations face the need to diversify supply and accelerate the energy transition. We are seeing increasing regulation and investment drive the demand for clean energy, presenting the need for significant investments from energy organizations in both infrastructure and technology.

We help organizations by:

  • Bringing relevant expert knowledge and industry expertise to inform strategy
  • Providing access to leading suppliers through our proximity to the market
  • Offering commercial and operational challenge to decisions
  • Optimizing benefits by broadening the perception of value

With constant shifts in consumer behavior, value chain dynamics, and regulation, procurement becomes critical in ensuring businesses survive in the energy landscape and thrive.

Industry Insights

Procurement plays a key role in the energy industry. Getting ahead of market volatility within the context of a climate crisis is no mean feat:

With the continued push to electrification across sectors, energy companies are increasing forecasts and planning for the investment required and the knock-on effect of consumer prices. Add to this the complexity of decarbonizing the electric grid, and organizations face a multi-layered challenge.

As pressure continues on household spending, many energy organizations are seeking improved affordability in a bid to retain customers, raising cash for capital programs in the form of grants and loans.

Common across many industries is the potential of emerging Artificial Intelligence (AI) and Generative AI solutions. Energy organizations are already piloting technology to improve the customer experience and boost efficiency in the maintenance field. 

What we do

Each business will face its own unique challenges; contact our experts today to find out how we can help you. Our service suite is wide-ranging, and we offer both defined products and bespoke services. Broadly, our services sit into four pillars:

Resources

2024 Cpo Report:

What’s next for Procurement

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