intelligent_procurement_process_monarchpartnership
AUDIT & IDENTIFICATION SOLUTION EXECUTION SUPPLIER MANAGEMENT PERFORMANCE MONITORING

AUDIT & IDENTIFICATION

* Customer data collection
* Current consumption Profile
* Needs, risk appetite and constraints
* Goals, success criteria and KPIs

SOLUTION

* Procurement strategy
* Risk policy
* Mobilisation plan
* Dedicated team

EXECUTION

* Creation of all bid documents
* Wholesale market and price analysis
* Evaluation of supplier offers
* Contract and price negotiations

SUPPLIER MANAGEMENT

* Management of supplier transfers
* Constant review and analysis
* Progress reports
* Ongoing contract management

PERFORMANCE MONITORING

* Review and report performance against agreed success metrics
* Identify further opportunities to enhance success ratio
* Identify future targets
* Wholesale market monitoring

Monitoring for Optimised Performance

We are committed to continuous improvement. We review the performance of your procurement strategies and contracts to ensure relevant risk controls and proactive actions are in place. Our market and trading experts analyse historic trends and current price drivers. With real-time data we study wholesale markets to identify opportunities and the best time for energy purchasing. We provide you regular tendering reports to show your procurement has been made (OJEU etc.) compliantly and according to the approved Procurement Strategy and Mobilisation Plan.

When we have carried out the tendering process and purchased your business electricity/gas contract, we evaluate the performance against agreed success metrics. We also identify further opportunities and future targets to enhance the success ratio. We assess whether further optimisation strategies could achieve better value both retrospectively and going forward. We use Energy Risk VuePoint tool to log trades. You always know we have purchased according to the strategy at the best market price with good supplier customer service. You will also see how the tariff/price has performed against the market.

Transparent Reports

Our Online Reporting tool allows you to draw consumption reports based on your real-time energy usage whenever you need them. The annual performance report in turn shows you the results against market average, governance measures and other procurement strategies. You can set up custom reports based on your unique requirements

Value You Get

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Weekly reviews and quarterly reports

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Monthly Asset Management Report

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Risk Management Plan

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Annual Performance Report

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Online Consumption Reports 24/7

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