The Energy Procurement Supply Association (EPSA) has released a new whitepaper, which has been dubbed a “call to action”.
Produced with support from the MBB Group, the whitepaper, titled ‘From Transaction to Strategic Value Creation: Redefining Procurement’s Role in the Energy Sector’, was created to offer practical insights, spark strategic conversations and champion the vital role of procurement and supply chain professionals in shaping the future of the energy sector.
Key takeaways include:
- The idea of value is changing
- Skills are the differentiator
- The talent pipeline is under pressure
- The future is multi-generational
“The volume and pace of change facing utilities in the energy sector is evolving rapidly, with unprecedented opportunities for load growth and leading the transition to a decarbonised, healthy and prosperous future,” said Charlotte Mulholland, President of EPSA.
“To support the energy transition, the role of procurement and supply chain professionals requires a fundamental shift from a transactional, tactical support function, to one that focuses on optimising commercial outcomes from suppliers and fosters strong internal relationships to deliver long-term value, drive innovation and efficiency, manage risk and optimise supplier spend.
“Procurement and supply chain teams have a pivotal role to play in accelerating progress to a sustainable energy future.
“This year’s white paper reflects a critical shift in thinking: procurement and supply chain professionals must evolve from transactional facilitators to strategic value creators. The findings and case studies featured in this report confirm what many across the industry are already witnessing.
“We hope this paper serves as a valuable resource for industry leaders, practitioners and policymakers alike. Whether you are building capability, navigating transformation or driving innovation, we trust the ideas shared here will support and inspire your journey.”
