A global LNG company had a bold vision: Own the energy value chain to help a Caribbean nation transition from coal and oil to cleaner, more reliable power. That meant drilling offshore wells, building a refinery and floating production storage and offloading unit and constructing infrastructure to deliver gas to the grid, all under tight deadlines and geopolitical pressure.
As a leading U.S. utility planned a $30 billion clean energy transition, it faced a mess of timelines, misaligned suppliers and contract risks, against a backdrop of rising global tensions and disruptions.
The transition had to be smooth: no hiccups, no delays, no power outages.
See how GEP built supply chain resilience, diversified the vendor base and overhauled contracting and compliance to reduce cost and risk, while supporting the Fortune 500 utility’s shift to renewable energy.
Key Highlights:
May 12, 2025 | Procurement Strategy read
Razor-thin margins and relentless competition are driving organizations to constantly search for opportunities to gain whatever advantage is possible. Yet many overlook the strategic goldmine sitting right within their procurement function.
For decades, procurement was relegated to the back office — a necessary but uninspiring cost center focused on obtaining goods at the lowest possible price. Today's most successful organizations know this: procurement isn't just about buying; it's about strategically acquiring resources that fuel competitive advantage.
May 05, 2025 | Procurement Strategy read
Organizations constantly look for ways to optimize costs while maximizing value. And one of the most powerful tools in this pursuit is spend analysis — a systematic process that transforms raw procurement data into actionable insights. As supply chains continue to become increasingly complex due to geopolitical conflicts and tariff wars, understanding the various types of spend analysis becomes critical for procurement professionals aiming to drive strategic value beyond mere cost savings.
May 02, 2025 | Risk Management read
Procurement professionals know how to effectively deal with vendors. They adopt a structured approach to managing, as well as enhancing vendor performance. Despite these mechanisms in place, they often face unforeseen supply disruptions. Or they find that sub-standard goods have been delivered.
Now, amid the tariff turmoil, there is a risk of prolonged disruptions in supply, especially from vendors based in other regions.
April 29, 2025 | Risk Management read
By Gauranga De
The imposition of tariffs by the Trump administration and the ensuing flip-flops are no black swan. It is a gray rhino event — large, looming, and anticipated. While global supply chains have endured repeated disruptions, this moment marks a critical shift that will redefine industry norms.
April 29, 2025 | Procurement Strategy read
When it comes to accounts payable, most organizations have it backward—they try to optimize accounts payable when they should be reinventing their entire procure-to-pay workflow. The conventional wisdom that treats AP as a standalone function is increasingly outdated in today's interconnected business environment.
