Data consolidation leads to effective energy portfolio management
Organizations like retailers, grocery operators, logistics & storage companies, restaurant & convenience chains, banking and financial sectors, big box chains, clothing, sporting, cosmetics & electronic goods retailers, and automotive service industries, among others usually face a multitude of challenges because their vast amount of energy data is not easily accessible or verifiable as accurate. Furthermore, the multitude of energy markets makes procurement decision making a difficult task.
OnSite Partners assists multi-site, multi-regional organizations facing these challenges by applying our inter-disciplinary expertise, advanced data management tools, extensive energy market knowledge, and resources within our systematic approach to drive superior results.
Best Practices
The biggest pitfall a company with this profile can make is piecemealing their energy management needs at a site level. They need to adopt a holistic approach to programmatically address their key value drivers such as
- Consolidated internal data acquisition from all sites, coupled with a comprehensive awareness of energy and sustainability market trends through external data sources such as utility tariffs, energy markets, energy technologies, regulatory considerations etc.
- Timely payment of utility bills with ongoing validation for accuracy.
- Cost management strategies that drive informed development of energy budgets.
- Centralized energy procurement process built on decisions guided by energy market data.
- Frameworks that provide insight driven prioritizations of
- Renewable Energy strategy and Energy Efficiency projects.
