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Risk Analysis | Procurement Policy | Purchasing Strategy
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In today’s complex environment, energy buying is as much a risk management process as it is a procurement function. EnergyQuote will work with you to develop a risk management strategy based on your company’s individual risk profile and best practice risk management techniques. The overall strategy gives clear direction to all energy purchasing decisions, and helps you stay in control by mitigating your exposure to a wide variety of risks. EnergyQuote’s risk management service is built on three ‘layers’. | |||||||
Risk Analysis |
European energy buyers face many forms of risk: price risk, operational risk and, in an era of environmental concern, political and reputation risk. EnergyQuote works with you to identify your risk profile: the particular threats you face, their potential impact and your attitude to them. Your risk profile helps set the boundaries for your strategic purchasing decisions. | ||||||
Procurement Policy |
EnergyQuote works with you to create a policy that outlines your energy procurement objectives, ensuring these are in line with your risk profile. The procurement policy provides the context for your Purchasing Strategy and helps to ensure your risk tolerance is not exceeded.
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Purchasing Strategy |
The strategy determines the ‘trigger’ points that will prompt purchasing decisions. EnergyQuote works with you to set a strategy that is appropriate to your supply contract and that gives you control over purchasing decisions. The strategy is based on in-depth market intelligence provided by EnergyQuote’s analysts and proprietary traders.
![]() Each layer can be examined individually but works best when treated as a whole.
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| Copyright © 2006 EnergyQuote. All rights Reserved. Menu Credit Energy Management Brokers Ltd. T/A EnergyQuote. Registered in England No. 2500956 Registered Office: 66 Hammersmith Road, London, W14 8UD, United Kingdom |
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