Energy Risk Management

The future of the energy industry is being driven by new technology implementation, stricter policy enforcement, environmental concerns, increasing cost pressures, tighter asset management and an emphasis on energy efficiency. To understand and cope with these changes, Energy companies must adopt “Intelligent” solutions to run:

  • Smarter processes that are both effective and efficient
  • Smarter analytics to identify trends and issues which uncover new insights and be future ready
  • Smarter technology collaborative tools designed to transform internal operations, enhance customer relationships, and improve the industry value chain

Genpact helps global Energy companies to differentiate and out compete in the market place by turning common processes into smarter processes through superior analytics and best-in-class technology. Energy companies are becoming more adaptive, innovative and globally effective by:

  • Increasing global supply chain visibility, optimizing working capital and driving profitability by leveraging Genpact’s comprehensive suite of supply chain, procurement, and finance and accounting services.
  • Leveraging Genpact’s proprietary Smart Enterprise Processes (SEPSM) methodology which is a powerful combination of our deep process expertise and extensive industry knowledge integrated with our Lean, Six Sigma, re-engineering, analytics and technology solutions.
  • Driving smarter business decisions through our granular benchmarks, business insights and analytics.

Genpact offers comprehensive services across the Energy value chain – Oil and Gas, Energy OEM, Energy Services, and Transmission and Distribution.

Sales and Marketing Analytics
  • Market size assessment
  • Competitive intelligence
  • Country research
  • New product feasibility research
  • Customer segmentation
  • Customer satisfaction studies
  • Price measurement
  • Deal pricing
  • Lead generation
  • Sales force effectiveness studies.
Sourcing and Supply Chain Management
  • Demand management and inventory planning
  • Sourcing, procurement and payment processing
  • Network and carrier sourcing analytics
  • Service planning
  • Contract and warranty management
  • Asset tracking and management
  • Inventory optimization
Finance & Accounting
  • Accounts payable
  • Accounts receivable management
  • Record to report – Accounting, closing and reporting
  • Treasury/ Tax
  • Financial planning and analysis
  • Risk Management – Portfolio management, receivables analysis, billing quality analysis
  • Compliance
  • Payroll
  • Carbon accounting
IT Outsourcing
  • Enterprise applications solutions (Oracle, SAP, Siebel)
  • Business Intelligence/Data Warehousing (BI/DW)
  • Technology Integration (ADM, BPM, Testing)
  • IT Infrastructure management services

Re-engineering
  • Process audit
  • Industry benchmarking
  • Process improvement
  • Six-Sigma implementation
  • For a large energy services company, Genpact implemented smarter monitoring process to reduce risk exposure, delivering a huge business impact of $ 200 million
  • For a large gas turbine manufacturer, Genpact developed a work-flow based tool and metric generation to provide visibility and improve execution. The customer saw a business benefit of $24 million
  • For a large energy services company, Genpact did a continuous analysis and triggers to help the client reduce past dues and improve payment behavior of its customers. The engagement resulted in a revenue realization of $ 40 million for the customer
  • For a global energy company, Genpact delivered a bottom line impact through 12% savings YoY over the addressed spend by deploying effective sourcing and spend management strategies and compliance processes globally.
  • For a global energy company, Genpact consolidated billing activities for all its business’ P&L, increasing cash flow by $27 million and reducing the overall billing cycle time by 30 days

Genpact is the knowledge Partner of Procurement Leaders Forum in Chicago and is hosting an exclusive 'Executive roundtable over a VIP luncheon'
March 21, 2013, Chicago

visit: http://www.procurementleaders.com/forum-chicago-mar-2013

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