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Anvil-Case Study - Spend Analitycs - Energy Sector

Case study

Energy Sector

Client Mission

  • Our client is one of the top independent oil and gas operators in Europe. They have more than 800 people overseeing the production of 50million barrels of oil equivalent per year

Business Challenge

  • Newly appointed head of procurement set an objective of improved cost management and a value creation programme to support the company's rapid expansion

Challenge addressed

  • Rapidly deployed Spend Management to analyse spend, savings, contracts & POs against KPIs
  • Opportunity Assessment using data driven insights from the Anvil Spend Management Solution
  • Extend the scope of spend management to include sustainability and risk measures

Testimonial

“We are delighted that we chose Anvil. The solution has helped us to provide a better service to our stakeholders and raised profile across the organisation. We can now provide monthly status and data driven insight very efficiently where we used to struggle to get basic reports”.

Value delivered

  • Produced monthly spend and procurement operations performance reports against KPIs for Senior Leadership Team and stakeholders
  • Identified 112 key projects for procurement to support the business and deliver over £15m in savings. Connected with over 60 stakeholders and suppliers
  • Initial Spend Management focus remains, but has widened to include sustainability and risk, giving procurement the tools to support the growth of this iconic brand
RETURN

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