Energy shortfalls result in high energy costs and put supply chain sustainability strategies at risk. To minimize risk, optimize operations, and transform their supply chain energy consumption, CSCOs must move from tactical to strategic decision-making.
A three-pronged supply chain energy management approach can help CSCOs focus on energy demand reduction.
- Energy risk identification. Assess portfolio for energy cost and security risks. Prioritize sites.
- Operational energy optimization. Reduce energy consumption. Assess energy security.
- Transform energy production and use. Create self-reliance to meet own energy needs.
Download the Supply Chain Energy Crisis report to explore best-practice ways to respond to an escalation in supply chain energy costs.