The supply chain is key for utility company cost reduction, but an industry-wide review of material logistics practices finds that some utilities have a method to improve their supply chains with little additional effort.
As a source of cost reduction, supply chain has been a key area of focus for many US Electric utilities. So where should companies focus for additional cost reduction after strategic sourcing has run its course
PwC’s PRTM Management Consulting partnered with a major electric utility to conduct an industry-wide review of materials logistics practices in the utility supply chain. In the process, we identified a number of utilities that have implemented innovative and effective solutions and developed a three-step action plan utilities can follow to improve their supply chains without substantial additional involvement.