{"id":107430,"date":"2025-01-03T14:53:46","date_gmt":"2025-01-03T13:53:46","guid":{"rendered":"https:\/\/www.KGM Strategy.com\/?p=107430"},"modified":"2025-01-15T16:07:37","modified_gmt":"2025-01-15T15:07:37","slug":"meeting-the-energy-industrys-challenges-with-strategic-procurement-2","status":"publish","type":"post","link":"https:\/\/www.KGM Strategy.com\/en\/insights\/meeting-the-energy-industrys-challenges-with-strategic-procurement\/","title":{"rendered":"Meeting the Energy Industry\u2019s Challenges with Strategic Procurement"},"content":{"rendered":"<p>&nbsp;<\/p>\n<div class='container  py-3'><div class=\"row \"><div class=\"col-lg-6\"><p>As the energy sector rapidly transitions to support <strong>decarbonization<\/strong> and <strong>digitalization<\/strong>, companies face unique challenges across traditional energy sources, renewables, and energy networks. Each sector has distinct demands\u2014from managing <strong>aging infrastructure<\/strong> in traditional energy sources to addressing the intermittency of renewable power networks and<\/div><div class=\"col-lg-6\">transforming transmission and distribution grids. \u00a0Early, <strong>strategic procurement<\/strong> plays a vital role in managing these complexities, reducing costs, and securing resilient supply chains. Below, we explore the specific challenges faced by each sector and how procurement can be a catalyst for successful outcomes.<\/p><\/div><\/div><div class='container  '><\/div>\n<div class='container  py-3'><\/div><div class=\"row \"><div class=\"col-lg-12\"><h2>Hydrocarbon extraction and refining<\/h2>\n<p>The hydrocarbon sector faces several key challenges as it adapts to evolving market demands, regulatory pressures, and sustainability goals. Strategic procurement plays a critical role in meeting these demands by supporting operational flexibility, managing infrastructure needs, and sourcing innovative solutions.<\/p>\n<div is=\"tab-content\">\n    <div class=\"tabs responsive-tabs container is-style-leading_check overflow-visible\">\n        <div class=\"row \">\n            <div class=\"col-md-4 navContainer\">\n                <ul class=\"nav nav-tabs-02\" role=\"tablist\">\n                                            <li class=\"nav-item\" role=\"presentation\">\n                                                            <div class=\"bg-circle \"\n                                                                                style=\"background-color: #a0d60a\"\n                                                                    >\n                                                                            <i class=\"icon icon-check\"><\/i>\n                                                                    <\/div>\n                                                        <button class=\"trigger-button active\" id=\"btn-tab-1-0\" data-bs-toggle=\"tab\" data-bs-target=\"#tab-1-0\" type=\"button\" role=\"tab\" aria-selected=\"true\">\n                                <span class=\"trigger-button-title\">Adapting to shifting demand and regulatory pressures<\/span>\n                            <\/button>\n                        <\/li>\n                                            <li class=\"nav-item\" role=\"presentation\">\n                                                            <div class=\"bg-circle \"\n                                                                                style=\"background-color: #a0d60a\"\n                                                                    >\n                                                                            <i class=\"icon icon-check\"><\/i>\n                                                                    <\/div>\n                                                        <button class=\"trigger-button\" id=\"btn-tab-1-1\" data-bs-toggle=\"tab\" data-bs-target=\"#tab-1-1\" type=\"button\" role=\"tab\" aria-selected=\"true\">\n                                <span class=\"trigger-button-title\">Managing aging infrastructure<\/span>\n                            <\/button>\n                        <\/li>\n                                            <li class=\"nav-item\" role=\"presentation\">\n                                                            <div class=\"bg-circle \"\n                                                                                style=\"background-color: #a0d60a\"\n                                                                    >\n                                                                            <i class=\"icon icon-check\"><\/i>\n                                                                    <\/div>\n                                                        <button class=\"trigger-button\" id=\"btn-tab-1-2\" data-bs-toggle=\"tab\" data-bs-target=\"#tab-1-2\" type=\"button\" role=\"tab\" aria-selected=\"true\">\n                                <span class=\"trigger-button-title\">Transitioning to sustainable alternatives<\/span>\n                            <\/button>\n                        <\/li>\n                                    <\/ul>\n            <\/div>\n            <div class=\"col-lg-8 col-xl-7\">\n                <div id=\"tab-1--tabContent\" class=\"tab-content tab-content-type-02\" role=\"tablist\">\n                                            <div class=\"tab-pane fade card show active\" id=\"tab-1-0\" role=\"tabpanel\" aria-labelledby=\"btn-tab-1-0\">\n                            <div class=\"card-header\" role=\"tab\" id=\"heading-tab-1-0\">\n                                <button class=\"trigger-button trigger-button--icon\" type=\"button\" data-bs-toggle=\"collapse\" data-bs-target=\"#collapse-tab-1-0\" aria-controls=\"collapse-tab-1-0\" aria-expanded=\"true\">\n                                                                            <div class=\"bg-circle \"\n                                                                                                style=\"background-color: #a0d60a\"\n                                                                                        >\n                                                                                            <i class=\"icon icon-check\"><\/i>\n                                                                                    <\/div>\n                                                                        <span class=\"trigger-button-title\">Adapting to shifting demand and regulatory pressures<\/span>\n                                    <i class=\"icon icon-arrow-right\"><\/i>\n                                <\/button>\n                            <\/div>\n                            <div id=\"collapse-tab-1-0\" class=\"collapse show\" data-bs-parent=\"#tab-1--tabContent\" role=\"tabpanel\" aria-labelledby=\"heading-tab-1-0\">\n                                <div class=\"card-body\">\n                                    <div class=\"inner\">\n                                    \n                                                                            <p>As global energy consumption patterns evolve, Hydrocarbon-focused energy companies need flexible business models and cost structures to support both conventional energy production and future requirements. This requires procurement to actively understand new demands, emerging technologies, and evolving organizational needs. By partnering closely with engineering teams, procurement can source innovative equipment and solutions that may be novel or unfamiliar but are essential to future operations, making procurement a critical driver of the company\u2019s adaptability and growth.<\/p>\n\n                                                                        <\/div>\n                                <\/div>\n                            <\/div>\n                        <\/div>\n                                            <div class=\"tab-pane fade card \" id=\"tab-1-1\" role=\"tabpanel\" aria-labelledby=\"btn-tab-1-1\">\n                            <div class=\"card-header\" role=\"tab\" id=\"heading-tab-1-1\">\n                                <button class=\"trigger-button trigger-button--icon\" type=\"button\" data-bs-toggle=\"collapse\" data-bs-target=\"#collapse-tab-1-1\" aria-controls=\"collapse-tab-1-1\" aria-expanded=\"false\">\n                                                                            <div class=\"bg-circle \"\n                                                                                                style=\"background-color: #a0d60a\"\n                                                                                        >\n                                                                                            <i class=\"icon icon-check\"><\/i>\n                                                                                    <\/div>\n                                                                        <span class=\"trigger-button-title\">Managing aging infrastructure<\/span>\n                                    <i class=\"icon icon-arrow-right\"><\/i>\n                                <\/button>\n                            <\/div>\n                            <div id=\"collapse-tab-1-1\" class=\"collapse\" data-bs-parent=\"#tab-1--tabContent\" role=\"tabpanel\" aria-labelledby=\"heading-tab-1-1\">\n                                <div class=\"card-body\">\n                                    <div class=\"inner\">\n                                    \n                                                                            <p>Decommissioning pipelines, refineries, and engaging in well abandonment activities pose financial and logistical challenges, especially with regulatory, environmental, and operational requirements. Companies must weigh the costs and benefits of repurposing versus decommissioning. This requires a procurement organization with expertise in regulatory compliance, environmental standards, and specialized supplier networks to secure the right resources and manage complex requirements effectively.<\/p>\n\n                                                                        <\/div>\n                                <\/div>\n                            <\/div>\n                        <\/div>\n                                            <div class=\"tab-pane fade card \" id=\"tab-1-2\" role=\"tabpanel\" aria-labelledby=\"btn-tab-1-2\">\n                            <div class=\"card-header\" role=\"tab\" id=\"heading-tab-1-2\">\n                                <button class=\"trigger-button trigger-button--icon\" type=\"button\" data-bs-toggle=\"collapse\" data-bs-target=\"#collapse-tab-1-2\" aria-controls=\"collapse-tab-1-2\" aria-expanded=\"false\">\n                                                                            <div class=\"bg-circle \"\n                                                                                                style=\"background-color: #a0d60a\"\n                                                                                        >\n                                                                                            <i class=\"icon icon-check\"><\/i>\n                                                                                    <\/div>\n                                                                        <span class=\"trigger-button-title\">Transitioning to sustainable alternatives<\/span>\n                                    <i class=\"icon icon-arrow-right\"><\/i>\n                                <\/button>\n                            <\/div>\n                            <div id=\"collapse-tab-1-2\" class=\"collapse\" data-bs-parent=\"#tab-1--tabContent\" role=\"tabpanel\" aria-labelledby=\"heading-tab-1-2\">\n                                <div class=\"card-body\">\n                                    <div class=\"inner\">\n                                    \n                                                                            <p>Shifting to renewable sources requires significant investment and innovative infrastructure modifications to balance current operations with future demands. For procurement, this means sourcing <strong>new materials<\/strong> and technologies, establishing relationships with <strong>emerging suppliers<\/strong>, and building a <strong>resilient supply chain<\/strong> that can support both existing infrastructure and new, adaptable systems. Procurement\u2019s role is pivotal in navigating these new requirements, securing cost-effective solutions, and ensuring the organization is equipped to meet evolving energy needs.<\/p>\n\n                                                                        <\/div>\n                                <\/div>\n                            <\/div>\n                        <\/div>\n                                    <\/div>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/div>\n\n<h2><\/h2>\n<h2>Renewables: ensuring scale and managing variability<\/h2>\n<p>The shift towards renewable sources like wind energy and solar is essential to achieving global decarbonization goals. However, this sector faces a complex balancing act, including managing the intermittency of energy supply, integrating <strong>storage<\/strong> and <strong>grid technologies<\/strong>, supplementing this with reliable backup sources, and adapting to evolving policy frameworks to ensure both economic viability and grid stability.<\/p><\/div><\/div><\/div>\n<div is=\"tab-content\">\n    <div class=\"tabs responsive-tabs container is-style-horizontal_simple overflow-visible\">\n        <div class=\"row \">\n            <div class=\"col-12 navContainer\">\n                <ul class=\"nav nav-tabs-02\" role=\"tablist\">\n                                            <li class=\"nav-item\" role=\"presentation\">\n                                                        <button class=\"trigger-button active\" id=\"btn-tab-2-0\" data-bs-toggle=\"tab\" data-bs-target=\"#tab-2-0\" type=\"button\" role=\"tab\" aria-selected=\"true\">\n                                <span class=\"trigger-button-title\">Managing intermittency and storage<\/span>\n                            <\/button>\n                        <\/li>\n                                            <li class=\"nav-item\" role=\"presentation\">\n                                                        <button class=\"trigger-button\" id=\"btn-tab-2-1\" data-bs-toggle=\"tab\" data-bs-target=\"#tab-2-1\" type=\"button\" role=\"tab\" aria-selected=\"true\">\n                                <span class=\"trigger-button-title\">Backup sources<\/span>\n                            <\/button>\n                        <\/li>\n                                            <li class=\"nav-item\" role=\"presentation\">\n                                                        <button class=\"trigger-button\" id=\"btn-tab-2-2\" data-bs-toggle=\"tab\" data-bs-target=\"#tab-2-2\" type=\"button\" role=\"tab\" aria-selected=\"true\">\n                                <span class=\"trigger-button-title\">Navigating evolving policy frameworks<\/span>\n                            <\/button>\n                        <\/li>\n                                    <\/ul>\n            <\/div>\n            <div class=\"col-12\">\n                <div id=\"tab-2--tabContent\" class=\"tab-content tab-content-type-02\" role=\"tablist\">\n                                            <div class=\"tab-pane fade card show active\" id=\"tab-2-0\" role=\"tabpanel\" aria-labelledby=\"btn-tab-2-0\">\n                            <div class=\"card-header\" role=\"tab\" id=\"heading-tab-2-0\">\n                                <button class=\"trigger-button\" type=\"button\" data-bs-toggle=\"collapse\" data-bs-target=\"#collapse-tab-2-0\" aria-controls=\"collapse-tab-2-0\" aria-expanded=\"true\">\n                                                                        <span class=\"trigger-button-title\">Managing intermittency and storage<\/span>\n                                    <i class=\"icon icon-arrow-right\"><\/i>\n                                <\/button>\n                            <\/div>\n                            <div id=\"collapse-tab-2-0\" class=\"collapse show\" data-bs-parent=\"#tab-2--tabContent\" role=\"tabpanel\" aria-labelledby=\"heading-tab-2-0\">\n                                <div class=\"card-body\">\n                                    <div class=\"inner\">\n                                    \n                                                                            <div class=\"tabs backgroundTwo componentPadding\" is=\"block-tabs\">\n  <div class=\"container\">\n    \n    <div class=\"tabs-thumbs\">\n          <\/div>\n\n    <div class=\"tabs-slider swiper-container\" data-swiper>\n      <div class=\"swiper-wrapper\">\n              <\/div>\n    <\/div>\n  <\/div>\n<\/div>\n\n                                                                        <\/div>\n                                <\/div>\n                            <\/div>\n                        <\/div>\n                                            <div class=\"tab-pane fade card \" id=\"tab-2-1\" role=\"tabpanel\" aria-labelledby=\"btn-tab-2-1\">\n                            <div class=\"card-header\" role=\"tab\" id=\"heading-tab-2-1\">\n                                <button class=\"trigger-button\" type=\"button\" data-bs-toggle=\"collapse\" data-bs-target=\"#collapse-tab-2-1\" aria-controls=\"collapse-tab-2-1\" aria-expanded=\"false\">\n                                                                        <span class=\"trigger-button-title\">Backup sources<\/span>\n                                    <i class=\"icon icon-arrow-right\"><\/i>\n                                <\/button>\n                            <\/div>\n                            <div id=\"collapse-tab-2-1\" class=\"collapse\" data-bs-parent=\"#tab-2--tabContent\" role=\"tabpanel\" aria-labelledby=\"heading-tab-2-1\">\n                                <div class=\"card-body\">\n                                    <div class=\"inner\">\n                                    \n                                                                            <div class=\"tabs backgroundTwo componentPadding\" is=\"block-tabs\">\n  <div class=\"container\">\n    \n    <div class=\"tabs-thumbs\">\n          <\/div>\n\n    <div class=\"tabs-slider swiper-container\" data-swiper>\n      <div class=\"swiper-wrapper\">\n              <\/div>\n    <\/div>\n  <\/div>\n<\/div>\n\n                                                                        <\/div>\n                                <\/div>\n                            <\/div>\n                        <\/div>\n                                            <div class=\"tab-pane fade card \" id=\"tab-2-2\" role=\"tabpanel\" aria-labelledby=\"btn-tab-2-2\">\n                            <div class=\"card-header\" role=\"tab\" id=\"heading-tab-2-2\">\n                                <button class=\"trigger-button\" type=\"button\" data-bs-toggle=\"collapse\" data-bs-target=\"#collapse-tab-2-2\" aria-controls=\"collapse-tab-2-2\" aria-expanded=\"false\">\n                                                                        <span class=\"trigger-button-title\">Navigating evolving policy frameworks<\/span>\n                                    <i class=\"icon icon-arrow-right\"><\/i>\n                                <\/button>\n                            <\/div>\n                            <div id=\"collapse-tab-2-2\" class=\"collapse\" data-bs-parent=\"#tab-2--tabContent\" role=\"tabpanel\" aria-labelledby=\"heading-tab-2-2\">\n                                <div class=\"card-body\">\n                                    <div class=\"inner\">\n                                    \n                                                                            <div class=\"tabs backgroundTwo componentPadding\" is=\"block-tabs\">\n  <div class=\"container\">\n    \n    <div class=\"tabs-thumbs\">\n          <\/div>\n\n    <div class=\"tabs-slider swiper-container\" data-swiper>\n      <div class=\"swiper-wrapper\">\n              <\/div>\n    <\/div>\n  <\/div>\n<\/div>\n\n                                                                        <\/div>\n                                <\/div>\n                            <\/div>\n                        <\/div>\n                                    <\/div>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/div>\n\n<div class='container  py-3'><div class=\"row \"><div class=\"col-lg-12\"><p>&nbsp;<\/p>\n<h2>Transmission and distribution girds<\/h2>\n<p>As the energy transition accelerates, energy networks, particularly those managed by Transmission System Operators (TSOs), are under increased pressure to upgrade infrastructure. With the expansion of renewable energy sources and rising demand for <strong>electric vehicles (EVs)<\/strong>, grid operators face the challenge of not only expanding physical infrastructure but also enabling a <strong>digital transformation<\/strong> to manage these evolving requirements.<\/p>\n<p>&nbsp;<\/p>\n<div class=\"container  \" id=\"ac3\" is=\"accordion\">\n    <div class=\"row accordion\">\n        \n                    <div class=\"accordion col-12\">\n                <div class=\"accordion-header\" id=\"heading-ac3-0\" style=\"background-color:#004146;color:#ffffff;\">\n                    <button class=\"accordion-button collapsed lightBackground\" type=\"button\" data-bs-toggle=\"collapse\" data-bs-target=\"#collapse-ac3-0\" aria-controls=\"collapse-ac3-0\" aria-expanded=\"false\" style=\"background-color:#004146;color:#ffffff;\">\n                        <span class=\"accordion-button-label\">\n                             <span>Expanding and modernizing grid infrastructure<\/span>\n                        <\/span>\n                    <\/button>\n                <\/div>\n                <div id=\"collapse-ac3-0\" class=\"accordion-collapse collapse\" aria-labelledby=\"heading-ac3-0\" data-bs-parent=\"#ac3\">\n                    <div class=\"accordion-body\">\n                        <p>Integrating renewable energy and decentralized sources requires advanced <strong>balancing mechanisms<\/strong> to ensure grid stability. For procurement, this means sourcing <strong>smart grid technologies<\/strong> and infrastructure solutions that can handle variable energy flows from a range of large-scale, decentralized sources. By strategically engaging suppliers with proven capabilities in major grid projects, procurement ensures that investments in grid upgrades are scalable and adaptable to future demands.<\/p>\n\n                    <\/div>\n                <\/div>\n            <\/div>\n                    <div class=\"accordion col-12\">\n                <div class=\"accordion-header\" id=\"heading-ac3-1\" style=\"background-color:#004146;color:#ffffff;\">\n                    <button class=\"accordion-button collapsed lightBackground\" type=\"button\" data-bs-toggle=\"collapse\" data-bs-target=\"#collapse-ac3-1\" aria-controls=\"collapse-ac3-1\" aria-expanded=\"false\" style=\"background-color:#004146;color:#ffffff;\">\n                        <span class=\"accordion-button-label\">\n                             <span>Balancing decentralized generation with grid stability<\/span>\n                        <\/span>\n                    <\/button>\n                <\/div>\n                <div id=\"collapse-ac3-1\" class=\"accordion-collapse collapse\" aria-labelledby=\"heading-ac3-1\" data-bs-parent=\"#ac3\">\n                    <div class=\"accordion-body\">\n                        <p>With an increasing flow of decentralized renewable sources feeding into the grid, maintaining stability is an ongoing challenge. Procurement\u2019s role involves securing <strong>advanced control systems<\/strong> that enable real-time management of energy flows. By partnering with reliable technology providers, procurement helps ensure the grid remains stable, adaptable, and capable of efficient load balancing.<\/p>\n\n                    <\/div>\n                <\/div>\n            <\/div>\n                    <div class=\"accordion col-12\">\n                <div class=\"accordion-header\" id=\"heading-ac3-2\" style=\"background-color:#004146;color:#ffffff;\">\n                    <button class=\"accordion-button collapsed lightBackground\" type=\"button\" data-bs-toggle=\"collapse\" data-bs-target=\"#collapse-ac3-2\" aria-controls=\"collapse-ac3-2\" aria-expanded=\"false\" style=\"background-color:#004146;color:#ffffff;\">\n                        <span class=\"accordion-button-label\">\n                             <span>Managing supply chain risks for new and emerging technologies<\/span>\n                        <\/span>\n                    <\/button>\n                <\/div>\n                <div id=\"collapse-ac3-2\" class=\"accordion-collapse collapse\" aria-labelledby=\"heading-ac3-2\" data-bs-parent=\"#ac3\">\n                    <div class=\"accordion-body\">\n                        <p>Rapid advancements in <strong>grid automation<\/strong> and energy storage present substantial potential but often come with supply chain risks, as many technologies are not yet fully industrialized. Procurement teams need to rigorously assess suppliers for scalability, reliability, and compliance with operational and regulatory standards. Early procurement involvement is essential to secure dependable, cost-effective solutions and mitigate risks associated with implementation.<\/p>\n\n                    <\/div>\n                <\/div>\n            <\/div>\n            <\/div>\n<\/div>\n\n\n\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h2>Strategic procurement: a catalyst for the energy transition<\/h2><\/div><\/div><div class=\"row \"><div class=\"col-lg-6\"><p>The energy industry\u2019s challenges are both profound and interconnected, requiring an approach to <strong>procurement<\/strong> that is <strong>proactive<\/strong>, <strong>strategic<\/strong>, and aligned with long-term business objectives. Whether maintaining and optimizing legacy infrastructure, preparing for future energy requirements, or driving a green transition, procurement plays a pivotal role in making value-based technology decisions, fostering strong supplier relationships, and ensuring cost-efficient, risk-managed solutions.<\/p>\n<p>Early procurement involvement is essential to create a cohesive connection between suppliers, business units, and procurement teams, allowing for collaboration that maximizes both innovation and operational resilience. Without this alignment, organizations risk missed opportunities,<\/div><div class=\"col-lg-6\">escalating costs, and delayed projects\u2014ultimately impacting their ability to meet evolving industry and customer demands.<\/p>\n<p>KGM Strategy partners with energy companies to bridge these gaps through <strong>tailored<\/strong> <strong>procurement<\/strong> <strong>strategies<\/strong> that address each client\u2019s unique focus\u2014whether it\u2019s enhancing existing assets, navigating regulatory challenges, or integrating new technologies. Our expertise helps clients build resilient supply chains, drive cost-efficiency, and future-proof their operations against a rapidly changing energy landscape.<\/p>\n<p class=\"fade-in-from-left\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-107511\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2024\/12\/energy-159105_640.png\" alt=\"\" width=\"250\" height=\"236\" \/><\/p>\n<p>KGM Strategy empowers clients to achieve their strategic objectives, ensuring they are agile, competitive, and ready for the future.<\/p><\/div><\/div><\/div>\n<div class='container  py-3'><div class=\"row \"><div class=\"col-lg-12\"><h2>Discover our insights on the energy sector<\/h2>\n<h2><\/h2>\n    <section class=\"module-post-tiles\" data-module-id=\"107437\" data-modul-type=\"animated-numbers\">\n        <div class=\"container overflow-visible\">\n            \n            <div class=\"row\">\n                                                        <div class=\"overflow-hidden col-12 col-sm-6 col-xl-4\">\n                                                                    <a href=\"https:\/\/www.linkedin.com\/pulse\/optimizing-value-chain-energy-infrastructure-supply-demirelli-pdkkc\/\" class=\"fixed-post-tile\">\n                                                    <figure class=\"fixed-post-tile-image\">\n                                                                    <img decoding=\"async\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2024\/12\/Energy-pulse.png\" loading=\"lazy\" width=\"417\" height=\"417\" alt=\"\" class=\"img-fluid tile-image object-fit\" \/>\n                                                            <\/figure>\n                            <div class=\"fixed-post-tile-content\">\n                                <p class=\"h3\">\n                                                                        <span class=\"fixed-post-tile-content-category\">\n                                                                                    Article\n                                                                            <\/span>\n                                    \n                                    <span class=\"d-none d-lg-block d-xl-none\">Optimizing the value chain in energy infrastructure - Strategi...<\/span>\n                                    <span class=\"d-lg-none d-xl-block\">Optimizing the value chain in energy infrastructure - Strategi...<\/span>\n                                <\/p>\n                                                                <button type=\"button\" class=\"btn btn-tertiary\">\n                                    Read more\n                                <\/button>\n                                                            <\/div>\n                                                <\/a>\n                                            <\/div>\n                                                        <div class=\"overflow-hidden col-12 col-sm-6 col-xl-4\">\n                                                                    <a href=\"https:\/\/www.KGM Strategy.com\/en\/insights\/navigating-the-power-cable-supply-crunch\/\" class=\"fixed-post-tile\">\n                                                    <figure class=\"fixed-post-tile-image\">\n                                                                    <img decoding=\"async\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2024\/02\/cable-supply-crunch-header-456x630.png\" loading=\"lazy\" width=\"2000\" height=\"2000\" alt=\"\" class=\"img-fluid tile-image object-fit\" \/>\n                                                            <\/figure>\n                            <div class=\"fixed-post-tile-content\">\n                                <p class=\"h3\">\n                                                                        <span class=\"fixed-post-tile-content-category\">\n                                                                                    Article\n                                                                            <\/span>\n                                    \n                                    <span class=\"d-none d-lg-block d-xl-none\">Navigating the power cable supply crunch: A resilience framewo...<\/span>\n                                    <span class=\"d-lg-none d-xl-block\">Navigating the power cable supply crunch: A resilience framewo...<\/span>\n                                <\/p>\n                                                                <button type=\"button\" class=\"btn btn-tertiary\">\n                                    Read more\n                                <\/button>\n                                                            <\/div>\n                                                <\/a>\n                                            <\/div>\n                            <\/div>\n                                    <\/div>\n    <\/section>\n\n<h2><\/h2>\n<h2>Get to know our experts<\/h2>\n<div class=\"bp-module-info-wrapper\">\n\n    <div class=\"container authors-section fadeIn \" is=\"authors-and-partners\">\n        <div class=\"description row\">\n            <h2>\n                                                            Authors\n                                                <\/h2>\n        <\/div>\n\n        <div class=\"row\">\n                            <div class=\"mb-5 col-md-6 mb-md-0\">\n                    <div class=\"author\">\n                                                    <figure>\n                                <img loading=\"lazy\" decoding=\"async\" width=\"250\" height=\"250\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2021\/08\/MD_Stefan-Benett_350x440px_neu-250x250.png\" class=\"img-fluid\" alt=\"\" srcset=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2021\/08\/MD_Stefan-Benett_350x440px_neu-250x250.png 250w, https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2021\/08\/MD_Stefan-Benett_350x440px_neu-75x75.png 75w\" sizes=\"auto, (max-width: 250px) 100vw, 250px\" \/>\n                            <\/figure>\n                        \n                        <h3>Stefan Benett<\/h3>\n                        <p class=\"person-position\">Managing Director <\/p>\n                                                    <div class=\"short-desc\"><p>is a Managing Director at KGM Strategy based in the Munich office with more than 20 years of professional experience in Procurement and Operational Excellence. As an expert in procurement transformation, he develops future-oriented procurement strategies and delivers results for Industrial, Technology and Energy companies.<\/p>\n<\/div>\n                                                <div class=\"contact-information\">\n                                                                                                <a href=\"mailto:contact@kgmstrategy.com\" class=\"mail-link\">contact@kgmstrategy.com<\/a>\n                                                                                                                                                <\/div>\n                                                    <a href=\"https:\/\/www.KGM Strategy.com\/en\/insights\/meeting-the-energy-industrys-challenges-with-strategic-procurement\/\" class=\"btn btn-outline-secondary text-terciary\">Contact<\/a>\n                                            <\/div>\n                <\/div>\n                            <div class=\"mb-5 col-md-6 mb-md-0\">\n                    <div class=\"author\">\n                                                    <figure>\n                                <img loading=\"lazy\" decoding=\"async\" width=\"250\" height=\"250\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2023\/07\/Joshua-Fenlon-website-250x250.png\" class=\"img-fluid\" alt=\"\" srcset=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2023\/07\/Joshua-Fenlon-website-250x250.png 250w, https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2023\/07\/Joshua-Fenlon-website-75x75.png 75w\" sizes=\"auto, (max-width: 250px) 100vw, 250px\" \/>\n                            <\/figure>\n                        \n                        <h3>Joshua Fenlon<\/h3>\n                        <p class=\"person-position\">Principal<\/p>\n                                                    <div class=\"short-desc\"><\/div>\n                                                <div class=\"contact-information\">\n                                                                                                <a href=\"mailto:contact@kgmstrategy.com\" class=\"mail-link\">contact@kgmstrategy.com<\/a>\n                                                                                                                                                <\/div>\n                                                    <a href=\"https:\/\/www.KGM Strategy.com\/en\/insights\/meeting-the-energy-industrys-challenges-with-strategic-procurement\/\" class=\"btn btn-outline-secondary text-terciary\">Contact<\/a>\n                                            <\/div>\n                <\/div>\n                    <\/div>\n    <\/div>\n\n<\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Amid the energy transition, strategic procurement tackles sector-specific challenges, from aging infrastructure to renewable intermittency, driving cost efficiency and supply chain resilience.<\/p>\n","protected":false},"author":10,"featured_media":107443,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"Amid the energy transition, strategic procurement tackles sector-specific challenges, from aging infrastructure to renewable intermittency, driving cost efficiency and supply chain resilience.","_seopress_robots_index":"","footnotes":""},"categories":[700,709,723,883,714,735,718],"tags":[],"class_list":["post-107430","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-article","category-decarbonisation","category-energy-networks-transition","category-hydrocarbon-focused-energy","category-procurrement-transformation","category-renewable-energies","category-sustainable-procurement"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.KGM 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