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Manage Spend
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"It's challenging to manage resources across hundreds or thousands of facilities. Our expenses are out of control, but I don’t know where to start."
energy, water, waste and telecom
Managing resources sustainably – such as
– not only makes good financial sense, it is demanded by customers, employees and investors. Wherever your business is today and wants to go in the future, follow the path below to learn how you can be successful at each step in the journey.
The Sustainable Resource Management Journey
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The right Energy Supply Management advisor can provide you with in-depth market analytics and reporting to help you implement the best strategies for energy resource and energy risk management, resulting in both lower expenses and better price certainty. Gain confidence that you have the right products at the optimal rate to meet business needs.
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The right expense & data management solutions will help aggregate your bill processing and analysis, service management, and budget and accruals across the spectrum of complex payables. Reduce costs, improve on-time payments and manage risk while capturing accurate usage data for future planning and success.
On-Demand Webinar: How to Reduce Energy Spending AND Drive Long Term Impact
Energy Supply Management
Expense & Data Management
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Multi-site businesses must first tame their bills each month, which have unstructured formats, varying levels of detail, diverse schedules and rates, and disparate payment requirements. The right expense and data management solutions can enable an average ROI of 390%, and energy supply management can minimize costs and manage budget risk while building a data-driven foundation for future sustainable resource success.
Managing telecom accounts at 4,800 locations and conducting a line inventory.
Identifying facility upgrades and reporting on their effectiveness.
Identifying energy supply opportunities in several deregulated markets to positively impact energy spend.
Transitioning more than 12,000 utility accounts within 90 days to collect site and usage data.
Delivered annual utility savings of $734,000 the first year while reducing energy use in facilities by 30%, and saved $420,000 through telecom bill audits and $250,000 after canceling redundant telecom lines.
Results
GameStop sought a partner to assist with data management and cost savings that would offer a solution to collect, analyze and store utility invoice data for its 6,000+ locations. ENGIE Insight delivered holistic Expense & Data Management and Energy Supply Management solutions.
Key initiatives included:
Solution
GameStop experienced the challenge of rapid expansion, opening 210 new video game stores within three months. Rising energy and telecom costs demanded proactive management.
Situation
GameStop’s Winning Strategy to Manage Energy & Telecom Spend
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Move towards project implementation with the right energy, waste and water auditing services and gain stakeholder buy-in with confidence. Post-implementation, ensure you have maximized your rebates for projects, lowering overall cost and improving ROI.
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The right Energy Analytics tools enable companies to see where opportunities exist by analyzing building, regional or portfolio-level usage and cost data alongside other relevant business-specific and external drivers. Companies can deepen their understanding of current performance and how to improve it.
eBook: Five Key Considerations for Integrating Renewables into Your Procurement Strategy
Efficiency & DER Projects
Energy Analytics
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Identifying which sites are spending or consuming the most around energy, water, waste and telecom – using the most accurate and normalized data and analytics – helps prioritize your efficiency projects and realize the greatest ROI.
Waste audits to assess container sizes, contents, and schedules and identify best practices to reduce waste costs.
Energy and water conservation measures and equipment upgrades to achieve reliable savings and meet ROI targets.
Monthly internal newsletter with SEM progress updates & best practice tips to drive employee behavioral change.
Reduced electric usage by 9%, natural gas by 24% and water by 41%.
Results
Deployment of a holistic strategic energy management (SEM) approach. Shari’s SEM relies on ENGIE Insight’s Portfolio Benchmarking Report and regular audits to provide accurate and actionable data needed for developing baselines, allocating resources effectively, identifying opportunities, and tracking progress.
Several key initiatives include:
Solution
Shari’s Cafe’ & Pies has nearly 100 locations operating 24 hours a day. With utility costs as their 3 largest controllable expense – Shari’s conserving energy and water is a top priority.
Situation
Shari’s Consumes Less & Saves More
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With the right implementation partner, businesses are supported in identifying and completing projects that are best aligned with business goals, from a simple efficiency improvement project to a larger distributed energy resource project, such as solar and storage.
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A trusted advisor can deliver resources and expertise to help design, implement, optimize and measure sustainability programs across energy, water, waste and carbon. No matter where your business is on its energy journey, these long-term efforts will help reduce resource consumption, enhance brands, and mitigate risk.
Developing a plan to ensure sustainability became a norm of culture and operating procedures.
Conducting energy and water audits to identify low-cost and capital investment opportunities.
Assessing current energy management effort to identify real and perceived barriers.
Conducting stakeholder interviews to identify opportunities that benefit all parties.
Planning identified over $5.5 million in potential annual savings for its energy program, while prioritizing infrastructure investments generated an internal Rate of Return of ~97%.
Results
Several key initiatives included:
Solution
Faced with rising energy costs, Arby’s knew it needed to devote attention to a holistic, long-term comprehensive sustainability plan. With ENGIE Insight as a guide, Arby’s worked to make energy management a part of the company’s business culture at all levels, from the CEO to the restaurant cashiers.
Situation
How Arby’s Comprehensive Planning Generated $5.5M Savings Potential
Blog Post: Are Businesses Serious About Sustainability? Top Companies Are Driving the Change
Energy & Sustainability Implementation
Energy & Sustainability Planning
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The estimated risk to business value due to sustainability challenges could be as high as 70% of EBITDA. Be ready to respond to pressure from your business stakeholders by designing, implementing and reporting on your sustainability efforts. With the right trusted advisor on board you’ll gain greater insight into current consumption trends to develop a long-term strategy.
– Amanda Whitley, GameStop
See how GameStop controlled expenses.
– Amanda Whitley, GameStop
"You don’t need a lot of experience to get great results. But good data is a gateway to action, taking your idea from a Post-It note to proposal."
%
17
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Are you paying
what you should be?
17% of bills have an issue that
requires investigation.
Manage
Spend
– Jodenne Scott, Shari’s Café & Pies
See how Shari’s reduced usage.
"We embarked on our strategic energy management plan back in 2008 with setting aggressive goals to reduce our energy use by 20% by 2020."
%
18
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Do you know which of your facilities are the most inefficient?
Energy efficiency can reduce building energy consumption by an average
of 18%, and even more in the
worst-performing sites.
Reduce
Usage
– George Condos, Arby's Restaurant
See how Arby’s extended resources
"Our strategy was clearly articulated, and gave visibility to empower team members all the way down to the restaurants, where the general manager has the ability to improve his/her store profitability."
2/3
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Are you developing a robust, long-term energy and sustainability strategy?
2/3 of companies globally have greenhouse gas management initiatives.
Extend
Resources
Wow, $29M cumulative savings with an integrated approach! I’m inspired to take the next step on my journey.
$29 million in cumulative savings
Savings ($M)
2016
2015
2014
2013
Other Cost Avoidance
Direct Bill Savings
Water
Natural gas
Energy
2012
$10
$9
$8
$7
$6
$5
$4
$3
$2
$1
$0
A 3,200-site quick serve restaurant realized
through an integrated approach to energy and sustainability management.
One Client’s Results
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"Your Guide to Identifying Savings, Measuring
Consumption and Driving Long-Term Impact"
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© ENGIE Insight Services Inc. 2019 All Rights Reserved
Leading customers, including 25 percent of the Fortune 500, turn to ENGIE Insight to drive their sustainable resource management initiatives forward.
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