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Grocery Store Chain Gains Control Over Energy Budgets

Case Study /

Grocery Store Chain Gains Control Over Energy Budgets

The client reduced their risk of exposure in volatile energy markets.

OVERVIEW:
The client, a public grocery store chain with 150+ locations, had little control and oversight into their energy budgets. The corporate tolerance for risk was misaligned with their energy procurement strategy. When the market became volatile, the grocery store chain was exposed and over budget.

SOLUTION:
The client wanted a solution that allowed them to fully understand their risk exposure and the budgetary implications. Stark Intelligence designed a purchasing strategy that aligned corporate goals with their energy procurement strategy.

RESULTS:
ControlFreak provides accurate cost projections. Therefore, the client gained control over their energy budget, cash management process and improved their asset utilization. This client also benefits from Stark’s Commodity Advisors, who consult on upcoming market changes and support procurement strategy implementation.

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