EIC NewsAs the UK's leading energy consultancy, EIC has offered the highest levels of expertise and assistance to a client base of industrial, commercial and public sector organisations for over 30 years and has developed a reputation built on expert analysis of the energy market. With a portfolio of over 1,200 clients, including 40% of the FTSE 100, EIC offers a range of energy related services from contract negotiation and risk management to invoice validation and carbon management.
In working with Armitage Pet Products, EIC has added real value by advising on the timing of electricity and gas supply contract negotiations, fully managing the fixed contract renewal process from start to finish. Upon joining EIC, Armitage were appointed a dedicated Account Manager. Each Account Manager is committed to a small group of clients to ensure excellent customer care and regular communication. The Account Management team are very proactive and are in contact with clients all year round and have been able to assist with all Armitage's energy needs from reviewing supplier terms and conditions to offering advice on potentially costly 'Take or Pay' provisions.
Renowned for their Market Intelligence service, EIC offer a variety of energy reviews. Armitage receive daily, weekly and monthly reviews via email, helping their procurement team understand key market drivers and giving them the power to make informed purchasing decisions.
Armitage also benefit from bespoke weekly Price Trackers. These reports, sent up to twelve months in advance of a supply contract renewal date, enable Armitage to identify prime opportunity points to fix prices. They have proved an invaluable budgeting tool for planning future energy costs and presenting 'what if...?' scenarios.
After the tendering process is complete, EIC ensures that all sites and meters are registered correctly and manages any queries with energy suppliers, providing the procurement team at Armitage with peace of mind and time to focus on the purchasing of other key commodities.
Armitage have also seen the value of the EIC energy management reporting service, Knowledge Manager. These reports provide an invaluable monitoring and targeting solution that Armitage use to assess their energy strategy and to understand their consumption patterns. Reports covering Power and Load Factor, ASC levels and Maximum Demand are analysed for anomalies and potential savings.
The EIC team of experts help guide clients through the challenging and volatile energy markets, forming an integral part of the client's energy management team. Working closely with Armitage Pet Products, EIC will continue to build on our already strong relationship, offering unparalleled advice in energy purchasing and management.
"We appointed EIC and they quickly assigned an Account Manager to support us with our upcoming renewals. After the contracts were secured they offered assistance in other areas and immediately started the process of tracking our next renewals which has helped us budget for future energy costs."
Paul McCartin
Group Supply Chain & Operations Manager