In 2014, Krispy Kreme chose EIC to help them achieve a better deal on their electricity and gas contracts.
With a sizeable consumption across 51 sites, it was advised that Krispy Kreme take advantage of the EIC group purchasing solution, Portfolio.
Portfolio is a fully Risk Managed procurement option that gives access to a flexible contract providing greater protection from market volatility and improved long-term prices.
“We have been delighted by the effectiveness of the Portfolio procurement contract and the results achieved in such a short space of time. The innovation of the product along with the expertise of the team managing it, makes for a winning combination. The support of our Account Managers has also been superb. They have saved us the hassle and time associated with our energy procurement and with impressive results.
I feel confident that our procurement is in safe hands and would recommend EIC to others.”
saved on electricity
saved on gas
The EIC Portfolio is unique as it provides each client with an individual strategy based on their own specific requirements. As a client in a flexible contract, Krispy Kreme worked with the EIC team to agree a Risk Management Policy before trading began. This allowed the Risk Management team to trade in-line with expectations and a pre-agreed strategy.
The Portfolio also allows you to change strategy throughout the duration of the contract, adapting your approach based on changing business requirements or market conditions. Each Portfolio is sought and negotiated by a team of experts to ensure our clients receive the most competitive contract around.
Our team of Risk Management Consultants then monitor the market closely to identify the right time to buy energy so that savings can be made and locked in. Along with Portfolio procurement, EIC also provides a Bill Validation service to Krispy Kreme, checking each bill and liaising with suppliers for a rebate should any variances be found. Our Water team has also carried out a Water Audit identifying potential savings of £1,750 per year at selected sites, whilst our Carbon team is helping the business fulfil their ESOS obligations.
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