What's the Solution to the Transformer Price Problem?

摘要

There are a number of initiatives that utilities are taking to better manage in such a sourcing environment. Equipment, material and labor markets important to utilities have become complex quickly. One utility senior management team pointedly remarked to us on how much time they have spent over the years on coal and natural gas markets, and now carbon and climate change issues, but almost no time on steel, equipment, or construction contractor markets and issues. Many utilities are trying to build market intelligence capabilities in a number of ways: through internal staff development, increased supplier interaction, or use of third-party information. Utilities must know much more about their suppliers. For example, utilities must use information on global cost reduction initiatives that transformer manufacturers are implementing in their own manufacturing, sourcing and administrative areas to improve utility sourcing results.