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Spotlight – Savings and Flexibility for International Auto Parts Manufacturer

5
1 min read
The front of car inside of an automobile manufacturing facility

Topics: Resiliency

Services: Procurement & Risk Management

Industries: All industries

international auto parts manufacturer

5’s client in Mexico provides customers around the world with automatic transmissions, the brain of automobiles. As a manufacturer of Continuously Variable Transmissions (CVT, hybrids) for automobiles, the client offers ecological products that maximize vehicle performance.

When the client attempted to run an RFP for electricity in the qualified supply market, they quickly realized that the complexity of the market warranted the help of a multidisciplinary expert and engaged the team from 5. During the procurement process, the two companies worked together to navigate a few regulatory changes and the client felt supported and relieved to have 5 on their side. Ultimately the client locked in a very competitive fixed-rate contract that provides the necessary flexibility for potential usage variations.

5

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Founded in 2011, 5 comprises a team of energy innovators, commodity traders, analysts, engineers, and former energy supplier executives. Together, they serve a broad array of private and public sector clients throughout the United States and Mexico, providing strategic advice on energy-related matters including procurement, demand-side management, rate optimization, regulatory intervention, benchmarking, bill auditing, RFP management, sustainability planning services, renewable power, and distributed generation. With an eye on growth, 5 has initiated a number of strategic partnerships and acquisitions, including the 2019 acquisition of Luthin Associates. 5 has been named to the Inc. 5000 list of fastest-growing companies in the U.S. for five consecutive years. The firm has also received numerous accolades and national awards for its corporate culture, leadership and innovation, including 5 consecutive years as a top 10 Best Company to Work for in Texas according to Texas Monthly Magazine.
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