gategroup is the leading global airline catering, retail onboard and equipment solutions provider with the largest global network in the airline industry, serving more than 700 million passengers annually. gategroup requested Kinect Energy Group, a World Fuel Services division with significant business within the airline industry, to provide a competitive solution for fuel and energy management, inclusive of procurement, portfolio management, cost and consumption reporting, bill validation, budget support and market intelligence.
To begin the process, Kinect Energy conducted a Risk Strategy workshop to ascertain the risk level for various stakeholders in gategroup’s organization.
gategroup and Kinect Energy Group executed a global agreement managing the procurement of gas, electricity and land fuel. The contract includes full reporting of the energy costs and consumption through the Kinect Online portal, which gives fully transparent reports and easy accessible data. Information is collated at invoice and meter level and aggregated to match business structures. In addition, the Kinect Online provides market and commodity price information for constant benchmarking and monitoring.