Agriculture Markets Analysis & Forecasts

A global insurance industry leader brought efficiency to risk selection by standardizing with one information provider across all underwriting decisions. This firm thereby reduced research costs by 20%, established a ‘center of excellence’ internally and fueled growth by gaining insights to write risk in areas where others held back.

This premier aircraft manufacturer produced Flying on Demand, Global Market Forecast 2014-2033, a reference book that provides comprehensive economic, financial and political coverage of 200-plus countries. Stakeholders throughout the commercial airline industry rely on the book’s insights regarding product innovation, production and planning.

When a global agriculture company standardized on one source of market intelligence for purchasing, it surpassed a goal of $500 million in savings by almost 35%. Savings included $9 million from a supplier that was 50% less expensive and $11 million from integrating logistics with procurement, as well as gains from a hedging strategy to manage fluctuating prices.

One of the world’s largest privately owned food/agribusiness companies delivered millions of dollars in value over 4 years through enhanced global sourcing. Its strategic sourcing team used market intelligence to manage price volatility for both the company and its suppliers so they can deliver greater value to customers.

A top manufacturer of medical supplies reduced commodity costs by millions of dollars within 18-20 months and enabled its team to negotiate better rates – e.g., pushing back on 6 commodity cost increases in 8 months due to more accurate pricing data. Enabling tighter forecasts and improving workflows helps the company serve consumers more effectively.