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Commodity Coverage – Paper & Packaging

Arm yourself with the cost outlook for packaging inputs across paper, glass and plastic.

What if you had a strategic partner to help you reduce spend by up to 10%?

With the Pricing & Purchasing team at IHS Markit on your side, you get accurate price outlooks for all types of packaging as well as key input costs, including pulp, chemicals and glass. For more than 40 years, our team has assisted the purchasing community with critical data, expert insight and proven forecasting models on the world’s paper and packaging markets and the key factors that drive them. Find in-depth market analyses of prices, costs, demand, productivity and margins to support your buying decisions worldwide.

Procurement officers, strategic planners and cost estimators leverage this service to:
  • Obtain more accurate price estimates than broad inflation rates or historical trends
  • Monitor prices and pinpoint the best times to make key purchases
  • Evaluate supplier price quotes based on input costs and supplier margins
  • Negotiate contract escalation clauses
  • Track prices to evaluate purchasing performance
  • Prepare budgets and financial reviews based on accurate price forecasts
IHS Director of Supply Chain Solutions, Katie Tamblin, discusses how to use cost analysis to achieve savings

What lies ahead in 2017 and beyond for the global maritime industry?
From signals of retrenchment, to renaissance, to realism.

View and hear from our industry expert Richard Clayton, chief correspondent, Maritime & Trade, IHS Markit, on the 2017 outlook for the dry bulk, container, offshore and tanker segments, with important implications for brokers, insurers, agents and those in the service sector.

What’s Included

Industry Analysis

Weekly Pricing Pulse – A snapshot of headline price indexes and historic price movements for key industrial materials indexes

Monthly Commodity Price Watch – Latest price pressures and factors driving key costs – energy, metals, chemicals prices, includes:

  • PowerPoint market trend analysis
  • Spreadsheet tables – Downloadable to Excel

Market Insights – Regular analysis of the pricing environment by sector and region, includes:

  • Segmented reviews of prices, supply and demand by industry and geography
  • Sourcing guidance on timing major commodity buys
  • Dynamic tables outlining market conditions – economic outlooks as well as market drivers
  • Analyst access to discuss latest market dynamics and price implications
Cost Analyzer

The Cost Analyzer – An online tool for performing customized cost analysis for a single buy or for your entire supply chain. With access to thousands of global prices and wages, you can:

  • Analyze specific material buys
  • Build composite cost indexes
  • Perform margin analysis on supplier industries
  • Check the competitiveness of a supplier's price
  • Create and save customized business-unit or product-line reports, automatically updated with each new forecast
  • Analyze cost breakdowns for 140+ alloys and specialty steels
IHS Markit Connect®

Discover the power of CONNECT:

  • Customize the landing page to display relevant market reports, saved items and the most recent industry analysis
  • Easily navigate market reports, industry analysis and publications to find the insights you need quickly
  • Leverage Cost Analyzer to search, select, and manipulate data across forecast and historical price series, production cost models and alloy cost models
  • Review the latest prices in our Material Price Table
  • Access in one click your saved workbooks, dashboards and charts
  • Enhance analysis through improved search, dynamic charting, easily accessible data
Forecast Horizon and Updates

Industry Success Stories

Monsanto’s Procurement Team Saves $680 Million in Costs and Mitigates Supply Risks to Maximize Value to Farmers

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.

Learn more about our client's successes

Cargill Strategic Sourcing Delivers on Customer Value with Actionable Market Intelligence

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.

Learn more about our client's successes

Cardinal Health Strengthens Commodity Price Forecasting to Reduce Operating Risks, Increase Cost-Effectiveness

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.

Learn more about our client's successes

Resources

Commodity Coverage Map

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