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Contract Management

Manage the entire contract management life cycle process from initiation to negotiation to contract renewal.

We offer contract life cycle management as part of our strategic sourcing initiatives as it is critical to confirming what's been agreed to in the sourcing process. Going well beyond contract initiation and negotiation, we ensure that the execution of the contracted agreement takes into account price fluctuations, supplier cost models, market movement and opportunities such as volume discounts and early settlement. In addition, we will monitor supplier performance over time.

We support the entire Contract Life Cycle management process:

  • Contract development and review
  • Contract initiation and negotiation
  • Contract awards and execution
  • On-going compliance and price monitoring
  • Pro-active cost analysis and forecasting to ensure market alignment
  • Re-negotiation and renewals
  • Supplier performance management

We leverage:

  • 1,500+ datasets or research/information products.
  • We have 200+ economists,
  • 5000+ information & industry experts producing
  • 600+ insights daily.
  • 3,000+ commodity prices and labor rates forecasts
  • 500,000 Historic price data

Build an intelligent supply chain with our holistic solution

Experts

John Anton

Mr. Anton has expertise in the ferrous metals industry, he is responsible for evaluating the outlook for steel. He also specializes in forecasting commodities and works closely with the Automotive, Construction, Energy and Economics teams at IHS Markit. Steel demand is linked to outlooks from these key sectors. In turn, the profitability of these sectors can rise or fall depending on the price and availability of steel.Prior to joining IHS Markit, now IHS Markit, in 1995, he was in the private practice of law as well as an economist and statistician for the United States Department of Labor in the Bureau of Labor Statistics (BLS). Mr. John Anton received a Bachelor of Science in Economics from Florida State University, US, and a Juris Doctor from the Marshall-Wythe School of Law at the College of William and Mary, US.

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John Mothersole

As director of research, Mr. Mothersole sets and executes research priorities to identify potential supply chain risks and opportunities. His other duties include providing inflation analysis for the US Economic Forecasting Service, World Industry Service and the metal price forecasts within the Global Link Model at IHS Markit. He is directly responsible for nonferrous metal forecasts. He has more than 30 years of experience in price analysis and price forecasting. A member of the National Association of Business Economists (NABE), Mr. Mothersole holds a Bachelor of Arts and Master of Arts in Economics, both from the University of Maryland, US.

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Laura Hodges

Ms. Hodges is responsible for the management and operations of the Pricing and Purchasing Research team. Ms. Hodges has managed several projects on global cost analysis, including projects in Asia and South America, where the objective was to recommend the most cost-effective and efficient action in the procurement of key materials and services. She has spoken extensively on the topic of procurement pricing strategies and the global cost environment, including a presentation at the Institute of Supply Management titled, "Has China Lost Its Low-Cost Edge?" She has made presentations on the "Economic Risks to Consider Before Bidding Your Next Contract," and "Understanding and Estimating the Skilled Labor Shortage," at a conference of the Association for the Advancement of Cost Engineering. Ms. Laura Hodges holds a Bachelor of Arts in Economics from the George Washington University, U.S., and a Master of Arts in Health and Labor Economics from Duke University, U.S. She also earned an MBA from Rutgers University, Beijing, China.

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Emily Crowley

An expert in North American labor markets and a specialist in labor supply, demand and wage escalation, Ms. Crowley is a key contributor to the semi-annual Global Manufacturing and Global Construction Compensation reports and to ongoing research of labor markets on the US Gulf Coast and Western Canada. Her research provides an analytical framework to compare labor cost and escalation on a global basis. Ms. Emily Crowley received her Masters of Science in Applied Economics from the Johns Hopkins University where she focused in quantitative methods.

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Sophie Malin

In addition to forecasting and analyzing labor markets she also produces compensation reports and is a contributing author to the quarterly labor cost articles. Prior to joining IHS Markit, Sophie worked as a consultant for an insurance technology provider, Intellect SEEC.She received a BSc degree in Economics from the University of Swansea with a year abroad studying business, law and economics at the University.

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KC Chang, B.com, MA, MS

His expertise resides in the commodity sector, where he is responsible for the nonferrous and precious metals forecasts including platinum and palladium. His latest research focuses on supply chain risks and opportunities for minor metals such as cobalt, lithium and rare earth elements used in the growing electric vehicle industry. In the past, KC worked on several projects focused on global cost analysis for clients in the energy and mining sector. These projects helped clients estimate capital costs and develop cost-effective procurement solutions for key materials and services. In addition to his work with clients, KC provides commodity market commentary to various news organizations including Bloomberg, Reuters, National Public Radio, Kitco Metals, Metal Bulletin and the American Metal Market.Mr. Chang received his M.A. in economics and his M.S. in statistics from the George Washington University. He also received his B.com in finance and mathematics from McGill University.

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Amanda Eglinton

Ms. Eglinton provides price forecasts and market intelligence to enable smarter purchasing decisions and supply chain cost savings for buyers of steel pipe, stainless steel, nickel and other ferroalloys. She also participates in IHS Markit consulting projects as a steel subject matter expert. Prior to joining the Pricing and Purchasing team, Ms. Eglinton was responsible for providing market intelligence on the supply and demand of onshore pipelay contractors and line pipe as part of the IHS Markit Energy Cost and Technology group. She also has experience working as a research analyst for the Emission Reduction Credit (ERC) trading desk at Element Markets, a leading renewable energy company. Ms. Eglinton holds a masters of arts in applied economics from the University of Houston, and a bachelor of science in finance and economics from Saint Louis University.

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John Bauman

He regularly interacts with clients regarding the outlook about equipment and services in the high tech sector. He is responsible for forecasting prices for high-tech equipment and services. In addition, he helps manage and maintain the group's forecasting model. He joined Global Insight, now IHS Markit, in 2003. Prior to that time, he was a statistical methodologist for a pharmaceutical marketing research firm. Mr. John Bauman earned a Master of Arts in Economics from Duke University, Durham, North Carolina, US, and a Bachelor of Arts in History from La Salle University, Philadelphia, Pennsylvania, US.

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Michael Dall

He is responsible for the coverage of chemicals and plastic prices across Europe with an emphasis on forecasting. He also manages the relationship with several of the team's largest EMEA clients. Between 2013 and 2018 he was the lead economist at market analysts Barbour ABI, responsible for providing detailed coverage of the UK economy with specific focus on the construction sector. Before this he worked at GVA as an economist covering the residential and commercial property markets. Dall holds an undergraduate degree in Business Economics and a Master of Science in Economics from the University of Strathclyde.

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Deni Koenhemsi

Ms. Koenhemsi's previous areas of industry focus include healthcare, professional services and consumer goods. Prior to joining the company, she worked as a country risk economist at AIG and as a research assistant at the Center for Strategic and International Studies focused on Turkish economy and politics. Ms. Deni Koenhemsi received a Bachelor of Arts in International Studies from the University of Richmond, US, and a Master of Arts in International Economic Relations from American University, Washington, D.C., US.

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