Re-negotiate and manage efficient supply contracts that increase revenue and expand margins
On several occasions over the past few years, the global economy seemed to be taking off on a strong growth path, only to slow once again due to an unforeseen constraint. The recent slowdown in heavy industries has reduced demand for basic chemicals, and prompted the need for Sales and Marketing professionals to further diversify portfolios. At IHS Markit we know that having a strong, balanced portfolio mix, both geographically and product wise, is crucial in any risk management strategy, and we understand your need to successfully drive your selling, contracting and budget decisions with accurate pricing, production, and future demand estimates for raw materials.
What IHS Markit can do for you:
- Identify ‘whitespace’ opportunities and locate targets with credible data for companies, products and manufacturing sites, with chemicals listed on a plant-by-plant basis. Validate probability of acquiring prospects based on chemical production capacities and forecasts, alongside supply/demand drivers to quantify demand for your product
- Minimize exposure to risk and margin loss with access to industry leading experts to validate your sales decisions – when to sell, how much, to whom and at what price
- Achieve efficient contract settlement mechanisms with key customers using credible industry data, forecasts, and market intelligence