Achieve cost savings. Master spending. Drive procurement excellence.
More than 75% of procurement professionals believe input cost, productivity and supply-demand analysis are critical for supplier negotiations, yet fewer than 40% possess this insight. We can help. We deliver 10-year price forecasts with award-winning accuracy and deep insight into your suppliers' cost structures. Our commodity price coverage includes 500,000+ historic prices, 4,000+ forecasts, costs and wages, and 200+ cost models across 60 geographies and our strategic sourcing solution allows you to optimize your global footprint and select the best partners and partner countries.
Our team has helped 12,000+ clients save more than $1 billion in aggregate and can help you with:
- Contracting – Negotiate contract escalation clauses based on our escalation rates
- Supplier cost insight – Assess supplier quotes based on input costs and market fundamentals
- Benchmarking – Track prices to evaluate purchasing performance
- Budgeting – Prepare budgets and financial reviews based on accurate forward-pricing data
- Strategic sourcing – Monitor prices, pinpoint the best times to make key purchases, and identify ideal partners and potential locations