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Commodity Prices: Pricing and Purchasing

Making smarter purchasing decisions - Procurement, Sourcing and Commodity Pricing

Time your buys with precision, fine-tune your buying performance, and favorably negotiate purchase contracts.


Successful purchasing decision are never made in a vacuum. They require comprehensive, timely data and analysis.

IHS Markit gives you the tools to make better buying decisions and beat cost-saving targets by putting price and wage intelligence at your fingertips.

Our pricing and purchasing data and analysis connects you to historical price trends and insights into future market moves so you can time your buys with precision, fine-tune your buying performance, and favorably negotiate purchase contracts.

Stay up to date on price changes that impact your supplier contracts with dashboards that give instant access to market outlooks in your key spend categories.

Leverage over 500 cost models, so you can verify supplier price competitiveness.

Remain current on critical price moves in today’s volatile market.

Whether you are just beginning your pricing journey, or are a seasoned professional, IHS Markit has the tools you need to make smarter, faster and more cost-effective purchasing decisions.

Find out more here.

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