Integrated Global Sourcing: Maximize Profits & Minimize Supply-Chain Disruption
Intelligence to make operational, tactical and strategic sourcing decisions that lead to growth.
Today’s global retailers, manufacturers and consumer brands operate in a world of complex supply chains.
To stay ahead, businesses must make sourcing decisions that minimize the cost of delivery - to customers, to the shelf or to consumers.
In the past, successful companies have focused on monitoring locations with the lowest input costs, or countries with the best available labor force, or the environments with the lowest risk of violence from factory to port.
In today’s rapidly evolving market, it’s critical to watch all these data points simultaneously – and understand them.
Strategic Sourcing and Footprint Analysis from IHS Markit gives companies the intelligence to make strategic, operational and tactical sourcing decisions that lead to growth.
Uniquely positioned, our industry and commodity price forecasts drive the decisions of procurement divisions around the world. Our proprietary Purchasing Manager’s Index™ is the benchmark for firms globally.
Here’s a quick look our interactive global sourcing tool, driven by our industry-leading data:
Users can monitor the US share of a given product’s exports, as well as the OECD share, to assess developed market share over time.
Multiple markets can also be selected, highlighting advantages and opportunities.
IHS Markit’s rich data further enables granular single-country detail.
Going a step further, countries can be viewed side-by-side for a baseline comparison with alternative candidates to compare and contrast.
And, because every company is unique, custom weights allow companies to input their own data – creating a personalized indices.
Today’s supply chain is fast-paced and multi -faceted. Stay ahead of today’s unprecedented disruption with the Strategic Sourcing and Footprint Analysis from IHS Markit.
Visit ihsmarkit.com/strategicsourcing to learn more.