Commodity Price Intelligence and Price Forecasting
Empowering Buyers with AI-Driven Commodity Price Forecasting: Tracking, analyzing, and price forecasting of raw materials, intermediates, and end-products.
ΒιΆΉΚΣΖ΅ supports sourcing decision-makers by providing access to a comprehensive repository of 5-10 years of historical prices, current market prices, as well as short- and long-term accurate forecasts. Leveraging real-time data and AI-driven statistical tools, we deliver actionable pricing forecasts for raw materials, intermediates, and end-products.
Our price forecasting models are delivered through interactive pricing tools powered by innovative analytics applications, accessible across all devices. With customized options for in-depth analysis and enterprise-wide access, we enable seamless exploration of historical trends, current prices, and forecasts to optimize procurement strategies.
Gain a competitive edge with our customized price intelligence solution, empowering sourcing leaders to stay ahead of the market.
Commodity & Category Price Analysis
Commodity & Category Price Forecasting
Commodity & Category Price Trends (Historical, Current, and Forecast)
Commodity and Category Price Dashboards (Comprehensive Package with Regular updates)
Our comprehensive price intelligence and forecasting framework empowers category buyers with predictive analytics, enabling more informed decision-making for commodities and categories.
Our price intelligence and forecasting solutions have helped procurement organizations achieve various goals:
Savings through Contract Negotiation: +5-30%
Reduce Price Volatility with Continuous Monitoring and Forecasting: +20-40%
Accuracy in Spend Budgeting and Fiscal Planning: +90-95%
Price analysis is crucial as it enables you to navigate market complexities with informed strategies. Our price intelligence and benchmarking services are designed to assist your business in thriving in dynamic market environments.
A leading beauty and wellbeing company leveraged ΒιΆΉΚΣΖ΅ for detailed price analysis of several niche fragrance raw materials, including Di Propylene Glycol and Orange Oil. Our comprehensive solution led to 5-10% cost savings, allowing for improved price negotiations for the client.
ΒιΆΉΚΣΖ΅ created a price dashboard for a global conglomerate, tracking pricing trends, cost drivers, and supplier dynamics for secondary packaging. This led to 5-7% cost savings and improved procurement and risk mitigation strategies.
βA multinational chemical company's inbound logistics team partnered with ΒιΆΉΚΣΖ΅ to benchmark spot and contractual rates for dry bulk ocean movements across 35 global lanes. By analyzing pre-carriage, carriage,and post-carriage costs, the client achieved 5-10% cost efficiency and enhanced logistics decision-making.
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Client Experiences
How long can ΒιΆΉΚΣΖ΅ offer price forecasts?
Does ΒιΆΉΚΣΖ΅ deliver scenario-based price forecasts?
Does ΒιΆΉΚΣΖ΅ provide price forecasts and analysis by geography and grade?
Can ΒιΆΉΚΣΖ΅ customize reports based on our requirements?
How frequently does ΒιΆΉΚΣΖ΅ update prices?
How do we deliver price forecasts and analysis?
What approach does ΒιΆΉΚΣΖ΅ use to gather pricing data?
Can ΒιΆΉΚΣΖ΅ tailor dashboards and insights for niche or emerging categories / markets?
Can ΒιΆΉΚΣΖ΅ demonstrate its price intelligence and forecasting capabilities?
How do we request a proposal for a price intelligence and forecasting tool?
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