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Pricing & Purchasing: IHS Global Insight

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Pricing and Purchasing: IHS Global Insight

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Download Whitepapers

Commodity prices have soared in recent years. Unfortunately, these higher and often-volatile prices have placed pressure on finished product and service prices, making market intelligence that much more critical to cost mitigation and the bottom line.

Keeping abreast of the latest pricing trends throughout your supply chain, and knowing when they will affect what you buy, is critical to achieving the most cost-effective buying strategy.

  • Download
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  • Download the IHS whitepapers listed below and obtain cost insight and answers to your questions, including:

    • How will inflation affect my production costs?
    • What’s the best way to anticipate price change?
    • How will key input costs, and market demand influence tomorrow’s price?
    • What risks do commodity prices pose directly to my costs?

    Please select one or more the whitepapers listed below.

    Commodity Price Volatility - What Goes Up, Must Come Down
    Pricing Risks – Be Prepared for the Next Round of Commodity Price Swings
    How Will Inflation Affect Your Production Costs?

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  • By predicting and capitalizing upon price fluctuations, organizations can thrive amidst global economic uncertainty and achieve a competitive advantage. 

    The IHS Pricing and Purchasing solution uses a proven cost modeling framework that can help you effectively manage your business. With a team of over 350 economists and industry-leading analysts dedicated to each major market, IHS delivers timely and accurate price and wage forecasts and analysis to help buyers negotiate prices effectively, strategically time purchases and generate cost savings. 

    With a database of more than 80,000 historic prices and thousands of price, wage and input cost forecasts, IHS offers more coverage than any other provider in the market.

    The IHS Pricing and Purchasing solution can help you with:

    • Timing buys. Identify the best time to purchase raw materials, locking in favorable prices today to avoid prices increases later
    • Cost benchmarking. Benchmark spend in order to take advantage of tactical market opportunities and evaluate quotations more strategically
    • Contract negotiation. Understand your supplier's cost structure to gain the leverage you need to negotiate prices effectively and gain valuable price breaks
    • Cost estimation. Gain valuable market intelligence to quantify key inputs, examine critical supply issues, and more effectively estimate a project’s final cost
    • Long-term contracting. Negotiate forward pricing contracts for improved cost planning, analysis, and savings over the life of a contract

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