Global Pricing and Purchasing Service
Enable Predictable and Profitable Strategic, Operational, and Tactical Sourcing Decisions
The Global Pricing & Purchasing service from S&P Global Market Intelligence enables supply enables supply chain cost savings by providing timely, accurate cost and price analysis allowing procurement professionals to validate costs, increase supply chain visibility, negotiate superior prices and strategically time purchases to boost the bottom line.
Key Features
Benchmark Costs
Evaluate costs, market conditions, and regional price differences to take advantage of tactical market opportunities.
Reduce Costs
Capture deflation on prices whilst also pushing back against unwarranted increases from suppliers.
Time Buys
Identify the best time to purchase raw materials; lock in favorable prices today, to avoid price increases later.
Evaluate Pricing
Negotiate forward pricing contracts for improved cost planning, analysis, and savings over the life of a contract.
How it Works
Access over 4,000 price forecasts, 500,000+ historical prices, and more than 500 cost models alongside commodity price analysis reports to effectively plan for short- and long-term market volatility.
Pricing and Purchasing Features
Market Analysis & Reports
Offering insights into the market, price trends, and the underlying context and drivers that influence future movements. Delving into the fundamentals that steer price dynamics, we provide a recommended buying strategy for the upcoming quarter.
Analyst Access
Tap into the expertise of S&P Global specialists who provide additional context on the latest commodity developments, forecasts, and market assumptions. Our analysts specialize in specific commodities and markets, offering valuable insights. Enhancing this, we offer quarterly webcasts and regional conferences. With this comprehensive support, act confidently, knowing you understand the complete market picture for both today and tomorrow.
Save Time and Money
Contracting
Optimize contract escalation clauses by aligning them with S&P Global's escalation rates. This strategic approach ensures that when a commodity surpasses a specified threshold, the pricing structure works in your favor.
Budgeting
Prepare budgets and financial reviews based on accurate forward pricing data, informed on when your budget will come under pressure.
Input Cost Breakdown
Evaluate supplier price quotes based on accurate view of input costs and market fundamentals.
Sourcing Guidance
Monitor prices and pinpoint the best times to make key purchases across a range of commodities and components.
Benchmarking
Track prices against and independent and unbiased source to evaluate purchasing performance.
Scenario Planning
Strategically plan on altering sourcing locations and combination of inputs to assess different scenarios for the future.
Releated Supply Chain Solutions
Specifically designed to support the identification of risks and opportunities in both current partners and potential locations, our strategic sourcing solution provides retailers and manufacturers with a custom index that aggregates data and risk scores specific to your exposures.
Request Follow Up
Specifically designed to support the identification of risks and opportunities in both current partners and potential locations, our strategic sourcing solution provides retailers and manufacturers with a custom index that aggregates data and risk scores specific to your exposures.
Complete the form to see the Strategic Sourcing Risk Model in action.