Use for: open access category intelligence and supplier reviews

Beroe's excellent free on-demand procurement/market intelligence platform covers over 260 direct and indirect categories and each Category Intelligence report covers the following:

  • Information relating to market, supply, cost, and pricing analysis

  • Hard to find data on cost and TCO models, supplier details, and performance benchmarks

  • Macroeconomic and regional trends impacting cost, supply, and other market dynamics

  • Category-specific negotiation and sourcing advice

Beroe LiVE allows you to interact with peer communities and participate in discussions and polls about the intelligence offered. Beroe LiVE now offers supplier reviews where free access to unbiased ratings on 25,000+ suppliers, rated by 30,000 procurement professionals is provided. Beroe is a provider of procurement intelligence and offers services specializing in sourcing, supply chain visibility, financial risk analysis, and environmental impact.

Use for: Information on emerging markets, competitive threats, private company information

CB Insights brings together structured and unstructured data sources and combines them with machine learning, algorithms, and data visualization to provide unique insights on innovative companies and startups. Because CB Insights includes patents, venture capital financings, startup and investor websites, and social media chatter, in their data sets, they are able to provide expanded coverage of private companies. Startups are exerting tremendous influence on markets of all types and because of this, startup discovery and analysis now plays an important role in supply market intelligence and competitive intelligence research efforts.

Use for: indirect category intelligence

Since 1971, IBISWorld has been publishing high-quality industry research reports. The Industry Research Reports provide key statistics/analysis on market characteristics and major industry participants. ProcurementIQ, formerly IBISWorld Procurement, publishes research reports that cover a multitude of indirect purchasing lines. These detailed reports cover product/service pricing dynamics, product characteristics that may affect the purchasing decision, supplier benchmarking and supply chain risks, and negotiation questions and tactics. The first page of each report, titled “At a Glance,” provides the recent price, forecast price, market characteristics, market risk, benchmark price, key price drivers, major vendors, vendor cost benchmarks, and Buyer Power Score. Payment required.

Use for: comprehensive and deep market analysis, forecasting and pricing in multiple markets

IHS Markit is one of most highly regarded and comprehensive market research firms in the landscape and you can count on the research being current, authoritative and of quality. IHS was founded more than 50 years ago and originated as a product catalog database provider for aerospace engineers. In July 2016, IHS merged with Markit, a provider of pricing and reference data. IHS brings to the merger its excellent legacy of providing comprehensive and deep market insight, forecast, and analysis coverage in areas that include aerospace, defense and security; automotive; chemicals; construction; energy; education; engineering and product design; financial services; government; life sciences; technology, media and telecom; maritime and trade; public safety; and economics and country risk. Paid subscription required. 

Use for: open access commodity price and outlook data

The International Monetary Fund (IMF) works to foster global monetary cooperation and financial stability around the world and reports on primary commodity prices and forecasts. The Primary Commodity Price data are updated monthly. The Commodity Price Outlook & Risks monthly, which presents a price outlook and risk assessment for selected commodities as depicted in futures and options markets is now found in the Commodity Market Monthly, which provides updates on commodity prices worldwide. Open access.

Use for: global pricing analytics for commodites, raw materials and FMCG (fast-moving consumer goods)

Mintec, over 30 years old, is based in London and is an independent source of global pricing information for commodities and raw materials for food retailers and manufacturers. The Mintec Analytics platform provides access to raw materials, packaging, transportation and labor prices as well as weather, various drivers, events, top producers and exporters, fundamentals and currency data. Users can create graphs and analyze the data to build their own dashboards, generate price alerts, cost models and much more. Mintec has a powerful raw materials database with over 20 main categories and over 10,000 data series within those categories. In 2019, Mintec launched new Market Outlooks that include explanations of recent price movements, changing supply and demand, and other important drivers of price as well as key takeaways for nearly 60 commodity types.

Use for: open access commodity prices

The Producer Price Index (PPI) measures the average change over time in the selling prices received by domestic producers for their output. The prices included in the PPI are from the first commercial transaction for many products and some services. To build a customized table, click on PPI Databases. Select the “One Screen Data Search” option for commodity data. Select the appropriate commodity group, and then drill down to the desired commodity. Data goes back 10 years. Open access.

Use for: commodity pricing intelligence for procurement negotiatons

ProPurchaser is a pricing tool that allows you to follow transaction-price histories for hundreds of commodities across North America, Europe, and China, and build "should cost" pricing models that are helpful in negotiations. A 30-day free trial membership is available. Data on over 500 key commodities is available and you can compare as many commodities as you wish. The pricing model that you can create will indicate the actual percentage of a commodity price increase or decrease, and if the percentage is reasonable. Also available are forecasting and budgeting tools. The clutter-free interface is simple and easy to use, along with the tools that allow you to change, save, and email the data. Subscription-based, reasonably priced.

Use for: category intelligence, commodity price risk, supplier management, supply chain risk monitoring

Started in 2003, The Smart Cube primarily serves the CPG, Energy and Chemicals, Financial Services, Industrials, Life Sciences and Retail sectors. Its Procurement and Supply Chain Solutions offerings include Category Excellence, Commodity Volatility, Supply Chain Analytics, and Supplier Engagement. They are headquartered in the UK with additional offices in the USA, Switzerland, Romania and India. In 2019, Amplify PRO, a client-facing digital platform that provides category managers with self-serve access to procurement intelligence that includes category insight reports, cost structure drivers, country risk and category news, to name a few, in addition to decision-making tools.

Use for: mineral statistics and commodity information

The USGS (United States Geological Survey) provides statistics and commodity information for minerals. This index of various non-fuel minerals has links that take you to the Mineral Commodity Summaries. Here you can find statistics on imports, exports, domestic and world production, and prices. The events and trends section covers demand. [Note: For historical metal prices, use the USGS Metal Prices in the United States Through 1998 resource found at http://minerals.usgs.gov/minerals/pubs/metal_prices. In a single document, you can view extended price histories for a wide range of metals. The chapter for each mineral commodity includes a graph of annual current and constant dollar prices for 1959 through 1998, where available; a list of significant events that affected prices; a brief discussion of the metal and its history; and one or more tables that list current dollar prices.

Use for: open access global commodity prices and forecasts

The World Bank monitors metals, precious metals, agriculture, and fertilizers commodity markets. World Bank Commodities Price Data (the Pink Sheet) show annual and monthly prices, by country, which are published at the beginning of each month. Price forecasts for the next 10 years are published on a quarterly basis. A comprehensive review of commodity markets is published four times a year in January, April, July, and October. Open access.

Please reload