Understanding how trade flows, the underlying vendor risks, potential geo-political impacts, and forward-looking statements and forecasts is essential for today’s sourcing professionals. This session will discuss how strategic sourcing and procurement leaders can assess market dynamics, identify and evaluate vendors, and understand the cost structure to time their purchasing decisions. Attendees will understand how to quickly identify critical drivers of supply chain risks on a global scale. The presenter will provide insights on leveraging global trade flow data, forecasting for commodity price management, and developing an alternate sourcing strategy. A solution demonstration will showcase monitoring current and forecast data for price, wages, and costs. Join this session if you want to obtain market advantage through timely and highly accurate data for a comprehensive supply chain assessment.

Contributors: S&P Global Market Intelligence
Categories: 2024 Fall - Rancho Mirage, Summit Presentations
SRC Type: Benchmarking and Analysis, eSourcing and Tools, Procurement Operations, Risk Management, Sourcing Management