See opportunity & risk before anyone else
BusinessAnalytiq provides affordable market trend data & online tools to translate the data into actionable insights and outlooks
BE THE FIRST TO SEE RISK AND OPPORTUNITY!
BusinessAnalytiq provides unlimited market trend data and an online tools to track market developments, key benchmarks & leading indicators.
BusinessAnalytiq leads to price visibility, better negotiations, easier budgeting and forecasting, lower raw material prices, and improved better internal and external communication. BusinessAnalytiq will decrease risk and higher profit.
Automate outlooks & forecasting
Simplify forecasting by using indirect market futures to predict future prices for key raw materials.
Forecasting prices is likely to be in the ball-park for the coming 0-2 moths, indicatively correct based on critical cost-drivers for the coming 2-4 months.
Beyond that, the most sensible approach to forecasting is to automate the process based on market futures.
BusinessAnalytiq software enables you to automate the forecasting of direct raw materials
Anticipate material price increase (and know when to target price decreases!)
Tracking prices against market benchmarks will help to highlight opportunities for cost saving and risks of future price increases.
BusinessAnalytiq is designed to help establish, prove and track benchmarks against for your pricing.
Benchmarks can be single direct benchmarks, or complicated, multi-layered indirect benchmarks
Target structural cost savings
Understanding an approximate cost breakdown will help you to identify product categories with excessive margins, where you need to establish more competitive pressure
BusinessAnalytiq is designed to help establish, prove and track cost breakdowns for your categories.
Benchmarks can be constructed from single cost elements, or multiple fixed and variable cost elements
Get early warning on changes
Getting an early warning on changes in the market, allows you to adapt accordingly.
For example -leading indicators of price developments can help to indicate a trend of increasing or decreasing prices, enabling you to adapt your inventory accordingly protecting your profit and cash flow
Hold suppliers accountable
Ever notice that many suppliers are quick to pass on price increase, but too slow to reduce them?
Too often price increases from suppliers are justified on short term cost driver price increases, but those increases are not reversed when the cost driver prices are reduced.
BusinessAnalytiq helps to link your RM prices to the cost driver prices of your suppliers, and will alert you when it is time to push the supplier for price decreases (often based on the suppliers justification for price increases….)
Save time & effort in procurement
Most procurement teams track prices against market indicators. BusinessAnalytiq will reduce this process to minutes each month.
BusinessAnalytiq will allow users to share the data and simplify the actionable conclusions to simple charts to speed up preparation time for negotiations.
BusinessAnalytiq has an inbuilt database of commodities, currencies and statistics to give you the data you need.
Monitor the market
We offer a service where we monitor all relevant non-numerical market developments for your industry.
Once per week we will update a list of articles, posts, news items and customer or suppliers updates. Depending on which developments you which to be updated on.
Be the best informed person in the room!
Improve stakeholder communication
BusinessAnalytiq will help to communicate market changes to sales and business colleagues and even customers, if that is appropriate.
BusinessAnalytiq will track market prices of different benchmarks and translate those into a single index relevant to product categories.
This will allow you to explain market developments to internal stakeholders, as well as explain price changes to external customers if required.
User license30-day free trial
- 1 user license
- See market trends in preferred FX
- See market trends on the mobile
- Unlimited data downloads
- Unlimited access to benchmarking tools
Alternative paths to get connected