Managing pricing and costs is complex, especially with multiple data streams and materials. GEP COSTDRIVERS is a global platform for market forecasting, pricing trends and cost modeling. It streamlines cost model comparisons, boosting productivity and efficiency across functions while supporting sustainability.
GEP COSTDRIVERS tracks over 100,000 indexes on commodities, services and supplies for direct and indirect categories across 25 industries. It delivers real-time data for benchmarking, forecasting and decision-making, helping users gain a competitive edge.
Gains in Productivity and Sustainability
GEP COSTDRIVERS offers thousands of indicators related to macroeconomics, commodities, and industrial costs across 60+ countries. Its real-time data foundation helps users improve productivity, drive sustainability and support functions like procurement, sales and finance.
Procurement
- Negotiation Support: Access 100,000 global price indexes, dashboards and alerts to support supplier negotiations.
- Scenario Builder: Create scenarios to evaluate current and forecast expenditures and identify optimal acquisition timing.
- Contract Management: Manage contract expirations and track price forecasts through alerts and dashboards.
- Competitive Benchmarking: Gain insights to strengthen negotiation positions.
Sales
- Pricing Strategy: Use accurate data to reposition pricing strategies quickly and effectively.
- Negotiations: Leverage market data to strengthen client price adjustment negotiations.
- Pipeline Planning: Plan product pipelines with accurate data on raw materials and production costs.
Finance
- Cost Forecasting: Create custom cost breakdowns for forecasting and benchmarking with accurate, sustainability-focused data
- Budget Module: Set up budgets, compare internal costs and optimize strategic planning.
- Internal Tracking: Monitor savings, losses and cost avoidance with automated budget processes.
One Platform for Cost and Supplier Management
One centralized source for cost and price data, powered by advanced analytics and ML.
Cost breakdown analysis of products/services by weighted components and forecasts.
100,000 global price indexes and 5,000+ cost models.
Trusted by 330+ clients over 20 years.
Insights from 15+ years of historical data, spanning 60+ countries.
Automation tools designed for procurement, sales and finance.
Top Rated by Real Users
4.4 rating
4.4 rating
4.4 rating