It's been a busy week in the Spend Matters and MetalMiner office. After significant site upgrades to both platforms and many late nights and early mornings authoring and editing recently published and planned reports, I'm very excited to report that both blogs are successfully growing and leveraging our readership bases to become research-driven businesses. Earlier today, MetalMiner unveiled its 2010 metals price prediction series. Each report (all of which will be updated and available for sale quarterly) features a strategic sourcing-driven look at a specific metals category including what key economic indicators and category management road signs companies should look at to determine their best sourcing strategies. At program launch Thursday morning, we've got 8 reports available for immediate download: steel, aluminum, copper, lead, zinc, nickel, stainless steel and platinum/palladium/rhodium. Look for reports on tin, gold/silver, aerospace alloys and ferro alloys to become available in the coming weeks.
What separates out MetalMiner reports from other price forecasts and commodity intelligence sources in the metal markets? For one, they provide a global perspective, and leverage pricing data from the proprietary MetalMiner IndX. Our sourcing view on metals markets is that you can't just look at price trends in the US without looking at the price trends for that same metal globally, as global pricing and demand is essential to forecasting regional pricing. Even if you're a regional company buying from onshore producers and distributors, you’ve got to think globally to get the best value.
In addition, the MetalMiner team has opted to provide detailed production cost models that examine production cost, where possible, to provide insight into the actual cost breakdowns for a ton of steel, aluminum and other metals categories. Just as you would request cost breakdown worksheets of tier one suppliers as a sourcing best practice, it also pays to understand producer costs as well as a key forecasting indicator. It's this type of intelligence that separates out those who source metal for a living vs. those who analyze it as a profession. Sitting behind a desk in an office building in London or New York is not the same as frequently visiting facilities and plants and working with sourcing professionals everyday to understand the elements of metals market intelligence that companies need to make better decisions.
Collectively, this is what's help make MetalMiner and Spend Matters into the largest online media sources dedicated to procurement, sourcing and supply chain issues. But we're not stopping there. Our collective goals are nothing short of providing the most objective and invaluable research in our respective markets. Call us bloggers, call us analysts, call us consultants turned whatever -- or call us anything you want. We promise that regardless of label or forum, that our research will stand out in the market as pragmatic and useful to your bottom line. Moreover, we're not afraid to express an opinion, because unlike many of those who pontificate for a living, we actually know what we're talking about because we've done it all of our careers. Moreover, as young, high-growth organizations, we can't hide behind a big research brand that rests on its past laurels.
Look for continued collaboration between MetalMiner and Spend Matters in the coming weeks. We look forward to previewing some of the research on these pages via exclusive interviews with the reports authors that examine global metals price forecasts for 2010. But if you're in need of metals market intelligence to help determine optimal sourcing strategies for the coming quarters, don’t delay. Head on over to MetalMiner and check out the 2010 Metals Pricing Forecast and Sourcing Strategy series today.