On the leading edge of economic modeling, IHS provides timely, accurate price and cost analysis including ten-year forecasts and historical records for thousands of commodity prices and wages around the globe. IHS arms professionals with the information and confidence needed to realize cost savings.

With a greater understanding of suppliers’ cost structures and market dynamics, clients can:

  • Evaluate price quotes and enhance negotiating power
  • Build composite cost indexes
  • Identify competitive suppliers
  • Strategically time purchases
  • Determine project validity, risks and long-term costs
  • Better manage supplier relationships
  • Quantify and benchmark procurement costs by business unit or product line

Benefit from our breadth of market expertise and our proven cost modeling framework. With a database of more than 80,000 historic prices and thousands of price, wage, and input cost forecasts, IHS offers more coverage than any other provider in the market. IHS has been supplying forecasts of key commodity, labor, and input costs since 1970 – helping define the purchasing advice industry. IHS price history, forecasts, and outlooks have played a proven role in more than $1 billion dollars of cost savings for our clients. Not only has this helped expand their margins, but IHS information, expertise, and analytics have played a key role in helping sourcing and procurement organizations achieve – and exceed – department goals and objectives.

Company Info


15 Inverness Way Easy, Englewood, CO, 80112, United States


50 to Know / 50 to Watch / Future 5

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