Supply Market Intelligence
Like-for-like, granular industry benchmarks for comparison to the market at the unit rate, category, and project levels.
Evaluate whether contracts are competitive in the market
The data required to conduct like-for-like comparisons of cost performance to the market is typically severely limited. Supply Market Intelligence™ offers unit pricing as well as project and asset-level benchmarks, leveraging Wood Mackenzie's industry-specific data assets and expertise.
Designed to help you:
Supply Market Intelligence lies within the Supply Chain Intelligence Platform and offers recurring item-, service-, or project-specific benchmarks to provide visibility into performance against the market. Supply Market Intelligence allows organisations to:
Drive visibility into highly technical equipment and service costs, identifying where cost efficiencies can be gained across individual components
Identify where cost efficiencies may be gained through granular insight into price performance on individual components
Evaluate whether contracted rates are competitive with the market and established baseline target pricing
Measure pricing performance by category, region, or supplier
Generate ground-up, component-by-component, $/Watt project cost estimates for key renewable energy technologies
Forecast renewable energy project costs 5 years into the future, to inform estimating and planning
Analyse efficiency and KPM achievement through internal performance benchmarks
What do you get with Supply Market Intelligence?
The modules within the Wood Mackenzie Supply Chain Intelligence Platform offer data and insights to support cost reduction, risk management and performance improvement. Supply Market Intelligence enables users to evaluate contracted rates against the market and conduct data-driven project cost estimation and budgeting.
Get access to:
- Recurring benchmark analyses, comprising peer set maximum, average, and minimum pricing
- Benchmark analyses built at both the item and project level
- Deliverables built by leveraging Wood Mackenzie's proprietary data assets, including over $7 Trillion in transaction industry spend, over 400 million transactions, over 5,000 completed benchmark analyses, and over 120,000 bid events
Additional analytical layers for:
- Renewables Data – to enable parametric modelling renewables project CAPEX and OPEX