We are excited to announce that as of February 1, Wood Mackenzie is a portfolio company of Veritas Capital, a leading investor at the intersection of technology and government. Our focus remains on providing you with the best intelligence, analytics, data and tools to ensure you are making the best data-driven business decisions with confidence.  

Read more in our news release here. 

Supply Chain Intelligence

Identify cost savings and operational efficiencies across your organisation

Our products

Built for the energy supply chain, our unique cloud-based software solutions provide actionable, in-depth data and analysis which enable our customers to achieve significant, sustainable cost reduction.

Spend Intelligence

Spend Intelligence

Manage external spending with precision



Executing on savings opportunities relies on enterprise spend data assets that are complete, accurate, granular, and dynamic. In a highly complex and nuanced industry, only a firm with an energy and natural resources-specific focus and data-at-scale can enrich and classify data to empower firms to: 

  • Quickly and easily report company data from a centralized, intuitive, and accessible platform 
  • Ensure focus in the right areas of opportunity 
  • Reduce price variance across the enterprise 
  • Achieve cost efficiencies commensurate with their global reach and industry depth

Cost Intelligence

Cost Intelligence

Identify market-based risks and opportunities



Many firms struggle to answer the question “how does my pricing compare with the market?” Cost Intelligence helps firms:




  • Access thousands of cost models and indices, should-cost capabilities, and qualitative market commentary reports to act quickly

  • Achieve substantial savings through data-driven and transparent supplier negotiations

  • Forecast and predict market-based cost risks

Supply Market Intelligence

Supply Market Intelligence

The digital future of energy and natural resources market insights


Supply Market Intelligence is the data cockpit for category and supply management teams, purpose-built to empower teams to focus on the strategic by automating the tactical. Supply Market Intelligence arms teams with the ability to:


  • Collaboratively weave together all the critical business and market data to inform category decisions
  • Efficiently create, execute, and update category plans in a standardized, centralized, and cloud-based format across the organization
  • Seamlessly provide dynamic executive reports on key performance metrics

Sourcing Intelligence

Sourcing Intelligence

Drive procurement savings and efficiency

Sourcing Intelligence is specifically designed for the energy and natural resources industry and makes competitive bidding easy and efficient. With standardized data collection and reporting, go-to-market templates, customizable datasheets, and access to our database of suppliers, firms can:

  • Accelerate strategic sourcing activity through reduced cycle time
  • Unearth hidden margin and gain negotiation leverage through granular bid data analysis
  • Easily collaborate with business stakeholders across engineering, finance, operations, leadership, and procurement
  • Centrally track, measure, and report on savings over time

Supplier Intelligence

Supplier Intelligence

Manage best-in-class SRM programs

Discovering and working with diverse suppliers, scaling supplier performance management, and ensuring regulatory compliance are core vendor management challenges. That’s why our Supplier Intelligence product focuses on three core capabilities:

  • Improve supplier performance with our energy and natural resources-specific KPI library, and easily collect, analyse, and report on supplier information for fact-based conversations
  • Automate and streamline the critical processes of ensuring compliance, meeting safety standards, and mitigating risk
  • Grow a diverse supply base through our proprietary supplier database, manage supplier diversity qualifications, and automate Tier 2 info collection and reporting

Contract Intelligence

Contract Intelligence

Capture the full value of contract terms

Contract Intelligence empowers firms to achieve maximum contract value and prevent contract leakage by increasing visibility into compliance and performance across all enterprise vendor agreements by:


  • Ensuring delivery of negotiated results by measuring supplier KPIs
  • Providing stakeholders with quick, central, and intuitive access to critical information that’s otherwise scattered across the business
  • Automating and digitizing index-based price escalation

Wood Mackenzie & PowerAdvocate

PowerAdvocate is now part of Wood Mackenzie. We've joined together to effectively meet our customers' ever changing needs. In the coming year, you'll begin to see both businesses join together and use the Wood MacKenzie brand going forward as we combine our teams and product sets.