Procurement executives struggle to effectively manage costs and risks due to a lack of visibility into material input costs, market dependencies, and volatility. This leaves companies vulnerable and unable to meet goals. IHS provides a consistent pricing platform with 500,000 historic prices and 4,000 forecasts to help procurement standardize processes globally. Their analytical tools and expert insights can help procurement enhance capabilities, quantify supply chain price changes, and develop sourcing strategies to consistently meet targets and manage risks.