Price Inflation Solution
Dynamically evaluate pricing and market risks from labor, materials, equipment, manufacturing, construction and more across all industries
Introduction
During a period of unprecedented market inflation, the fundament of strategic decisions is to quantify market risk with complete visibility of market changes and challenges along the way to quickly and accurately evaluate market inflation’s impact on cost estimates together with escalation granularity and risk scenarios to determine nominal dollars.
Get full visibility of global inflation to easily manage cost risk and avoid inflationary impacts. Analyze service price inflation for all resource types across all geographies.
Our underlying bottom-up data allows procurement professionals to perform pricing risk scenarios by transparently customizing our price and activity-sensitive forecasts, enabling professionals to quickly and transparently feel confident that the output matches their specific project, and strategists to find cost savings opportunities by assessing market cost performance.
Banking
Quickly determine the value of project portfolios by:
Gaining a deep understanding of prices, cost and labor trends within each sub-segment
Identifying product lines and regions outperforming peers and market
Accessing a comprehensive overview combining regional unit price changes across service segments
Energy Companies
Track record, suppliers performance, inflation indices and cost formation to:
Analyze financial and operational peer group performance
Gain overview combining regional unit price changes across service segments
Build customized cost models across industries
Industrial
Identify project cost and service prices and calculate cost to:
Gain cost and price intelligence focusing on benchmarking, estimating and inflation
Gain overview combining regional unit price changes across service segments
Build customized cost models across industries
Investors
Analyze price drivers, market outlooks and inflation indices to:
Understand how the market price and asset performance will evolve to make investment decisions
Gain insights into project costs and service prices throughout the supply chain
Gain overview combining regional unit price changes across service segments
Suppliers
Understand cost and price formation as well as inflation indices and cost estimating to:
Monitor price changes and support change orders
Anchor bids, evaluate and negotiate tenders
Gain a deep understanding of prices, cost and labor trends within each sub-segment
Make better decisions with Price Inflation Solution across multiple energy types. Learn how below:
Relevant across energy types
Track every single dollar being spent on recent and upcoming projects by analyzing:
- Service price inflation trending
- Energy project cost performance
- Bottom-up project cost estimates
Stay up to date with the latest project cost performance trends in the energy supply chain with:
- Frequent insights about market impact of industry events and deep-dives into industry trends
- Regularly updated factsheets covering project details, operator spend, supplier revenues and regional market trends
- Thematic reports diving into service price inflation, service categories, cost benchmarking and estimating
Bespoke consulting engagements delivered by our industry specialists.
Learn more about the key features of our solution
Download the solution overview
Our approach