Resource Library

Most organizations understand the power of data science but struggle with implementation. We’re changing that. Learn how buying organizations that use a data-driven approach save more on COGS.

Buying organizations always find themselves challenged in slower markets to identify cost reduction opportunities, as well as manage market volatility. In a market with slowing demand, a number of strategies and tactics can help a company better manage margins. This research report offers 5 strategies to help achieve cost savings in slower markets.

MetalMiner’s team of data scientists are dedicated to bringing the most cutting-edge forecasting technology to your business. With that, we want to share the top five reasons why AI should have a place in every organization’s buying strategy.

A should-cost model provides procurement professionals with the most powerful means to negotiate, for example, the price of aluminum per pound. This becomes possible because should-cost models break down all of the elements that make up that price.

Communicating commodity volatility with executive members remains a key function of the procurement organization. Without it, executive teams don’t have the information needed to make critical decisions. Read to understand how to present information to executive teams.

For new procurement professionals or those that have the exciting responsibility of managing a metals category for the first time, this brief on the 5 best practices of metal-based sourcing can help with upcoming supplier negotiations. This briefly describes how to use cost breakdowns.

What are the common ways that metal service centers and mills are taking advantage of procurement managers? Know these commonly used pricing tactics and how to counter them.

Have an upcoming negotiation for 304 stainless steel? Need to know the specific copper price per pound? Read to understand how service centers will negotiate things like the aluminum price, carbon steel adders and extras and other metal types.

Some may argue that timing purchases appears speculative. Spot buying, however, also means speculative buying! Understanding a metal’s short term and long term price trend allows buyers to alter strategies in falling, sideways, and rising markets.