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News & Articles

China Rubber Market Witnessed Declines Amid Passive Demand and Oversupply

May 07, 2025

In April 2025, China’s rubber market experienced a slight decline of approximately 4.2% month-on-month. However, the decline was less severe than previous trends observed over the past few months.

News & Articles

Indian Government Tightens Sugar Sector Rules with Revised Control Order for Transparency

May 05, 2025

The government has introduced the Sugar (Control) Order 2025 to ensure fair prices for small sugarcane farmers and improve regulatory oversight of the sugar sector.

News & Articles

INEOS and Covestro announce a long-term LNG supply agreement for eight years starting from 2027

May 05, 2025

INEOS and Covestro have entered into a major long-term natural gas supply agreement spanning up to eight years, commencing in 2027.

Blogs

The Fundamentals of Financial Risk and Financial Risk Management

Sep 17, 2024

Financial risk management is the process that involves the practice of identifying and managing potential finance-related risks to minimize their impact on the organization and its business operations.

Blogs

Fundamentals of Supplier Risk Management: Key Strategies for Mitigating Supply Chain Risks

Sep 13, 2024

Supplier risk management (SRM) can be defined as the process of identifying, evaluating, and effectively managing various risks associated with the activities of third-party or external suppliers.

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In the present times of globalisation and the constantly changing economy, thorough market intelligence and research have become a critical need for conducting and developing a business.

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We, at Procurement Resource, track the prices of various commodities and goods worldwide to offer our clients the best intel which can aid their sourcing decisions with data backed insights. Our experienced analyst and domain experts provide critical supplier intelligence in the form of market report, cost models, price analysis, benchmarking, category insights, etc. to facilitate a confident and easy procurement process.

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Industries We Serve With Our Valuable Insights and Analysis:

Operating Costs, Logistics and Utilities

Chemicals

Agriculture, Farming and Commodity

Food and Beverages

Flavours and Fragrances

Packaging

Machinery, Electronics and Durables

Energy, Metals and Minerals

Operating Costs, Logistics and Utilities

Operating Costs, Logistics and Utilities

Utilities have been under increasing pressure in recent years to replace ageing infrastructure and expand grid functionality. In order to back these changes, deployment of strategic procurement functions can provide utilities with a significant competitive advantage such as cost savings.

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Chemicals

Volatility and declining demand, as well as eroding margins, pricing pressures, competition, inflation, cost increase, and supply issues, have all affected the chemicals industry in recent years. Growth can be achieved by the introduction of alternative sales channels, new areas of demand, and value chain digitization to improve visibility and efficiency.

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Agriculture, Farming and Commodity

Agriculture and farming businesses typically have very low-profit margins and rely on high-volume and consistent operations to stay profitable. As a result, developing an effective and efficient procurement strategy for their critical production processes and manufacturing equipment is essential for the industry.

ai

Food and Beverages

The competitiveness in the Food & Beverage industry is unmatched and for this, product differentiation and innovation play an imperative role. Procurement solutions enable the F&B companies to mark the provenance of products they purchase, ensuring that they are provided with explicit and up-to-date information.

ai

Flavours and Fragrances

Flavors and fragrances provide consumers with extremely important sensory experiences that influence their overall perception of a product as well as their likelihood of repurchasing it. Effective procurement strategies enable the companies to create a competitive edge in the market.

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Packaging

The appeal of a product's commercial or consumer packaging has a compelling impact on its success. Packaging is a significant source of material costs for companies in the Consumer-Packaged Goods industry. Adopting effective practices for sourcing packaging materials can result in sound supply chain efficiencies and cost savings.

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Machinery, Electronics and Durables

The machinery manufacturing industry faces numerous challenges, including shrinking profit margins, increasingly complex supply chains, and complex product cycles. The manufacturers are under tremendous pressure due to the rapid pace of technological advancements, rising customer expectations, and the pressure to get innovative products to market as quickly as possible. Correct souring strategies are therefore imperative in overcoming these challenges.

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Energy, Metals and Minerals

Sourcing of minerals is critical when it comes to environmental and human health related needs. Responsible procurement of minerals and metals plays a significant role in attaining sustainability.

Operating Costs, Logistics and Utilities
Operating Costs, Logistics and Utilities

Operating Costs, Logistics and Utilities

Utilities have been under increasing pressure in recent years to replace ageing infrastructure and expand grid functionality. In order to back these changes, deployment of strategic procurement functions can provide utilities with a significant competitive advantage such as cost savings.

Chemicals
Chemicals

Chemicals

Volatility and declining demand, as well as eroding margins, pricing pressures, competition, inflation, cost increase, and supply issues, have all affected the chemicals industry in recent years. Growth can be achieved by the introduction of alternative sales channels, new areas of demand, and value chain digitization to improve visibility and efficiency.

Agriculture, Farming and Commodity
Agriculture, Farming and Commodity

Agriculture, Farming and Commodity

Agriculture and farming businesses typically have very low-profit margins and rely on high-volume and consistent operations to stay profitable. As a result, developing an effective and efficient procurement strategy for their critical production processes and manufacturing equipment is essential for the industry.

Food and Beverages
Food and Beverages

Food and Beverages

The competitiveness in the Food & Beverage industry is unmatched and for this, product differentiation and innovation play an imperative role. Procurement solutions enable the F&B companies to mark the provenance of products they purchase, ensuring that they are provided with explicit and up-to-date information.

Flavours and Fragrances
Flavours and Fragrances

Flavours and Fragrances

Flavors and fragrances provide consumers with extremely important sensory experiences that influence their overall perception of a product as well as their likelihood of repurchasing it. Effective procurement strategies enable the companies to create a competitive edge in the market.

Packaging
Packaging

Packaging

The appeal of a product's commercial or consumer packaging has a compelling impact on its success. Packaging is a significant source of material costs for companies in the Consumer-Packaged Goods industry. Adopting effective practices for sourcing packaging materials can result in sound supply chain efficiencies and cost savings.

Machinery, Electronics and Durables
Machinery, Electronics and Durables

Machinery, Electronics and Durables

The machinery manufacturing industry faces numerous challenges, including shrinking profit margins, increasingly complex supply chains, and complex product cycles. The manufacturers are under tremendous pressure due to the rapid pace of technological advancements, rising customer expectations, and the pressure to get innovative products to market as quickly as possible. Correct souring strategies are therefore imperative in overcoming these challenges.

Energy, Metals and Minerals
Energy, Metals and Minerals

Energy, Metals and Minerals

Sourcing of minerals is critical when it comes to environmental and human health related needs. Responsible procurement of minerals and metals plays a significant role in attaining sustainability.

Healthcare
Healthcare

Healthcare

Healthcare providers, perhaps more than any other industry, are constantly under pressure to control costs, especially in a market where physicians and their patients expect more. Effective procurement processes result in the purchase of high-quality, cost-effective products in the right quantity, at the right time, and in alignment with health needs.

Our Product & Services

With the growing influence of globalisation and market volatility on business.

Supply Chain Intelligence

As suppliers play a critical role in a company’s success, it is imperative for organisations to choose suppliers who best meet their needs and align with their values. Selecting the right suppliers can increase profits and boost efficiency while minimising financial risks.

Market Intelligence

Gathering market intelligence is an extremely important aspect of executing effective plans for your business’s prosperity and growth. However, staying in touch with the latest market developments, trends and competition can be time consuming.

Procurement Analytics

Procurement and sourcing have emerged from being means of achieving cost targets to key drivers of a sustained growth. This change has been brought about by the globalisation of supply chains, centralisation of procurement organisations and volatility in the supply market.

Category Insights

The different aspects of product development and manufacturing play a vital role in maintaining an organisation’s profitability. For instance, analysing and understanding the activities of value chain can facilitate value addition while minimising costs.

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What They Say About Us

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" We have been working with Procurement Resource for over two years now. These guys can provide data for any market in any country. I have given them numerous challenging assignments to work upon and have been quite impressed with their approach and results. "

- Procurement Manager Large Indian Conglomerate and a known FMCG Brand

" When we started our Betaine manufacturing operations in Brazil, we were struggling to identify suppliers and benchmark our procurement costs vs other players already in the market. Procurement Resource helped us understand the market in Latin America, the key suppliers, how others were getting products, and even helped us in negotiating prices. "

- Director (Manufacturing) Global FMCG Giant

" I would like to recognize quality of work done by your team on VIP (Value Improvement Program) for Purplle Private brand Packaging portfolio. Your team helped us in identifying right suppliers, collected Vendor related data, floating inquiry, price comparison+benchmarking. This has helped us achieve a significant cost saving. "

- Rupesh Aggarwal Co-Founder & CEO

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