Compass Group
Compass Group is the largest contract foodservice company in the world, with operations in about 50 countries and employing over 550,000 people.
Challenge
To have access to commodity pricing data in order negotiate more effectively with suppliers, understand market conditions and operate more efficiently.
Solution
Expana has implemented their raw materials and commodity price tracking services through Mintec Analytics, its proprietary commodity price dashboard and analytics platform. This has delivered a combination of data, market insight and analytical tools to companies like Compass Group. Enabled them to access any of the +14,000 commodity prices, to accurately manage and respond to current price challenges.
Benefits
- Integrated raw material and commodity analysis
- Personalised price dashboards for supplier contract management
- Market insight and extensive price data
- Benchmarking supplier pricing across a range of commodities