Gate Group is the global leader in airline catering, retail-on-board and hospitality products and services. They provide passengers with superior culinary and retail experiences, leveraging innovation and advanced technology solutions.
Gate Group is the global leader in airline catering, retail-on-board and hospitality products and services. They provide passengers with superior culinary and retail experiences, leveraging innovation and advanced technology solutions.
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Having fast access to data & price movements, centralized & contextual info against commodity indices, cost modelling tools and access to supplier-agnostic pricing data for more transparent conversations and cost effective negotiations make it an important tool.
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 Gate 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