AI-Powered Cost Models

Build cost models in minutes — your way

With Expana IQ, creating cost models is as easy as having a conversation. Simply describe your product, and AI helps you map the right inputs — from raw materials and packaging to freight and energy.

Choose to:

Build your own model with full control over inputs and weights
Let AI recommend percentages, sourcing options, and relevant commodities
Blend both approaches for flexibility and speed

The result: fast, accurate cost models that adapt to your business — without spreadsheets, guesswork, or hours of manual research.

Your insights, your way

Bring all your data together with Expana. Seamlessly integrate supplier quotes, third-party datasets, and AI cost models to get a single, comprehensive view of product costs.

With API connectivity, Expana plugs directly into your existing systems — ERP, procurement, finance, or BI dashboards — so insights flow automatically into the tools your teams already use.

Cost model forecasts

Expana’s global cost models don’t just show you today’s costs — they help you see what’s coming. By connecting raw materials, packaging, freight, energy, labor, and more into a single model, Expana reveals how shifts in commodity prices ripple through your products and margins.

With forecasts extending up to 18 months ahead, you can anticipate cost pressures before they hit, plan budgets with greater accuracy, and adjust strategy with confidence. Detailed breakdowns highlight the exact factors driving changes, so you can protect competitiveness and make faster, more informed decisions.

Model product cost

Turn complex product costs into clear, actionable insights. With Expana, you can generate precise cost models that capture every input — from raw materials and packaging to freight and energy. Compare your supplier prices directly with Expana’s market benchmarks, and instantly see where your spend aligns, or where it’s out of step.

By modeling product costs this way, you can identify the real drivers of price changes, adjust sourcing strategies, and even explore alternative inputs to protect margins. With forecasts built in, Expana also helps you anticipate risks and hedge against volatility – so your strategy is always one step ahead of the market.

“An invaluable tool that supports a whole range of activities from top line communication and reporting to market-based or cost-model negotiations.”

Bilal Shaykh

Group Procurement Director

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Smarter Moves Start Here

Expana’s cost models put essential intelligence at your fingertips — helping you take control of costs, anticipate risks, and protect margins with confidence.

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