Procurement Resource - Market Data, Price Trends and Analysis

What Procurement Resource - Market Data, Price Trends and Analysis does

Procurement Resource is a procurement intelligence and market data firm that delivers commodity pricing data, should-cost models, production cost reports, manufacturing plant feasibility studies, and supplier intelligence to enterprise procurement and sourcing teams. The platform combines a self-serve digital suite (Procure 360, Digital Should Cost Model, Sourcing Compass, Spend Analytics, Sustainability Tracker, Complexity Reduction Tool, Pricing Dashboard) with advisory services (Category Compass, Commodity Compass, Supplier Compass, Data Analytics & Automation) and a published research library of 5500+ reports spanning 50+ industries and 40+ countries. Underlying assets include 100K+ historical pricing and cost data records and a content library covering 3000+ manufacturing plant projects, 2000+ production cost reports, and 1000+ price trends reports, maintained by 100+ analysts averaging 9+ years of certified experience.

The firm is privately held under MARC Services Pvt. Ltd. (an Indian private limited company), with operational headquarters in Noida, India, and regional offices in Australia, the Philippines, the United Kingdom, Vietnam, and the United States. Revenue is generated through a mix of one-time tiered report purchases (Basic $2,499, Premium $3,499, Enterprise $4,799), recurring subscription access to commodity price databases and market intelligence dashboards, and bespoke consulting/research engagements. Distribution is hybrid: self-serve digital for standard report buyers, plus an inside-sales and direct-enterprise sales motion for custom research and enterprise licensing.

The customer base skews to large multinationals across chemicals, energy, FMCG, healthcare, metals, agriculture, and utilities, with named clients including Nestlé, Shell, BASF, Roche, Honda, Rio Tinto, Veolia, Syngenta, Hindustan Unilever, ITC, and Hitachi Energy, alongside 400+ active subscribers. The company is bootstrapped (no external funding disclosed), has scaled headcount from 112 in 2020 to 380+ today (~50% CAGR), and holds Great Place to Work and Best Place to Work for Women certifications.

Name

Procurement Resource - Market Data, Price Trends and Analysis

Legal name

MARC Services Pvt. Ltd.

Website

https://procurementresource.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

101–250 employees

Short description

Procurement Resource is a procurement intelligence platform providing cost models, commodity pricing data, production cost reports, and supplier intelligence to enterprise procurement teams and manufacturers across 40+ countries and 50+ industries.

Ownership category

akta.pro rank

Product category

Procurement Intelligence Platform

akta.pro primary industry

Procurement & Strategic Sourcing (BPAHAHAB)

akta.pro secondary industries

Spend Analytics & Reporting Support (BPAAAJAJ), Sourcing Support & RFx Administration (RFI/RFP/RFQ) (BPAAAJAC), Procurement Helpdesk & Stakeholder Support (BPAAAJAD)

Keywords

• Procurement intelligence
• Commodity price tracking
• Production cost analysis
• Supply chain analytics
• Market research reports

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Market Intelligence Reports: One-time purchase of production cost reports, manufacturing plant project reports, and price trend analysis with tiered licensing (Basic, Premium, Enterprise). Reports include detailed cost models, process flows, capital investment analysis, and techno-economic evaluations.
2. Subscription Services: Recurring subscription access to commodity price databases, market intelligence dashboards, and continuous tracking of prices, indices, and industry news.
3. Customized Research & Consulting: Tailored procurement intelligence reports and bespoke research on specific categories, suppliers, or trade flows based on client requirements.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

Procurement Resource operates a market intelligence and procurement analytics platform that delivers cost models, commodity pricing data, production cost analysis, and supplier intelligence across multiple commodity sectors. The company sells tiered production cost reports, manufacturing plant project reports, and price trend reports, and offers digital tools such as the Digital Should Cost Model, Procure 360, and Complexity Reduction Tool. It also provides customized research, consulting, and subscription-based access to commodity price databases covering 50+ industries and 40+ countries.

Product overview

Procurement Resource is a comprehensive procurement intelligence platform offering an integrated suite of digital tools, advisory services, and industry research reports. The platform's core digital offerings include Complexity Reduction Tool, Digital Should Cost Model, Procure 360, Sourcing Compass, Spend Analytics, Sustainability Tracker, and Pricing Dashboard, which collectively provide cost modeling, sourcing intelligence, spend analysis, and market price monitoring capabilities. The advisory services include Category Compass, Commodity Compass, Supplier Compass, Data Analytics & Automation, and Digital Solutions, offering category insights, commodity intelligence, supplier profiles, and workflow automation. The company's research portfolio comprises 3000+ Manufacturing Plant Project Reports, 2000+ Production Cost Reports, and 1000+ Price Trends Reports, delivering comprehensive market intelligence for informed procurement and sourcing decisions across 40+ countries.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 98% success rate with 500+ projects completed demonstrating reliability and client satisfaction
• +1 more outcomes

Named customers24 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• S&P Global Commodity Insights (Platts): The dominant global commodity pricing and market intelligence provider, covering energy, chemicals, metals, and agriculture with benchmark price assessments used in physical contracts. Direct overlap with Procurement Resource's commodity price database and market intelligence offerings, though at vastly larger scale and broader coverage.
• Wood Mackenzie: Leading provider of commercial intelligence for energy, metals, and mining sectors with deep research and consulting. Comparable to Procurement Resource's Commodity Compass and Production Cost Reports in commodities and natural resources verticals, but with a much longer industry track record.
• IHS Markit (now part of S&P Global): Provides supply chain intelligence, maritime and trade data, and procurement-relevant analytics through its Maritime & Trade and Connected Supply Chain solutions. Comparable to Procurement Resource's Supplier Compass and procurement intelligence at the supply-chain level.
• Bloomberg Terminal / Bloomberg Intelligence: Global standard for real-time market data and proprietary research across all asset classes. While much broader in scope, Bloomberg Intelligence's commodity and company research is a competing source for procurement and strategy teams.

Direct peers

• CRU Group: Commodity research and consulting firm covering mining, metals, fertilizers, and battery materials with subscription analytics and bespoke consulting. Directly comparable business model — report subscriptions, cost analysis, and market intelligence for procurement teams.
• Fastmarkets: Price reporting agency and market intelligence provider for metals, mining, forest products, and industrial commodities. Comparable to Procurement Resource's Price Trends Reports and Commodity Compass, with similar subscription and report licensing models.
• ICIS (Independent Commodity Intelligence Services): Specialist market intelligence provider for the petrochemical, energy, and fertilizer value chains, offering price reports, supply/demand analytics, and consulting. Highly comparable to Procurement Resource's chemicals and energy coverage and report-based subscription model.

Emerging players

• Coupa Software: Cloud-based spend management and procurement analytics platform with category intelligence features. Comparable to Procurement Resource's Spend Analytics and Pricing Dashboard modules, though focused more on internal spend data than external commodity pricing.
• SpendHQ (Spend Matters): Procurement analytics and market intelligence platform focused on spend visibility, supplier benchmarking, and category insights. Adjacent competitor in the procurement intelligence and spend analytics category served by Procurement Resource's Spend Analytics and Sourcing Compass offerings.
• Mordor Intelligence: Market research and consulting firm producing syndicated industry reports and procurement-focused intelligence across chemicals, materials, and industrials. Similar report-based business model and global coverage, though typically with broader market sizing rather than cost-modeling depth.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/procurementres
• Facebookfacebook.com/procurementresourceofficial
• LinkedInlinkedin.com/company/procurement-resource-official
• Instagraminstagram.com/procurementresource

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Procurement Resource - Market Data, Price Trends and Analysis