Zak Stambor , Managing Editor
Citing growing demand for knowledge sharing among sourcing teams, company makes its supply chain intelligence platform available for $999 monthly
New York, January 26, 2010 –Panjiva, the leading source of objective information on global manufacturers, today announced it will make its supply chain intelligence platform available via an unlimited user pricing model. For $999 per month or a discounted $10,000 annually, organizations can arm their sourcing teams with complete transparency into the global supply chain. Users receive the accurate, independent information needed to identify and research manufacturers and suppliers before doing business with them, as well as monitor existing suppliers.
In the past, sourcing teams have struggled to identify and track overseas suppliers quickly and easily, a task that is compounded in large, multinational organizations. Leveraging Panjiva, companies can now provide an unlimited number of employees across teams, geographic regions and business units with unprecedented levels of visibility into detailed global trade activity, without the burden of a custom solution build out, lengthy deployment or costly technology and training investments. By operating in the cloud, Panjiva provides access to data at any time, from anywhere, ensuring every member of the sourcing team is armed with the most accurate and up-to-date supplier information.
Panjiva is the most in-depth intelligence platform available, featuring independent data on over one million suppliers and manufacturers across 190 countries. With the implosion of supply chains in 2009, the robust supplier database has attracted a record number of clients in the fourth quarter, as international organizations and Fortune 500 companies realized the value of technology tools to more efficiently share supply chain intelligence and supplier data across globally dispersed teams.
“With many overseas manufacturers going out of business over the past year, buyers need a reliable way to search for dependable new suppliers, especially now that they are beginning to return to their pre-recession purchasing levels,” Josh Green, Panjiva CEO. “We remain committed to helping sourcing teams improve knowledge sharing across their organizations and close the data gap that has long inhibited buyers from successfully finding new suppliers and tracking current ones.”
Panjiva is an online resource for sourcing executives to gain credible and valuable knowledge about suppliers and manufacturers around the world. By providing the most comprehensive data in an easy to use format, Panjiva informs the decisions that facilitate doing business globally. Supply chain and global production executives responsible for finding the right factories, negotiating costs and avoiding costly supply chain disruptions have been “flying blind.” Panjiva is the first and only online information source designed to provide complete transparency into overseas suppliers. Leveraging a variety of public and proprietary data sources, Panjiva is bringing new levels of visibility to the management of global supply chains. Panjiva was founded by CEO Josh Green and CTO James Psota. Panjiva received an equity investment from Battery Ventures and a contingent of angel investors. For additional information, visit: http://panjiva.com