Build a should-cost model for any product in minutes. Map each component to a live price index from FRED, Eurostat, and the World Bank. Walk into every negotiation with the number already worked out.
“Supplier says aluminum is up 12%.”
Aluminum is up 4.2% on LME. The other 7.8% is margin expansion.
“Mintec quoted us $42K/year for 5 seats.”
2,228 indices, same sources, free to start. $31/mo for a Pro seat.
“Category reviews take 2 weeks of data pulling.”
Live dashboard. AI brief every Monday. 10 minutes.
Build should-cost models, explore 2,228 indices, read the AI brief, and set alerts — all in one place, all in a browser tab.
Break any product into cost components mapped to live price indices. Aluminum, resin, energy, labor. Your model updates automatically when the underlying indices move — so "raw materials went up" is never a blind answer again.
Upload a supplier quote, paste a spec, or start from a blank should-cost model. AI extracts the cost components.
Each component is mapped to an index from FRED, Eurostat, World Bank, or EIA. You control the weights and mapping.
Export a branded PDF. Set alerts for the next move. The next price-hike email gets a data-backed reply, not a shrug.
Build the should-cost model once. It updates automatically. Know exactly when to renegotiate, before supplier asks.
Compare supplier quotes against market benchmarks in seconds. Find outliers, validate proposals, document your numbers.
Real-time view of cost pressure across the portfolio. Stop being surprised in QBRs. Walk in with the number already modelled.
Give every category manager Mintec-grade data without the Mintec budget. Standardise how your team talks to suppliers.
Free tier isn’t a teaser — it runs a real negotiation end-to-end. Upgrade when you need volume and branded deliverables.
Enough to run a full negotiation end-to-end.
One procurement practitioner, running real deals.
For procurement teams with SSO, RFPs, and category breadth.
ProcureIndex pulls the same underlying government and central-bank series those providers repackage — FRED, Eurostat, World Bank, EIA, USDA, FAO, DBnomics. You get 2,228 indices and should-cost tooling free, with Pro at $31/mo instead of $8K–$40K per seat per year. No sales call required.
Every index is sourced directly from the originating public agency — FRED (US Federal Reserve), Eurostat (EU), World Bank, FAO, EIA (US Energy), USDA, and DBnomics. Each chart shows the source and series ID so you can cite it in supplier conversations and internal reviews.
Yes — upload a PDF or paste a quote. The model extracts cost components, suggests the matching index for each, and builds a weighted cost stack you can edit. You stay in control of the weights and the mapping. The output is yours, not a black box.
Your uploaded contracts, cost models, and baskets are private to your account. We don’t train models on your data, don’t share it with suppliers, and don’t surface it to other users. Full details on the privacy page.
Three should-cost analyses and one AI brief per week is enough to run a real negotiation — that’s the point. Pro unlocks volume, branded exports, and alerts. Cancel anytime.
Build your first should-cost model in 60 seconds. Free. No credit card. No sales call.
Build your should-cost model