BOSTON, Jan. 27, 2015 /PRNewswire/ -- RISI, the leading information provider for the global forest products industry, today introduced a new service for packaging procurement professionals, the Packaging Intelligence Center (PIC). Developed in conjunction with packaging buyers around the globe, the service equips buyers to optimize their purchasing and minimize their costs.
"Consumer goods manufacturers spend over $300 billion annually on packaging and graphic paper. RISI's expert insight enables these buyers to better understand market drivers and their impact on paper prices. Customers will use PIC to save millions of dollars and be better prepared for the future," said RISI CEO Charles Rutstein.
PIC is an intuitive online platform, customized to the grades each user buys. It seamlessly integrates news and analysis, historic and forecasted prices, as well as supplier costs to provide a clear picture of regional and global paper markets.
"PIC was developed with the guidance of some of the largest consumer products companies in the world," said Iain Murray, Chief Technology Officer at RISI.
"We were fortunate to already have these companies as clients and have spent the last two years conducting market research to deeply understand their needs. Based on this extensive analysis, we are confident that PIC will help buyers find answers faster and make better purchasing decisions," continued Murray.
PIC provides buyers with expert support in 4 main areas:
- Developing advanced market expertise
- Applying insight to price negotiations
- Enhancing plans and forecasts
- Improving supplier analysis
The service offers comprehensive coverage of all major packaging, graphic and feedstock paper grades including: linerboard, corrugating medium, boxboard, kraft papers, graphic paper, specialty paper, recovered paper and pulp.
To learn more about the Packaging Intelligence Center please visit www.risi.com/buyers.
About RISI (www.risi.com)
RISI is the leading information provider for the global forest products industry. The company works with clients in the pulp and paper, packaging, wood products, timber, biomass, tissue and nonwovens industries to help them make better decisions.
Headquartered in Boston, MA, RISI operates additional offices throughout North and South America, Europe and Asia.
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