This partnership enables Barchart to deliver Mintec data to customers providing enhanced insight and analysis of food and beverage price movements.
- Spencer Wicks
CEO of Mintec
How More Market Participants Access and Analyze Mintec's Food and Ingredient Data
Mintec enables the world’s largest food brands to implement more efficient and sustainable procurement strategies. They do this through their cutting-edge SaaS platform, Mintec Analytics, which delivers market prices and analysis for +14,000 food ingredients and associated materials. Mintec’s data and tools empower customers to understand supplier prices better, analyse their spend and negotiate with confidence.
Mintec was in search of a way for more market participants to be able to access and analyze food and ingredient data. They were looking for a partner to help them do this by providing them with a large, widespread audience. Since more and more people are looking to research both food and ingredient data and commodity data at the same time, the right partner would ideally have a large presence in the commodity space.
Mintec found that Barchart could provide them with an established, substantial audience full of commodity professionals through the Commodity Pricing Network (CPN). By joining the CPN, Mintec makes their trusted food and ingredient data available for users to access through cmdtyView Pro, cmdtyView for Excel, or through an enterprise data solution. With Mintec’s strategic sourcing and supplier price transparency, users are now able to analyze their spending more effectively, control costs, and make better ingredient purchasing decisions.
“Mintec is thrilled to partner with Barchart and become part of the growing Commodity Pricing Network,” said Mintec CEO Spencer Wicks. “This partnership enables Barchart to deliver Mintec data to customers providing enhanced insight and analysis of food and beverage price movements,” added Wicks.
“Mintec is a leading provider of analytics and data for global food prices, and we are very excited to partner with them and bring their data to our clients,” said Barchart CEO Mark Haraburda. “This partnership allows Barchart’s food and beverage clients to access and analyze Mintec’s data alongside our proprietary prices, commodity fundamentals, and global exchange data directly within cmdtyView Pro, which consolidates end user workflows into a single platform,” added Haraburda.
Being a member of the CPN allows Mintec to expose more users to their trusted food and ingredient data and allows them to analyze it alongside Barchart’s commodity data, simplifying the whole process for these individuals.
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