Panjiva Honored for Innovation in Transforming Companies’ Supply and Demand Chains
Named to Supply & Demand Chain Executive 100 Listing of Industry Leading Providers
New York, May 17, 2010 –Panjiva, the leading source of objective information on global manufacturers, today announced that it has been named among the leading supply chain solution providers in the industry by Supply & Demand Chain Executive . The 9th annual Supply & Demand Chain Executive 100 recognizes solution providers and organizations for excellence in preparing the supply chain for the post-recessionary return to growth.
Panjiva was selected for its innovation in transforming its clients’ supply and demand chains as they face an entirely new set of challenges in a forever changed business landscape. The platform provides in-depth information on the 700,000+ suppliers and manufacturers from the 190 countries constituting the U.S. supply base, allowing executives to vet potential suppliers, keep tabs on competitors and avoid supply chain risk. Panjiva does the heavy lifting of integrating and analyzing several public and propriety supplier data sources so executives can focus on taking action.
“As the economy makes tentative steps toward recovery and growth, our readers are turning to Supply & Demand Chain Executive to learn about solutions and best practices for enabling business expansion through supply chain excellence,” said Andrew K. Reese, editor of Supply & Demand Chain Executive. “With this year’s Supply & Demand Chain Executive 100, we highlight a broad range of supply chain solution and service providers that are helping to position their customers for the ‘New Normal’ economic environment.”
This recognition underscores Panjiva’s role as an essential tool for supply chain executives who must operate in the post-recession age. The platform’s patent-pending algorithms enable it to organize extremely messy customs data, extract relevant information from the data, combine that data with a wide variety of other data sets, identify patterns in the combined data sets and present data-driven insight in unique, user-friendly ways.
“The past year was a rollercoaster for those engaged in global trade and even now there is still uncertainty about the promise of a full recovery in the near future,” said Josh Green, CEO, Panjiva. “We are pleased to be recognized for our efforts to arm sourcing executives with all the information they need to do their jobs effectively today and into the future. Recognizing that the global trade and supply chain environment is constantly changing, we will continue to always identify and integrate new data sources that can provide valuable information to users.”
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