A panel of judges selected Panjiva to partake in the Showcase due to its cutting edge platform that offers strong value and innovation to enterprises and other organizations. Additionally, judges were impressed with Panjiva’s rapid growth and clientele of leading retailers, apparel makers and manufacturers.
“We are pleased to award these top ten Innovation Showcase finalists, as their technologies represent cutting edge solutions with strategic value,” said David L. Verrill, executive director of the MIT Center for Digital Business, and the co-chair of the Innovation Showcase. “The Symposium provides these companies a foundation to demonstrate their solutions that are architecting the future of technology and creates an environment for valuable partnership opportunities.”
The Innovation Showcase will take place at 5:00 PM in the Kresge courtyard tent on Wednesday, May 22, 2013, at MIT, in Cambridge, MA. This event is part of the MIT CIO Symposium, the premier global event for CIOs and senior IT executives to become better business leaders. The annual event provides CIOs and senior IT executives with actionable information that enables them to meet the challenges of today’s changing global economy.
The full agenda of the MIT Sloan CIO Symposium is available at www.mitcio.com/agenda. For a full list of Innovation Showcase finalists visit http://www.mitcio.com/innovation.
]]>Panjiva’s work with ETCN is the first of its kind – and Panjiva’s integration of ETCN data is unique. With help from ETCN, we have integrated Chinese Trade Data into the 25+ other data sets that power Panjiva. It can be found within Panjiva company profiles, and panjiva subscribers can find companies ETCN-provided data by using Global Search. The data covers hundreds of thousands of companies operating in 17 industries, including textiles, apparel, furniture, autos and pharmaceuticals. This new data benefits buyers of all sizes, providing additional insight into existing trade-relationships as well as showing new companies previously unknown with the old customs-data universe.
Subscribers to Chinese Trade Data on Panjiva can now discover the following about cover Chinese suppliers:
- Shipments to and from every country around the world, including the U.S.
- Breakdown of the value of goods sent to each country
- Mode of transport, vessel, road, or air
- Enterprise type – state owned, private, and foreign invested
Chinese Trade Data is live on Panjiva, and accessible to members who have subscribed for access. Learn more about Chinese Trade Data and contact us to set up a demo. Panjiva’s mission is making it easier for companies of all sizes to do business across borders. We further the mission by bringing a whole new set of Chinese suppliers to Panjiva.
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What’s really got leprechauns leaping, however, is the rise of Jameson shipments: With 69 shipments of the whiskey coming in from December through February, this year marks an increase of a remarkable 430 percent from 2012, and a whopping 6800 percent from 2011.
While the reasons for the jump may remain unclear, it’s certain that this March 17th will be a merry one. Cheers!
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We’ve been rather outspoken at Panjiva that manufacturing is gradually transitioning away from China. In addition to moving to other Asian countries, it will also be moving to Latin America. For North American buyers in particular, Latin America is a viable option: buyers can source closer to home, the logistics are simpler, and much of the infrastructure and expertise is already in place. In fact, according to an HSBC analysis, U.S. imports from Mexico may soon exceed U.S. imports from China.
To support this shift in global trade, we’re proud to announce that we’ve added Latin America to Panjiva’s comprehensive customs data package.
This means access to a wealth of information—more than 60 million records—that will help buyers determine if Latin America may be a good sourcing destination for their business. Through Panjiva’s existing, intuitive search platform, customers can find the names of companies that are importing and exporting, product details, FOB values, and HS codes of products. The records cover ocean freight trade data as well as air and truck shipments dating back to 2007.
We are constantly on the hunt for new data that will help make global trade more efficient and more transparent. Last month, we announced a partnership with ThomasNet that finally put American manufacturers on Panjiva. Today, we add Latin American trade data for Chile, Colombia, Panama, Peru, and Uruguay (with more Latin American countries coming soon). But we’re not stopping there. We’re working on the latest—and arguably greatest—data set now that we’ll be unveiling right here in the weeks ahead. Stay tuned!
]]>The Great News for Buyers — and American Suppliers
ThomasNet, built on the foundation of Thomas Register, is industry’s platform for supplier discovery and sourcing of components, equipment, MRO products, raw materials and custom manufacturing services from suppliers in North America. Now we are working with ThomasNet to make suppliers on their platform available to buyers searching on Panjiva. Head over to Global Search and give it a try. Whether you’re searching for linear actuators, cranes, frp products pumps, valves or anything in between on Panjiva, you’ll see American suppliers (and some Canadian ones too) from ThomasNet in the search results mix. And, if you want to focus your Panjiva searches exclusively on American suppliers, you can do that too. That’s the great news for buyers.
Of course, this is also great news for American suppliers. American suppliers now have the opportunity to get in front of Panjiva’s 5,000 paying users, as well as the 1 million people who hit the free portion of our site each month. Did you know that 70% of Panjiva’s traffic comes from outside the United States? As a result of our partnership with ThomasNet, American suppliers are going to have an opportunity to get in front of buyers from all around the world. That’s the great news for American suppliers.
The Bigger Picture
We’ve all heard the speculation that American buyers are thinking hard about manufacturing closer to home. Certainly, some of Panjiva’s American buyers will now find it easier to find these closer-to-home suppliers. However, what we’re even more excited about is connecting American suppliers with overseas buyers. We believe that the future of American manufacturing depends on connecting with customers in growth markets all around the world. And so we’re incredibly excited to partner with ThomasNet in an effort to make these connections. In fact, according to ThomasNet.com’s Industry Market Barometer, nearly 7 out of 10 American manufacturers are selling overseas, and more than one-third of them plan to increase their international sales.
In the early days of Panjiva, we had access to data from the U.S. government that enabled us to profile suppliers from every country in the world except, ironically enough, America. More recently, we’ve been working to integrate additional shipping data that will enable us to profile American suppliers. However, to date, our efforts to make global trade more efficient and more transparent have had virtually no impact on an entire chunk of global trade — trade from America to the rest of the world. So frustrating! But today, thanks to our friends at ThomasNet, we’re taking a significant step forward in our efforts to connect global buyers with American suppliers. And we’re really fired up about it.
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Additional notes:
Due to changes in the reporting of the US Customs data that the Panjiva research team bases these assessments on, we are not able to provide information on number of manufacturers or active companies at this time. We are planning to reintroduce these metrics in 2013.
]]>Looking at year over year shipments for “halloween” related items, and “candy corns”, we see a softening:
The drop in candy corn imports to the US is especially severe, pointing to a true candy corn shortage. We checked in with Boston-based candy corn connoisseur Martin Clinton, who confirmed the dip in candy corn availability:
“Candy corn has been getting harder to find over the last two years. This year has been even more noticeable, with the added frustration that Brach’s candy corn in particular, has been especially difficult to find. In the past, it’s been everywhere: different supermarkets chains, as well as CVS, which has traditionally been filled with bags candy corn – and it’s chocolate and pumpkin cousins. This year, the Brach’s has been gone by early October and replaced with the ersatz store brand candy corn, which just can’t compare.”
There you have it folks. It’s a slightly less sweet Halloween this year.
h/t @martinclinton, our candy corn expert.
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The number of global manufacturers shipping to the U.S. went down — -4% — from August to September. August to September changes in previous years: -8% in 2011, -6% in 2010, -5% in 2009, -7% in 2008.
Additional notes:
- The percentage of significant manufacturers on the Panjiva Watch List remained steady at 19%.
- The percentage of significant buyers having done business with a Panjiva Watch List supplier in the preceding three months also remained at 26%.
Methodological notes:
- Manufacturers that have suffered a 50% or greater decline in volume shipped to American customers in the most recent three month period, versus the same period a year ago, are on the Panjiva Watch List.
- “Significant manufacturers” are companies that have sent 10 or more shipments to American customers within the last year. As of the end of August, there were
97,224 significant manufacturers. - “Significant buyers” are U.S. companies that have received 10 or more shipments from overseas manufacturers within the last year. As of the end of August, there were
83,108 significant buyers.
