costdata
- Overview
- Data Pricing
- Data Reviews
- Competitors
- Learn More
- Overview
- Data Pricing
- Data Reviews
- Competitors
- Learn More
costdata Pricing & Cost
costdata has not published pricing information for their data services. This is common practice for data vendors and providers. Contact costdata to obtain current pricing.
costdata Reviews
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costdata Competitors & Alternatives
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SafeGraph
We are using safegraph data to research on the foot traffic of airports in the U.S. We find it very helpful with lots of documentation. The customer support is awesome. You can post in the slack channel and got a response very quickly
About costdata
costdata in a Nutshell
costdata is a data provider offering . They are headquartered in Germany.
Data Offering
Use Cases
Use Case - Compare metal prices (metal buyer)
Initial situation
Acustomer from the mechanical engineering industry received several offers for stainless steel components from different suppliers. As prices for metals fluctuate widely, it was unclear whether the prices offered were competitive. To ensure they were getting a fair deal, the customer decided to compare prices using costdata® market data.
Challenge
Oneof the quotes was €3.50/kg stainless steel. Without a reliable source of comparison, the customer could not be sure whether this price was in line with the market or whether he had room for negotiation.
Solution
By accessing the costdata® market data, the customer was able to immediately compare the quoted price with the current average prices on the market. He discovered that the average price for stainless steel in the database was €3.15/kg - the offer was therefore higher than the market price.
Result
Withthis knowledge, the customer went into negotiations and pointed out the market price difference to the supplier. This led to a successful price reduction of 10%, resulting in a new price of €3.15/kg. By using the costdata® data, the customer was able to strengthen its negotiating position and convince the supplier.
Conclusion
Thanks tothe precise data from the costdata® database, the customer was able to make a well-founded price assessment, avoid unnecessary costs and secure competitive pricing. In a short space of time, he achieved sustainable savings for his company.
Frequently asked questions about costdata
What does costdata do?
costdata provides precise solutions for product costing and cost optimization. With a unique database and software, we combine industry expertise with cutting-edge technology to support businesses in making informed decisions in procurement, R&D, controlling, cost engineering, sales and management.
What data does costdata offer?
Our database includes 33,000+ metals, 14,000+ plastics, 13,500+ machines, and global data on wages, overheads, and location factors. With monthly and quarterly updates, our data provides precise insights for cost benchmarking, supplier negotiations, and product costing across industries like automotive and consumer goods.
What are the best use cases for costdata’s data?
Use Case - Compare metal prices (metal buyer) Initial situation Acustomer from the mechanical engineering industry received several offers for stainless steel components from different suppliers. As prices for metals fluctuate widely, it was unclear whether the prices offered were competitive. To ensure they were getting a fair deal, the customer decided to compare prices using costdata® market data. Challenge Oneof the quotes was €3.50/kg stainless steel. Without a reliable source of comparison, the customer could not be sure whether this price was in line with the market or whether he had room for negotiation. Solution By accessing the costdata® market data, the customer was able to immediately compare the quoted price with the current average prices on the market. He discovered that the average price for stainless steel in the database was €3.15/kg - the offer was therefore higher than the market price. Result Withthis knowledge, the customer went into negotiations and pointed out the market price difference to the supplier. This led to a successful price reduction of 10%, resulting in a new price of €3.15/kg. By using the costdata® data, the customer was able to strengthen its negotiating position and convince the supplier. Conclusion Thanks tothe precise data from the costdata® database, the customer was able to make a well-founded price assessment, avoid unnecessary costs and secure competitive pricing. In a short space of time, he achieved sustainable savings for his company.