Procurement Magazine October 2024 | Page 22

EXECUTIVE INSIGHT
HOW DOES CHEMANALYST ENSURE THAT ITS SUBSCRIPTION-BASED MODEL DELIVERS UP- TO-DATE AND ACCURATE MARKET INSIGHTS FOR ITS CUSTOMERS ?
Here are the strategies that ChemAnalyst uses to mark the credibility and effectiveness of the subscription-based model : First , the firm consolidates information from various credible sources such as industry reports , government databases and market surveys as well as conducting its own research . This data is also updated and re-verified with the help of different algorithms and techniques of machine learning to provide reliable information . Further , the data provided in ChemAnalyst is cross-checked by a team of analysts who keep themselves updated in the market . It also provides real time data feeds and automated alerts to update its subscribers over important changes in the market as and when they occur . Also , ChemAnalyst has several features , including coloured data representation , easy navigation and data filtering by the key parameters depending on the needs of the client . This approach ensures that the magazines get the independence to make the subscribers have real information hence making a right decision in their businesses .