Title: PIERS Global Intelligence Solutions
1PIERS Global Intelligence Solutions
Joe Davis, Pacific Regional Sales Manager
2Agenda
- ABOUT PIERS-Company Overview
- PIERS TI Transactional Database
- PIERS Trade Profiles
3The commercial value of the right
information in the right place, at the right time.
4PIERS Company Overview
- Historical roots go back to the 1827 founding of
The Journal of Commerce by S.B. Morse. - PIERS was conceived as a information delivery
service. - PIERS was launched over 30 years ago as the JOCs
first venture into electronic information. - Today, PIERS is the primary source of U.S.
waterborne import-export trade data and a leading
provider of global intelligence.
5Data Collection
- Comprehensive, timely and accurate database of
trade data from manifests and bills of lading - New data loaded weekly from U.S. Customs
- Covers 48 ports in the U.S. including Hawaii,
Alaska P.R. - Over 15 million bills of lading collected
annually - Historical data available back to 1950
6PIERS adds value
- PIERS gathers and verifies all records for
accuracy and completeness. - PIERS translates the raw data into intelligible
shipping records in a format that has become the
industry standard. â - PIERS subjects its data to a series of audits,
and adds detail such as harmonized tariff codes
and estimated value of cargoes.
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7PIERS Adds Value
- AMS
- AES
- Direct Feed from carriers
- Manual collection at ports
- HTS and PIERS commodity coding
- Estimated Values
- TEUs and FEUs
- Company Name and Address
- Commodity Descriptions
- Names and dates are verified for each vessel
- Port status and logs audited against Lloyds
Voyage Record, Lloyds Ship Register, and Carrier
Schedules - Weekly audits conducted to identify and correct
incomplete or anomalous records - Monthly cargo volumes are vertified in
partnership with carriers and port authorities
- Our Data Sources
- Our Data Enhancements
- Our Data Standardization
- Our Quality Control
8Why Use PIERS
- PIERS database reveals the details of global
buying and selling to help companies find out - Who is buying and selling Consignee (importer)
name and address, notify party name and address,
shipper (exporter) name and address. - What goods are being transported and their
estimated dollar value Detailed commodity
description, harmonized tariff code, marks and
numbers and PIERS commodity description. Cargo
quantity/unit of measure, 20-foot equivalent unit
(TEU) count estimated value. - Where goods are being transported to and from
Country of origin, foreign destination, foreign
port name and code, U.S. final destination and
U.S. port name and code, arrival date and
departure date.
9Today, PIERS has 6,000 private- and public-sector
clients
- In the public sector
- Federal departments and agencies
- Regional, state and local government
- In the maritime sector
- Global container carriers
- Port authorities
- Ocean transport intermediaries
- In the commercial sector
- Fortune 1000s
- Trade associations
- Support services, e.g., trade financiers,
consultants, law firms - in more than 40 countries
- Fastest growing sector, PIERS Commercial has
grown 138 since 2002
10How Companies Use PIERS
- Global Market Opportunity
- Identify new markets and sales opportunities
- Uncover global sources of supply
- Monitor the competition
- Strategic Planning
- Forecast demand and support strategic planning.
- Project trade-patterns and deploy cargo-carrying
capacity - Measure market share and benchmark performance
against the competition - Legal
- See that branded products get to the markets they
were meant for (and detect when theyve been
diverted or counterfeited) - Monitor contract compliance
11TradeIntelligence_at_PIERS.com
PIERS offers its data in a suite of products to
help companies involved in international trade.
12PIERS Trade Profiles delivers
- For each of the 350,000 companies
- most active on both sides of U.S. import-export
trade - From PIERS The details of the most recent 12
months trading activities down to the
individual transaction plus - From DB The D-U-N-S Number-company
demographics (SIC, year started, number of
employees, sales volume, etc.), business
background information including standardized
name and address, decision-makers names and
phone numbers and available now! emailing
capability. - Single trading locations are linked up to their
Domestic Headquarter using the DUNS Numbering
system to give a complete view of a companys
trading activity. - DB D-U-N-S Numbers are proprietary to DB, are
licensed from DB and are for internal use only. - D-U-N-S is a registered trademark of DB.
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13Trade Profiles delivers
14Trade Profiles delivers
- Enables users to
- Look up companies by location, products, or
markets. - Identify buyers mainstay suppliers.
- Rank sellers by activity, volumes, estimated
values. - Filter results by demographic criteria.
- so they can
- Narrow-focus marketing.
- Map sales calls.
- Cross-sell their customer bases.
- Track their competitors.
See why more than 650 companies use PIERS Trade
Profiles!
15PIERS Global Intelligence
- Provides you with
- A complete source of timely, accurate data on
U.S. and international import and export markets - The most complete picture of whats happening in
your industry - More detail about international trade than any
other source in the world