Muir AI and S&P Global Collaborate on Custom Cost Models

Muir AI and S&P Global Market Intelligence have announced a collaboration to deliver custom cost models for businesses worldwide, announced in a press release. This partnership aims to enhance procurement and product cost optimization by leveraging Muir AI's advanced proprietary modeling capabilities alongside S&P Global's extensive datasets.

The collaboration will provide businesses with comprehensive, tailored cost models that offer enhanced visibility into cost inputs such as direct materials, indirect expenses, and labor. This integration allows organizations to better anticipate market condition shifts and secure a competitive advantage in procurement.

By combining Muir AI's technology with S&P Global's data, the new offering will enable businesses to rapidly access custom cost models with precision, helping them track procurement trends, minimize risks, and capture optimization opportunities. This approach is designed to reduce bottom-line costs and support more impactful sourcing decisions.