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What are the Industry Cost Profiles?

For many negotiations, it can be useful to have an insight into the cost structures of a 
particular supplier's industry. This can be made visible through the 'Industry Cost Profiles'. 

The Industry Cost Profiles represent an industry average of products produced in the chosen industry and chosen region or country. The data is categorized in the North
American Industry Classification System - Codes (NAICS). The data comes from annual reports from companies in those industries and countries. 

To gain insight into the desired 'Industry Cost Profiles', search the 'Products' category.

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At the top, you find your saved industries. If there are none, this field will be empty until an industry is saved. 

Below, you find the part 'Your search'. Here you can search all Industry Cost Profiles. Please click on '+ Add industries' to do so. 

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Please review our article 'How do I select an Industry Cost Profile' for more information.