IT USE IN THE COMMODITY MARKET ANALYSIS

Abstract

Commodity market analysis that includes the competitive environment analysis made during a certain period of time is not an end in itself. It is supposed that some administrative or economic decisions are to be made in the end. The decisions should be made either to maintain the market situation or to change the competitive market environment. It means the commodity market analysis should be made at different time intervals twice. Firstly, it should be made when an administrative decision is made and, secondly, at the moment when the planned outcome is about to be reached. The analyst should have an easy-to-use tool for processing the data to keep him from double work. Automated commodity market analysis system (ACMAS) was created by one of the article authors. At the moment when it was invented it was seen as an application needed to manage the sales and production data generated by different entities (legal entities and individuals) that produced different goods on different territories. Therefore the system can be of interest for the analysts and the marketing people.