Friday, October 23, 2009

Amy Checks In With a Panjiva.com

Amy tipped me off to Panjiva.com, a sort of new alibaba.com My criticism with sites like this is they want to do too much, and their model needs big biz or big money startups.... anything useful they have you can get for free elsewhere...

Most obnoxiously, Panjiva announces on its sight that panjiva "announced an exclusive relationship with deKieffer & Horgan that will make it easier for participants in global trade to steer clear of counterfeiters, diverters, and other companies engaged in illicit activities." How weird... a world trade sight that is against free trade! Wait a minute, these guys are graduates of Harvard and MIT, so of course they are against free trade. Never mind.


1 comments:

Unknown said...

John, thanks for the opportunity to respond.

A few years ago, I was looking for a new supplier, and I found lots of freely available information on sites such as Alibaba.com. The problem was that most of this information came from the suppliers themselves, and I didn't feel comfortable relying on this information when making critical business decisions. That's why I co-founded Panjiva -- to pull together objective, reliable information that would ultimately reduce the cost of doing business across borders.

So far, we've negotiated access to about a dozen data sources, providing a one-stop shop for the information you need to do your research on suppliers. Our clients -- big and small -- find that it's worth paying a modest amount to get accurate information about who suppliers are working with, how financially healthy they are, what certifications they have, etc. Because, ultimately, Panjiva significantly reduces the time and expense of finding new suppliers. However, if you're still skeptical, try out the free version at http://panjiva.com/search. Please email me directly (josh@panjiva.com) with your feedback!

A final note: we believe firmly that transparency is the key to increasing the efficiency and expanding the benefits of global trade. After all, efficient markets demand perfect information. If you disagree, you probably won't like Panjiva very much. But if you agree, then I ask for your help. Tell us how what else you'd like to see at Panjiva, and we'll do our best to make it happen.

Josh Green
Co-Founder and CEO, Panjiva