Thinking Cap Solutions, Inc.
(TCS) is an applied economic research company
started in 1994 with the goal of developing a new generation of business information
products. To date, TCS has been primarily focused on providing cost escalation
analysis tools for professional purchasers and finance executives. In fact,
PURCHASING Magazine's Strategic Cost Insights back page is authored by the
editors of TCS. TCS's staff
of economists have worked for McGraw-Hill/Data Resources Inc.'s (DRI) Cost
Information Service; DRI's Macroeconomics group; Cahners Economics' manufacturing,
electronics and constructions groups; and the MAXIMA Corporation. Their
staff has also had extensive experience in business reporting and has contributed
articles to Purchasing, Logistics Management and Distribution Report, Electronic
Buyers News, Electronic Business, Plant Engineering, Modern Materials Handling
and other trade magazines.
The two principals, Victor Maliar and Elizabeth
Baatz, together have more than 30 years of experience in business economics.
As the economics editor for an electronics industry trade journal, Ms. Baatz
created the Electronic Business Leading Indicator and was responsible for
translating economics into business action for readers. She is now the
Executive Editor of the ICE-Alert report.
Victor Maliar has been a builder of cost
escalation tracking and forecasting models and has done custom cost analysis
for a variety of Fortune 1000 companies and government agencies.
In 1994, Mr. Maliar founded Thinking cap Solutions Inc. His econometrics
and statistics background and his knowledge of the procurement function helped
him to create the Thinking Cap Solutions' ICE-Alert model of industry price/cost/demand
metrics.
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