Swedish company Bergs Timber has joined Baltic Rim Timber Price Index and Supply Chain Optimization service. These services, which will be available in Scandinavia and the Baltic Rim in the 1Q 2016, provide timber pricing, competitive indexing, and other analytics that can be used to extract value from the supply chain.

Lumber

Bergs Timber joined Baltic Rim Timber Price Index

Nov 25, 2015. /Lesprom Network/. Swedish company Bergs Timber has joined Baltic Rim Timber Price Index and Supply Chain Optimization service. These services, which will be available in Scandinavia and the Baltic Rim in the 1Q 2016, provide timber pricing, competitive indexing, and other analytics that can be used to extract value from the supply chain, as Forest2Market reported.

Bergs Timber owns three sawmills in southern Sweden and provides forest management and harvesting assistance to forest owners in the area. Peter Nilsson, CEO, believes subscribing to the benchmark will help his company as well as the entire market: “I firmly think that the information you can provide can help the Swedish and specifically the southern Swedish log market to change in a positive way. The index will provide the facts we need for planning and decision making, and it will also enable us to see the effects of any improvements we make on our competitive position.”

“There is a reason that Bergs Timber has been around for 100 years,” said Pete Stewart, President and CEO of Forest2Market. They’ve always responded to changes in the market with flexibility and new ideas, and this is no different. Being an early adopter of this service will give them a competitive advantage as they look toward a second century of providing value to their customers with high quality structural timber products and forest management and harvesting practices.”

Forest2Market’s Baltic Rim Timber Price Index will bring a new level of confidence and transparency to the forest products, timberland and bioenergy industries in the region. For the first time, buyers and sellers will be able to clearly and confidently compare performance to market, accurately assess market prices and build strong partner relationships, as well as define, measure and adjust strategic decisions based on actual, real-time and actionable data.