For most raw materials and commodities, the supply chain is both long and complex. Increasingly, firms have been focusing on these supply chains in an effort to better control operational risks and exposures, but increased geopolitical and other risks have now served to sharpened that focus even further.
Issues like COVID-19 lockdowns and trade wars, for example, have meant that managing sourcing, movements, processing, production, procurement, contracts, storage and other activities along complex supply chains more effectively not only reduces costs and improves profitability, but also helps ensure business continuity. Meanwhile, although CTRM (Commodity Trading and Risk Management) software applications that help manage trades and the risks associated with trading are seen as critical, the broader commodity management aspects around managing the supply chain more effectively are rightly gaining in importance.
2. Commodity Management and Supply Chains A ComTechAdvisory Whitepaper
INTRODUCTION
For most raw materials and commodities, the supply chain is both long and complex.
Increasingly, firms have been focusing on these supply chains in an effort to better
control operational risks and exposures, but increased geopolitical and other risks
have now served to sharpened that focus even further.
Issues like COVID-19 lockdowns and trade
wars, for example, have meant that managing
sourcing, movements, processing, production,
procurement, contracts, storage and other
activities along complex supply chains more
effectively not only reduces costs and improves
profitability, but also helps ensure business
continuity. Meanwhile, although CTRM
(Commodity Trading and Risk Management)
software applications that help manage trades
and the risks associated with trading are seen
as critical, the broader commodity management
aspectsaroundmanagingthesupplychainmore
effectively are rightly gaining in importance.
9. ABOUT IRELY
iRely is a leading global supplier of innovative software
solutions that help its agriculture and consumer
products clients manage their core business
processes. Based on a single, modern and easy-to-use
platform, which can be easily configured to customer
requirements, iRely has attracted and retained a large
and referenceable customer base over its 30-year
history and developed a reputation for its laser focus on
customer success.
For more information, please visit
www.irely.com
10. ABOUT
Commodity
Technology
Advisory
LLC
Commodity Technology Advisory is the leading analyst organization covering the ETRM and
CTRM markets. We provide the invaluable insights into the issues and trends affecting the
users and providers of the technologies that are crucial for success in the constantly evolving
global commodities markets.
Patrick Reames and Gary Vasey head our team, whose combined 60-plus years in the energy
and commodities markets, provides depth of understanding of the market and its issues that is
unmatched and unrivaled by any analyst group.
For more information, please visit:
www.comtechadvisory.com
ComTech Advisory also hosts the CTRMCenter, your online portal with news and views about
commodity markets and technology as well as a comprehensive online directory of software
and services providers.
Please visit the CTRMCenter at:
www.ctrmcenter.com
19901 Southwest Freeway
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+420 775 718 112
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