Commodity trade is essential for the excellent health of the economy at large. However, Commodity trading is the most complex business with high variables from the Demand and supply side, exerting cost pressures and thinning margins; therefore, it becomes essential to have efficient processes that are flexible to accommodate last-minute changes.
BaffleSol DCMS to manage trade and risk, with its tight integration with ERP, makes it a perfect tool to bring the entire commodity functions to one platform and communicate seamlessly throughout the supply chain, with role-based real-time visibility.
Leveraging the cloud for improved performanceCTRM Center
While delivery of applications and services in the cloud has been a part and parcel of business for over a decade, adoption of cloud-delivered CTRM applications (not to be confused with hosted solutions), has taken time to develop. However, the collapse in commodity prices and profitability over the last several years has incentivized firms in the commodities space to rethink their approach to acquiring and managing IT solutions.
With increasing market experience with these products, market activity over the last few years indicates that adoption of cloud CTRM solutions is increasing rapidly as the lower cost of entry, benefits of a pay as you go approach, and realization that the cloud can actually be more secure than on-premises, have all aided its growth.
Leveraging the cloud for improved performanceCTRM Center
While delivery of applications and services in the cloud has been a part and parcel of business for over a decade, adoption of cloud-delivered CTRM applications (not to be confused with hosted solutions), has taken time to develop. However, the collapse in commodity prices and profitability over the last several years has incentivized firms in the commodities space to rethink their approach to acquiring and managing IT solutions.
With increasing market experience with these products, market activity over the last few years indicates that adoption of cloud CTRM solutions is increasing rapidly as the lower cost of entry, benefits of a pay as you go approach, and realization that the cloud can actually be more secure than on-premises, have all aided its growth.
Pivotal CRM for Financial Services offers comprehensive, integrated, industry-specific capabilities that increase insight into operational performance, streamline processes across the firm, and improve responsiveness to client demands
Risk as a Service – The Next Thing in Affordable Corporate Risk Management?CTRM Center
In the past, the use of ‘sophisticated’ risk tools and metrics was considered the bailiwick of the very largest entities that could afford to develop and run with such an approach. Often they saw advanced risk analytics as offering them a strategic and/or competitive advantage in the market. Others in the commodities space simply could not afford to perform sophisticated risk analytics and anyway, they often didn’t have the skills onboard to perform, or even understand, them appropriately.
Some firms resorted to using more simplistic reporting of positions, or other metrics, to monitor ‘risk’ and/or used somewhat simplistic limits for various forms of market and/or credit risk. Often, the calculation of exposures, or at-risk capital, value or earnings, or PFE, took a great deal of time to compute and if something went wrong, like a missing price for example, the calculation might simply crash before completion. This meant that often, risk exposures were only accurate well after the fact and were never available to inform the business when needed.
Both CRM and ERP have one goal, to automate businesses and help companies all around the world become faster and more efficient and foster their growth. While both Customer Relationship Management (CRM) and Enterprise Resource Planning (ERP) are important for a business, let us take a look at some of the key differences between both.
Read the full blog here: http://suyati.com/crm-and-erp-know-the-difference/
Reach us at: jghosh@suyati.com
Vendor Landscape: CRM Suites for SmallEnterprises
Adopt a dedicated Customer Relationship Management (CRM) suite for
integrated automation of sales, marketing, and service processes. Be sure
you don’t cut corners when it comes to social media, it’s today’s true market
differentiator.
As warehousing becomes more complex, there is a need to automate all processes to align them with automation already taking place in supply chain management (SCM). Modern Warehouse Management System can help.
Read more from here.
#mrpeasy #manufacturing #manufacturingsoftware #supplychainmanagement #warehousemanagement #mrpsoftware #mrpsystem #erpsystem
Today business is made easy by the intergration of technology like use of computers and internet to quicken communication and reduce the risk of business. I had a chance of studying Enterprise business systems in the module of information technology and here I had an opportunity of going in depth what Oracle, SAP and other companies do, enjoy the slides!
How Cloud Computing Impacts Trade FinanceCognizant
Cloud computing can accelerate the recovery of trade finance, enabling banks to build a strong architecture for maximizing profitability by making such services more affordable and accessible to customers.
Outspread your hands to a wider range with the most innovative Engineering and Construction ERP software available in the market. ePROMIS Construction ERP Software is a comprehensive Enterprise Resource Planning software solution specially designed to cover the entire life cycle of a project. Business Intelligence capabilities of this fully integrated project based construction ERP software solution help construction and engineering companies to monitor, track, and analyze project performance at all times. Attain excellent process quality, optimization of resources, and cost control with real time information, and extensive reporting capabilities of this industry specific ERP software solution.
Managing Supply Chain Complexity and ExposuresCTRM Center
The supply chains for bulk commodities, including agricultural, metals/ores and some energies, are complex – usually necessitating transportation and storage using trucks, trains, ships, barges, pipelines, and terminals/storage facilities. These movements, and the assets utilized to make them, introduce and accumulate both cost and risk to the commodities owners with each step in the chain.
Additionally, as these commodities transit the supply chain, they may undergo changes that will impact their value, both as traded commodities and as a stock or inventory. These events can include transformations to finished products (such as refining crude oil into numerous petroleum products or grains milled into flour) and repackaging from bulk loads into smaller containers such as bags for wholesale or retail sales.
AspectCTRM is the only Web-based trade, risk and operations management solution.
Fuel Marketers can now benefit from this leading professional system with an efficient
and cost-effective way to manage streams of trading and transport activity. Traders, risk
managers, schedulers, procurement and back-office personnel rely on this comprehensive,
affordable solution.
Pivotal CRM for Financial Services offers comprehensive, integrated, industry-specific capabilities that increase insight into operational performance, streamline processes across the firm, and improve responsiveness to client demands
Risk as a Service – The Next Thing in Affordable Corporate Risk Management?CTRM Center
In the past, the use of ‘sophisticated’ risk tools and metrics was considered the bailiwick of the very largest entities that could afford to develop and run with such an approach. Often they saw advanced risk analytics as offering them a strategic and/or competitive advantage in the market. Others in the commodities space simply could not afford to perform sophisticated risk analytics and anyway, they often didn’t have the skills onboard to perform, or even understand, them appropriately.
Some firms resorted to using more simplistic reporting of positions, or other metrics, to monitor ‘risk’ and/or used somewhat simplistic limits for various forms of market and/or credit risk. Often, the calculation of exposures, or at-risk capital, value or earnings, or PFE, took a great deal of time to compute and if something went wrong, like a missing price for example, the calculation might simply crash before completion. This meant that often, risk exposures were only accurate well after the fact and were never available to inform the business when needed.
Both CRM and ERP have one goal, to automate businesses and help companies all around the world become faster and more efficient and foster their growth. While both Customer Relationship Management (CRM) and Enterprise Resource Planning (ERP) are important for a business, let us take a look at some of the key differences between both.
Read the full blog here: http://suyati.com/crm-and-erp-know-the-difference/
Reach us at: jghosh@suyati.com
Vendor Landscape: CRM Suites for SmallEnterprises
Adopt a dedicated Customer Relationship Management (CRM) suite for
integrated automation of sales, marketing, and service processes. Be sure
you don’t cut corners when it comes to social media, it’s today’s true market
differentiator.
As warehousing becomes more complex, there is a need to automate all processes to align them with automation already taking place in supply chain management (SCM). Modern Warehouse Management System can help.
Read more from here.
#mrpeasy #manufacturing #manufacturingsoftware #supplychainmanagement #warehousemanagement #mrpsoftware #mrpsystem #erpsystem
Today business is made easy by the intergration of technology like use of computers and internet to quicken communication and reduce the risk of business. I had a chance of studying Enterprise business systems in the module of information technology and here I had an opportunity of going in depth what Oracle, SAP and other companies do, enjoy the slides!
How Cloud Computing Impacts Trade FinanceCognizant
Cloud computing can accelerate the recovery of trade finance, enabling banks to build a strong architecture for maximizing profitability by making such services more affordable and accessible to customers.
Outspread your hands to a wider range with the most innovative Engineering and Construction ERP software available in the market. ePROMIS Construction ERP Software is a comprehensive Enterprise Resource Planning software solution specially designed to cover the entire life cycle of a project. Business Intelligence capabilities of this fully integrated project based construction ERP software solution help construction and engineering companies to monitor, track, and analyze project performance at all times. Attain excellent process quality, optimization of resources, and cost control with real time information, and extensive reporting capabilities of this industry specific ERP software solution.
Managing Supply Chain Complexity and ExposuresCTRM Center
The supply chains for bulk commodities, including agricultural, metals/ores and some energies, are complex – usually necessitating transportation and storage using trucks, trains, ships, barges, pipelines, and terminals/storage facilities. These movements, and the assets utilized to make them, introduce and accumulate both cost and risk to the commodities owners with each step in the chain.
Additionally, as these commodities transit the supply chain, they may undergo changes that will impact their value, both as traded commodities and as a stock or inventory. These events can include transformations to finished products (such as refining crude oil into numerous petroleum products or grains milled into flour) and repackaging from bulk loads into smaller containers such as bags for wholesale or retail sales.
AspectCTRM is the only Web-based trade, risk and operations management solution.
Fuel Marketers can now benefit from this leading professional system with an efficient
and cost-effective way to manage streams of trading and transport activity. Traders, risk
managers, schedulers, procurement and back-office personnel rely on this comprehensive,
affordable solution.
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.
Over the last several years, the phenomenal growth and expansion of wholesale commodity trading has begun to have a significant impact on both business practices and strategic thinking across commodity supply chains. Producers and processors of raw materials (commodities) and sellers of finished goods that rely heavily on commodity feed stocks have had to come to terms with a business environment of generally increasing and significantly more volatile prices for their raw materials. Despite some weakening in commodity prices on the back of a stronger dollar and increased supply recently, volatilities remain problematic and in the longer-term, prices will continue to increase as the global population continues to grow and as more of that population become consumers of goods.
With more complex business models, and ever more invasive regulators, the need to know that your systems and controls are in place, and are in action, has never been greater. Reporter MIS is a flexible and easy-to-use module for reporting across the Lombard Risk product range AND with external sources. It provides valuable business intelligence by combining risk and regulatory information in reports or on-screen dashboards, enabling well-informed business decisions to be made with confidence.
Capital market firms are making decisions on which business lines, asset classes and services to keep and operate and which ones to exit. Regulatory reform and the
clearing mandate are driving the firms to consolidate their traditional exchangetraded derivatives (Futures and Options) and OTC derivatives into a single clearing
business, even while bi-lateral, uncleared derivatives will continue to co-exist with cleared products.
Financial Institutions are more involved in credit derivatives than ever before making the management of credit risk ever more challenging. Escalating credit volumes and the breadth of new instruments traded have driven operational costs and risks significantly. Lombard Risk offers a complete global solution capable of handling a broad range of products to reduce costs, manage risk, and control a wide range of arbitrage opportunities.
Today, with the increase and monopoly of mobile devices, it is to be unstated that these CRM systems are all with mobility based support and mobility driven. Major users of any CRM system are going to be the business owners, management and the sales team / field staff.
As it incorporates a gamut of functions from business activity monitoring to performance management and business planning, business intelligence attracts a growing number of companies who earlier specialized in individual functions
The Evolution of Smart Commodity ManagementCTRM Center
Over the last twenty or more years, global wholesale commodity markets have grown and evolved substantially and in the process, a sizeable new software category has been established. That software category is widely known as Commodity Management (CM) software and, at the highest level, it can be defined as those software applications, architectures and tools that support the business processes associated with managing commodities. CM software therefore comprises a broad set of functions that can vary considerably depending on which commodities are traded, what assets are employed in the business, where those assets are located, and what the nature of the company’s business strategy and associated business processes. CM software continues to evolve quite rapidly in lockstep with the industry. In past years, CM focused squarely on trading and risk management as CTRM software, but in recent years it has been extended into the supply chain with solutions such as shipping and stockyard bulk handling, for example.
As the software category has evolved, so has the volume and nature of the data that the software captures, manipulates and stores. Today, big data is an increasingly important aspect of the commodity management world as vast quantities of many types of structured and unstructured data potentially hold the key to profitability and even survival of companies that sell or purchase commodities and raw materials. As a result, the requirements that users place on CM software are also changing from essentially an after the trade recording and reporting system, to one that provides real intelligence and value back to the business.
Commodity Trading and Risk Management in a Multi-asset Class PortfolioCTRM Center
After a period that saw commodity prices and volatilities broadly collapse, there is every indication that commodities are once again an attractive asset class. Prices and volatilities have been rising again across almost all commodities, and investors have been returning in droves. This was demonstrated by the S&P GSCI, having reached a low point in 2016, before climbing relatively steadily ever since. Meanwhile, low interest rates, solid economic growth across the globe and rising corporate earnings have hoisted equities to record levels early in 2018, before losing some luster recently. Commodities, the basic building blocks of civilized life, are again in demand – both from consumers as well as investors.
Brainum and Logic Vision developed a web-based IT solution to effectively manage all processes at a liquid bulk terminal, combining all operational, commercial, logistical and financial processes into one IT solution.
Revolutionize retail operations with Dynamics 365, the ultimate solution designed to elevate the business to new heights. Seamlessly integrate sales, customer data, and inventory management for unparalleled efficiency and customer satisfaction. Embrace innovation and stay ahead of the competition with Dynamics 365 for Retail.
Argility’s Point of Sale solution can be better described as
Point of Service, as it not only enhances in-store experience
for each customer; but it is also the bedrock of
delivering a full omni-channel experience.
Similar to BFS Commodities Management Solution (20)
This training program is designed for fresh graduates or student in their final semester. This is a 6 month internship program for IT and Finance students
Agile/Scrum best Practices to improve quality.If some testing finds some defects, lot of testing would find lot of defects and improve quality. This presentation talks about few testing best practices that an agile team should follow for quality PI.
- Understand the principles behind the agile approach to software development
- Differentiate between the testing role in agile projects compared with the role of testers in non-agile projects
- Positively contribute as an agile team member focused on testing
- Appreciate the challenges and difficulties associated with the non-testing activities performed in an agile team
- Demonstrate a range of soft skills required by agile team members
In his public lecture, Christian Timmerer provides insights into the fascinating history of video streaming, starting from its humble beginnings before YouTube to the groundbreaking technologies that now dominate platforms like Netflix and ORF ON. Timmerer also presents provocative contributions of his own that have significantly influenced the industry. He concludes by looking at future challenges and invites the audience to join in a discussion.
Elevating Tactical DDD Patterns Through Object CalisthenicsDorra BARTAGUIZ
After immersing yourself in the blue book and its red counterpart, attending DDD-focused conferences, and applying tactical patterns, you're left with a crucial question: How do I ensure my design is effective? Tactical patterns within Domain-Driven Design (DDD) serve as guiding principles for creating clear and manageable domain models. However, achieving success with these patterns requires additional guidance. Interestingly, we've observed that a set of constraints initially designed for training purposes remarkably aligns with effective pattern implementation, offering a more ‘mechanical’ approach. Let's explore together how Object Calisthenics can elevate the design of your tactical DDD patterns, offering concrete help for those venturing into DDD for the first time!
State of ICS and IoT Cyber Threat Landscape Report 2024 previewPrayukth K V
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The latest edition of the OT/ICS and IoT security Threat Landscape Report 2024 also covers:
State of global ICS asset and network exposure
Sectoral targets and attacks as well as the cost of ransom
Global APT activity, AI usage, actor and tactic profiles, and implications
Rise in volumes of AI-powered cyberattacks
Major cyber events in 2024
Malware and malicious payload trends
Cyberattack types and targets
Vulnerability exploit attempts on CVEs
Attacks on counties – USA
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In-depth analysis of the cyber threat landscape across North America, South America, Europe, APAC, and the Middle East
Why are attacks on smart factories rising?
Cyber risk predictions
Axis of attacks – Europe
Systemic attacks in the Middle East
Download the full report from here:
https://sectrio.com/resources/ot-threat-landscape-reports/sectrio-releases-ot-ics-and-iot-security-threat-landscape-report-2024/
Welcome to the first live UiPath Community Day Dubai! Join us for this unique occasion to meet our local and global UiPath Community and leaders. You will get a full view of the MEA region's automation landscape and the AI Powered automation technology capabilities of UiPath. Also, hosted by our local partners Marc Ellis, you will enjoy a half-day packed with industry insights and automation peers networking.
📕 Curious on our agenda? Wait no more!
10:00 Welcome note - UiPath Community in Dubai
Lovely Sinha, UiPath Community Chapter Leader, UiPath MVPx3, Hyper-automation Consultant, First Abu Dhabi Bank
10:20 A UiPath cross-region MEA overview
Ashraf El Zarka, VP and Managing Director MEA, UiPath
10:35: Customer Success Journey
Deepthi Deepak, Head of Intelligent Automation CoE, First Abu Dhabi Bank
11:15 The UiPath approach to GenAI with our three principles: improve accuracy, supercharge productivity, and automate more
Boris Krumrey, Global VP, Automation Innovation, UiPath
12:15 To discover how Marc Ellis leverages tech-driven solutions in recruitment and managed services.
Brendan Lingam, Director of Sales and Business Development, Marc Ellis
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While the dev and ops silo continues to crumble….many organizations still relegate monitoring & observability as the purview of ops, infra and SRE teams. This is a mistake - achieving a highly observable system requires collaboration up and down the stack.
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LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...
BFS Commodities Management Solution
1. Sourcing
d
5432 Any Street West
Townsville, State 54321
Dynamic Commodity Management Solution
An ERP+CTRM solution on Microsoft Dynamics
D365
• Real time insights
o Real time dashboards
o Right decision at right time
• Common database
o Operational transparency
o Efficient processes
• Business Intelligence (BI) module
o Real time dashboards
• 360 degree View of Business
o Inventory
o Logistics
o costs
• Flexible for last minute changes
o Allocations
• Finance integrated
o Position Management
o Borrowing base
o Bank/Cash Management
COMPANY
REAL ESTATE COMPANY
REAL ESTATE
Sourcing Inventory & Warehousing
Trading
Physicals/ Futures/ Forex
Procurement
Shipping &
Logistics
2. Contract Managemet
Cost Managemrnt
Inventory Management
Risk Management
Key Features
We have Commodity Trade and Risk Management software (CTRM) already; why do I need DCMS?
DCMS is the BIG change that the commodity industry needs today! let us explain:
Any stand-alone CTRM would take care of trading, supply chain and logistics but in silos. The basis for every trader is
their position. Experts from various functions enter information into the system in multiple formats, at different time
zones, different locations, and languages, primarily all critical information is primarily locally stored. It is usually
challenging to collate this data in real-time for decision making and planning, not giving an absolute position to the
trading company. With DCMS, supporting multi-location, multi-language, multi time-zone capabilities clubbed with one
place storage of all data related to trade, contracts, finance, deliveries, costs, prices; It gives real-time position to the
trading company, which is critical to gain a competitive edge, mitigate risks.
DCMS brings in trade management solution and all ERP functions, including contract management, procurement,
production, logistics, inventory management, assays/chemical analysis, pricing & fixation, hedging, settlements, and
accounting. This solution provides real-time insights on trading, logistics, and finance. Now, since all the data is stored
in one system, users can retrieve the information from the system they find essential by using integrated Power app
modules or reporting tools. Management can view graphical reports and dashboards to make better business
decisions. While in traditional CTRM systems that are not integrated with ERP. DCMS accelerates your strategy of
“Farm to Contract”.
What is Dynamic Commodity Management Solution?
Highly Secure Dynamic Commodity
Management Solution
Commodity trade is essential for the excellent health of the economy at large. However, Commodity trading is the most
complex business with high variables from the Demand and supply side, exerting cost pressures and thinning margins;
therefore, it becomes essential to have efficient processes that are flexible to accommodate last-minute changes. With
Commodity trade companies becoming large and complex with Vertical and Horizontal supply chain integration, it has
become critical to have a tightly integrated holistic solution. That gives these companies better control and visibility of
costs, prices, quality, risks, inventory, finances to react to fluctuations and plan a winning strategy quickly.
BaffleSol DCMS to manage trade and risk, with its tight integration with ERP, makes it a perfect tool to bring the entire
commodity functions to one platform and communicate seamlessly throughout the supply chain, with role-based real-
time visibility.
- Azure AD SSO
-Role Based Access
-Audit Log
-Electronic Signature
BaffleSol DCMS
DCMS gives you
➢ Competitive edge
➢ Better visibility of logistics
➢ Better control of supply chain
➢ Reduced Risks
Futures and Forex
Reporting
Sales Contract
Shipping and Logistic
Invoicing
Procurement Management
3. I have a Commodity Trade and Risk Management software (CTRM) already, why do I need DCMS?
DCMS is the BIG change that commodity industry needs today ! let us explain
Any stand alone CTRM would take care of trading, supply chain and logistics but in silos.The basis for every trader is
its position. Experts from various functions are entering information into the system in various formats, at different
time zones, different locations and different languages, mostly all critical information is locally stored. It is usually
difficult to collate this data realtime for decision making and planning, not giving real position to the trading company.
With DCMS, supporting multi location, multi-language, multi timezone capabilities clubbed with one place storage of
all data related to trade, contracts, finance, deliveries, costs, prices; It gives real time position to the trading company
which is critical to gain competitive edge, mitigate risks.
DCMS brings in trade management solution and all ERP functions, including contract management, procurement,
production, logistics, inventory management, assays/chemical analysis, pricing & fixation, hedging, settlements, and
accounting. This solution provids real-time insights on trading, logistics, and finance. Now since all the data is stored
in one system, users can retrieve the information from the system that they find essential by using integrated Power
app modules or reporting tools, with management able to view graphical reports and dashboards to make better
business decisions. While in traditional CTRM systems that are not integrated with ERP.
DCMS accelerates your strategy of “Farm to Fork”.
WE’VE WORKED WITH A DIVERSE CUTOMER BASE. HOW CAN WE HELP YOU?
.
A complete solution that work for your commodity business.
solutions for
your trading needs
M2M:-
Mark to-Market (M2M) principle is
typical for the commodity trading
market; it is the signed contracts'
value at the current market price.
You can now generate monthly,
weekly, or even daily basis the value of
the open contract at the market price
as of that moment.
Also, the P&L can be generated to
decide quickly if a transaction was
profitable or not on a company level, a
department level and even on the
individual trader level.
Workflows:-
DCMS lets you set up workflows for
any function and link them to the
rights of a user.
User-based Roles and responsibilities
for trading, logistics, and financial
processes ensure the assignment of
duties to check unauthorized access
to contracts, invoicing, and trading
positions, thereby maintaining critical
information security and
confidentiality.
Contracts to derivatives:-
Linking the contracts to derivatives provides the
necessary transparency and insight into the risk
position of the trader. This is very useful
information not only for the trader, but also for
other departments and for audits. changes in the
position form a trigger for the report or alerts that
the trader reminds to take action. It shows real-time
data, so action can be taken immediately in case of
i.e. market fluctuations. Whether it concerns
futures, options, forex or forex options, all types of
derivatives can be handled by the system.
Flexibility to multiple
Allocations:-
A commodity goes through various allocations from
the trade to logistics to final delivery.
Allocations could be 1:1, 1:n, n:n, however this can
change any time , thus commodity industry needs a
solution flexible to accommodate multiple
allocations and that’s what DCMS does effortlessly.
Integrated solution with automation and BI's power is essential to gain real-time insight
into the contracts, costs, margins, trade positions, logistics performance and the key
financial figures. custom-made software for CTRM, non-integrated CTRM and ERP
solutions and the frequently used spreadsheet applications offer an insufficient solution
to support commodity traders and manufacturers with their trading effectively.
department.
4. Risk Management
Commodities can be traded in the cash
(spot) market and the futures market. With
the futures market, trading involves future
obligations to make or take delivery at a
future date. However, there are risks
involved in the trade of commodities. huge
price fluctuations adversely affect the
commodity market as become more
complex by the day.
commodity risks involve:
• Price risks
• Quantity Risk
• Cost risk
• Regulatory risk
Having the relevant risk management
framework with the right people with the
right tools, provides a clear vision of the
state of the business and the risks
associated with the trading
Managing commodity risk is a complex task
with enormous amount of data to process.
Bafflesol ERP+CTRM called DCMS can
process tons of data with the Help of
BaffleSol-DCMS
Against a backdrop of price
volatility, cost pressures and
competition, commodity trading
firms are experiencing
challenging times. Despite this,
many firms are still relying on
traditional, manually intensive
methods to evaluate and
respond to risk. In this
increasingly competitive and
volatile environment, holistic
credit risk management is an
important component of
industry best practice.
Commodity trading firms must
be prepared to respond quickly,
while still planning for the future.
They also need to balance the
need for increased efficiency
with the risk of excessive cost
cutting. DCMS is built on the
latest technology and is designed
to help our clients improve their
risk management capabilities,
enhance operational efficiencies,
and reduce costs.
BaffleSol’s DCMS which
combines all functionalities of an
ERP to effortlessly communicate
with the CTRM system making it
a high performance, scalable and
intuitive solution that will
seamlessly integrate with a firm's
existing processes and systems.
It is designed to help reduce risk
and operational complexity with
more accurate analytics,
consolidated reporting, and
simplified data management.
Automating these processes
reduces costs, improves
efficiencies, and allows firms to
respond faster to credit events
to mitigate losses.
PowerBI tools and Power Apps with best UI
experience with live dashboards that can
develop a matrics by configuring various
risk factors like Mark to market, realized
profits and losses, and my more such to
make data centric predictive models to
mitigate risks.
Contract Management
The challenge trading institutions now face
is that so much information has to be
gathered together from various places and
owners to create a ‘good’ contract be it
forward or future. Standard office software
helps but requires significant effort to
manage and communicate change and
offers no visibility to the process.
The digitalization of Contract Management
is allowing experts in various fields to
collaborate real time with marketing teams
to create a more
reliable and efficient environment in
which to trade and distribute
commodities.
“The benefits of using technology
are many and diverse, primarily
speed, accuracy, security,
transparency, compliance, scale
and flexibility.”
- Vikas Garg, CTO, BaffleSol
Cost Management
The primary role of commodity trading
firms is to identify and optimize those
transformations. An important
determinant of the optimization process
is the cost of making the
transformations. These costs include
transportation costs (for making spatial
transformations), storage costs
(including the cost of financing
inventory), and processing/refining
costs. These costs depend, in part, on
constraints/bottlenecks in the
transformation processes. All else equal,
the tighter the constraints affecting a
particular transformation process, the
more expensive that transformation is.
price levels affect the profitability of
commodity trading primarily through
their effect on the cost of financing
transactions, and their association with
the volume of transactions that are
undertaken.
DCMS gives you complete visibility of
every step-in commodity transformation
to have accurate cost and price
structures.
5. Is your enterprise struggling to
compete due to archaic systems?
We bring best of ERP and CTRM
to help you manage risk and gain
competitive edge.
Client 1:-
Client is one of the world’s largest commodity company
with operation in almost all major countries and clients
all over the world. Client was unable to track their
movement of raw materials, optimize inventory levels,
and synchronize supply with customer demand.
Solution:-
We were able to help their coffee business by
configuring global SCM & Cost management
process/solution in the system to focus on any
aspect of supply chain operations,
transportation and inventory tracking and
enablement of frequent cost control targets.
Result:-
This helped them to update no lag information
system and better tracking of differentials and
costing for improved profits.
Client 2:-
Client was one of the leading Merchant and
Processor of Agricultural Goods. E-invoicing
GST data was manual and coffee chain is not
mapped and managed differently in the
warehouses.
Solution:-
We were able to help them by moving their
whole operation and order flow on Microsoft
Dynamics AX, ERP, helped streamline business
to have better control on purchase cycle start
from bidding to final payment and better
transparency for warehouse and inventory.
Result:-
This helped business to have better control on
warehouse management.
BaffleSol Technologies Pvt.Ltd.
Website:- www.bafflesol.com
Email:- siddharth.sharma@bafflesol.com / info@bafflesol.com
Contact:- +91 – 9884 84 0736