Consumer Product (CP) and Industrial Manufacturing companies face significant challenges with commodity sourcing and procurement.
Unprecedented volatility in raw material prices is putting extraordinary pressure on forecasts and earnings for companies in the CP, food and beverage, and manufacturing industries.
In this webinar, industry expert Thad Malit, Deloitte, and Eka discuss how to:
- Eliminate the monthly “Spreadsheet Olympics"
- Manage budgets, forecasts, and coverage in real-time
- Run scenario analysis to optimize decision making
Download webinar recording: http://info.ekaplus.com/commodity-planning-procurement-webinar
Embedding RCSA into Strategic Planning and Business StrategyAndrew Smart
Embedding RCSA into Strategic Planning and Business Strategy
This presentation was prepared for the New Generation Operational Risk: Risk Culture and Business Conduct Behaviour conference in Helsinki, Finland.
In this presentation, Ascendore CEO, Andrew Smart outlines how to integrate Risk & Control Self Assessment into the Strategic Planning and Business Strategy.
Based on the Risk-Based Performance Management approach, during this presentation an integrated approach to strategy and risk management is outlined, with risk appetite playing a central role.
Having trouble with your enterprise risk management strategy? Map it.Andrew Smart
In 2016, it was estimated that 67% of well-formulated strategies failed due to poor execution and 1 in 3 business leaders rate their firm as poor or very poor at the implementation of strategy.
Like business strategy, the risk management strategy presents execution challenges for the CRO and Risk Management teams.
Paraphrasing the original article that introduced the Strategy Map, in the presentation, Ascendore CEO outlines how the Strategy Map can be used as part of an overall strategy management system to improve the execution of the risk management strategy. This presentation is based on an Ascendore customers use of the Strategy Map for Operational Risk Management.
Integrating Strategy and Risk ManagementAndrew Smart
"A Holistic Approach to Managing Risk amidst Global Uncertainty"
The RMA/Cass Business School
10–14 February 2013
Advanced Risk Management Programme
Organised by Andrew Smart & Nicholas Hawke
In today’s fast-moving, complex environment, risk executives must cultivate an understanding across all risks and businesses. Business problems are multifaceted, interrelated, and increasingly global. Executives must possess enhanced skills to identify and address a wide range of risks with an integrated approach and enterprise-wide perspective.
The RMA/Cass Advanced Risk Management Programme, led by the faculty at Cass, one of the UK’s top business schools, exposes participants to a rigorous, yet inspiring blend of theory, practice and cutting-edge research, instilling knowledge and skills applicable to the real world of global business. In addition to its focus on the known and quantifiable risks of credit, market, and operational, the programme concentrates on the unknowable and difficult to measure risks, including business, strategic, and reputation. Cass has excellent links to the City of London firms and institutions and is able to complement Cass faculty with guest faculty and senior level business practitioners, considered by their peers to be industry thought leaders
Areas of focus for The RMA/Cass Advanced Risk Management Programme include:
• Risk management as a strategic competitive strength
• An integrated approach to risk management
• Fostering a culture and climate that openly communicates risk
• A framework for rapidly responding to known risks and unraveling the complexities of the unknown
• A focus on risk informed by global perspectives.
Strategic Planning Society Webinar- Integrating Strategy and Risk ManagementAndrew Smart
• The credit crunch and its subsequent fall-out has rewritten the rules on strategy execution and risk management.
• The balanced scorecard and risk management approaches have evolved as silo processes over approximately 20 years – an approach that integrates both is a natural evolution.
• To effectively streamline management and regulatory reporting, organisations need to adopt an integrated framework, which covers strategy execution, risk management & compliance.
Governance Culture & Incentives- Fundamentals of Operational RiskAndrew Smart
Governance, Culture & Incentives. -Fundamentals of Operational Risk. This presentation provides some practical tools to answer three key questions and create alignment.
Embedding RCSA into Strategic Planning and Business StrategyAndrew Smart
Embedding RCSA into Strategic Planning and Business Strategy
This presentation was prepared for the New Generation Operational Risk: Risk Culture and Business Conduct Behaviour conference in Helsinki, Finland.
In this presentation, Ascendore CEO, Andrew Smart outlines how to integrate Risk & Control Self Assessment into the Strategic Planning and Business Strategy.
Based on the Risk-Based Performance Management approach, during this presentation an integrated approach to strategy and risk management is outlined, with risk appetite playing a central role.
Having trouble with your enterprise risk management strategy? Map it.Andrew Smart
In 2016, it was estimated that 67% of well-formulated strategies failed due to poor execution and 1 in 3 business leaders rate their firm as poor or very poor at the implementation of strategy.
Like business strategy, the risk management strategy presents execution challenges for the CRO and Risk Management teams.
Paraphrasing the original article that introduced the Strategy Map, in the presentation, Ascendore CEO outlines how the Strategy Map can be used as part of an overall strategy management system to improve the execution of the risk management strategy. This presentation is based on an Ascendore customers use of the Strategy Map for Operational Risk Management.
Integrating Strategy and Risk ManagementAndrew Smart
"A Holistic Approach to Managing Risk amidst Global Uncertainty"
The RMA/Cass Business School
10–14 February 2013
Advanced Risk Management Programme
Organised by Andrew Smart & Nicholas Hawke
In today’s fast-moving, complex environment, risk executives must cultivate an understanding across all risks and businesses. Business problems are multifaceted, interrelated, and increasingly global. Executives must possess enhanced skills to identify and address a wide range of risks with an integrated approach and enterprise-wide perspective.
The RMA/Cass Advanced Risk Management Programme, led by the faculty at Cass, one of the UK’s top business schools, exposes participants to a rigorous, yet inspiring blend of theory, practice and cutting-edge research, instilling knowledge and skills applicable to the real world of global business. In addition to its focus on the known and quantifiable risks of credit, market, and operational, the programme concentrates on the unknowable and difficult to measure risks, including business, strategic, and reputation. Cass has excellent links to the City of London firms and institutions and is able to complement Cass faculty with guest faculty and senior level business practitioners, considered by their peers to be industry thought leaders
Areas of focus for The RMA/Cass Advanced Risk Management Programme include:
• Risk management as a strategic competitive strength
• An integrated approach to risk management
• Fostering a culture and climate that openly communicates risk
• A framework for rapidly responding to known risks and unraveling the complexities of the unknown
• A focus on risk informed by global perspectives.
Strategic Planning Society Webinar- Integrating Strategy and Risk ManagementAndrew Smart
• The credit crunch and its subsequent fall-out has rewritten the rules on strategy execution and risk management.
• The balanced scorecard and risk management approaches have evolved as silo processes over approximately 20 years – an approach that integrates both is a natural evolution.
• To effectively streamline management and regulatory reporting, organisations need to adopt an integrated framework, which covers strategy execution, risk management & compliance.
Governance Culture & Incentives- Fundamentals of Operational RiskAndrew Smart
Governance, Culture & Incentives. -Fundamentals of Operational Risk. This presentation provides some practical tools to answer three key questions and create alignment.
Enterprise Risk Management and SustainabilityJeff B
An overview of our endeavors at implementing ISO 31000 enterprise risk management and the importance of establishing good risk culture within the company.
IFAC Senior Technical Manager Vincent Tophoff presentation during the Institute of Chartered Accountants of Pakistan's CFO Conference 2013, CFO: Meeting Future Challenges! Mr. Tophoff discusses current trends and thinking in risk management and best practices.
Enterprise Risk Management (ERM) is the process of planning, organizing, leading, and controlling the activities of an organization in order to minimize the effects of risk on an organization's capital and earnings.
Enterprise Risk Management expands the process to include not just risks associated with accidental losses, but also financial, strategic, operational, and other risks.
In recent years, external factors have fueled a heightened interest by organizations in ERM.
Industry and government regulatory bodies, as well as investors, have begun to scrutinize companies' risk-management policies and procedures.
In an increasing number of industries, boards of directors are required to review and report on the adequacy of risk-management processes in the organizations they administer.
Since they thrive on the business of risk, financial institutions are good examples of companies that can benefit from effective ERM.
Their success depends on striking a balance between enhancing profits and managing risk.
In order for any enterprise to properly, effectively, and prudently manage their future growth, Business Strategy needs to be sustained by modern Enterprise Risk Management (ERM) principles and practices.
The Enterprise Risk Management discipline is not anymore a separate management profession or kinky management way, but rather it is a core competency that all organizations and executives must have in this Global Age. It should be a way of life for all.
C-Suite’s Guide to Enterprise Risk Management and Emerging RisksAronson LLC
Significant opportunities remain for organizations to continue to strengthen their approaches to identifying and assessing key risks. This program will provide an overview of Enterprise Risk Management (ERM) best practices and current emerging risks that should be on your radar for 2018.
Watch the complete webinar here: https://aronsonllc.com/c-suites-guide-to-enterprise-risk-management-and-emerging-risks/?sf_data=all&_sft_insight-type=on-demand-webinar
Deloitte’s risk management philosophy – Risk Intelligence (RI), focuses on maintaining the right balance between risk and reward. Asking the right questions and finding effective answers to them is critical to developing the right risk management capabilities. Most organizations already have a multitude of Enterprise Risk Management (ERM) practices and processes to address risks but the lack of a strategic view to an ERM program, can expose risk management gaps and redundancies and prevent sufficient insight into key risk interdependencies
Third-Party Risk Management: Implementing a StrategyNICSA
Two Part Series: Part I of II
Third-Party Risk Management: Implementing a Strategy
Sleep Better at Night: Learn techniques to manage risks associated with third-party relationships.
Enterprise Risk Management and SustainabilityJeff B
An overview of our endeavors at implementing ISO 31000 enterprise risk management and the importance of establishing good risk culture within the company.
IFAC Senior Technical Manager Vincent Tophoff presentation during the Institute of Chartered Accountants of Pakistan's CFO Conference 2013, CFO: Meeting Future Challenges! Mr. Tophoff discusses current trends and thinking in risk management and best practices.
Enterprise Risk Management (ERM) is the process of planning, organizing, leading, and controlling the activities of an organization in order to minimize the effects of risk on an organization's capital and earnings.
Enterprise Risk Management expands the process to include not just risks associated with accidental losses, but also financial, strategic, operational, and other risks.
In recent years, external factors have fueled a heightened interest by organizations in ERM.
Industry and government regulatory bodies, as well as investors, have begun to scrutinize companies' risk-management policies and procedures.
In an increasing number of industries, boards of directors are required to review and report on the adequacy of risk-management processes in the organizations they administer.
Since they thrive on the business of risk, financial institutions are good examples of companies that can benefit from effective ERM.
Their success depends on striking a balance between enhancing profits and managing risk.
In order for any enterprise to properly, effectively, and prudently manage their future growth, Business Strategy needs to be sustained by modern Enterprise Risk Management (ERM) principles and practices.
The Enterprise Risk Management discipline is not anymore a separate management profession or kinky management way, but rather it is a core competency that all organizations and executives must have in this Global Age. It should be a way of life for all.
C-Suite’s Guide to Enterprise Risk Management and Emerging RisksAronson LLC
Significant opportunities remain for organizations to continue to strengthen their approaches to identifying and assessing key risks. This program will provide an overview of Enterprise Risk Management (ERM) best practices and current emerging risks that should be on your radar for 2018.
Watch the complete webinar here: https://aronsonllc.com/c-suites-guide-to-enterprise-risk-management-and-emerging-risks/?sf_data=all&_sft_insight-type=on-demand-webinar
Deloitte’s risk management philosophy – Risk Intelligence (RI), focuses on maintaining the right balance between risk and reward. Asking the right questions and finding effective answers to them is critical to developing the right risk management capabilities. Most organizations already have a multitude of Enterprise Risk Management (ERM) practices and processes to address risks but the lack of a strategic view to an ERM program, can expose risk management gaps and redundancies and prevent sufficient insight into key risk interdependencies
Third-Party Risk Management: Implementing a StrategyNICSA
Two Part Series: Part I of II
Third-Party Risk Management: Implementing a Strategy
Sleep Better at Night: Learn techniques to manage risks associated with third-party relationships.
Aligning strategy decisions with risk appetite
Presented by David Shearer
Monday 10th October 2016
APM North West branch and Risk SIG conference
Alderley Park, Cheshire
Eka's Grain Supply Chain Solutions helps companies increase efficiency and throughput at some of the largest and most sophisticated grain terminals and sites
Coffee Board members gain real-time, accurate prediction of weather, disease and pest risk so they can proactively address threats.
In addition, farmers can boost their incomes by accessing buyers around the world, thereby alleviating the need for agents.
The Insider’s Guide to Managing Agricultural Commodity Volatility with CTRM S...Eka Software Solutions
Explore how organizations exposed to agricultural price movements can improve their commodity operations and ensure they are taking advantage of cutting-edge technologies to maximize profitability.
View this recorded webinar to learn:
- How are trends in agribusiness impacting suppliers, producers, traders, and processors
- Why managing commodity price volatility is critical to stay ahead of competitors
- What solutions are required to succeed in modern ags markets
Download webinar recording: http://info.ekaplus.com/insiders-guide-ags-ctrm-software-recorded-webinar
The Revolution in Energy and the ETRM Software Requirements to Support Profit...Eka Software Solutions
Learn why extreme price volatility and new logistical requirements require next-generation ETRM software solutions.
In this webinar, featured guest speaker Bjorn Haglemann, MRE Consulting, and Eka discuss:
- Why first-generation ETRM software solutions cannot meet requirements
- How software will enable compliance with governmental and regulatory standards such as Dodd-Frank, ASC, FAS, IAS, and IFRS
- The top 3 ETRM software requirements for energy companies
- How to maximize profits with real-time scenario analysis
Download webinar recording: http://info.ekaplus.com/energy-revolution-etrm-webinar
Overcoming the Commodity Management Challenges in Metals & Mining Eka Software Solutions
Metals and mining companies today face several challenges in risk management, reporting, and operations.
In this webinar, industry expert Simon Reid, Everis, and Eka cover these topics:
- Best practices for creating effective hedging strategies that mitigate the effects of price volatility and energy costs
- The importance of managing both physical contracts and derivatives all in one advanced software platform
- Solutions for calculating an accurate metal balance in real-time
- How to maximize throughput with Smart CM for competitive advantage
Download webinar recording: http://info.ekaplus.com/metals-mining-webinar
Optimize Your Agriculture Supply Chain with Smart Commodity ManagementEka Software Solutions
Learn the top 5 challenges in agriculture trading, risk management, and supply chain management and how businesses can address these challenges.
In this webinar, Eka & AXCELERUS cover these topics:
- The top 5 pain-points in agricultural trading, risk management, and supply chain management.
- How businesses can address these challenges with an advanced commodity management software platform.
- The value of real-time intelligence and scenario analysis in managing trading, risk management and supply chain operations.
Download Webinar Recording: http://info.ekaplus.com/optimize-agriculture-supply-chain-recorded-webinar
Webinar: The Insider's Guide to ETRM Software Solutions in Volatile Energy Ma...Eka Software Solutions
View this presentation to learn:
How macro trends in oil, gas, and power are impacting traders and marketers
The value of unlocking data contained in ETRM software systems
How an ETRM software system can help your company improve trading, risk management, and compliance to become more profitable
Download the 45-minute webinar recording: http://info.ekaplus.com/insider-etrm-recorded-webinar
The Art of the Pitch: WordPress Relationships and SalesLaura Byrne
Clients don’t know what they don’t know. What web solutions are right for them? How does WordPress come into the picture? How do you make sure you understand scope and timeline? What do you do if sometime changes?
All these questions and more will be explored as we talk about matching clients’ needs with what your agency offers without pulling teeth or pulling your hair out. Practical tips, and strategies for successful relationship building that leads to closing the deal.
Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...Jeffrey Haguewood
Sidekick Solutions uses Bonterra Impact Management (fka Social Solutions Apricot) and automation solutions to integrate data for business workflows.
We believe integration and automation are essential to user experience and the promise of efficient work through technology. Automation is the critical ingredient to realizing that full vision. We develop integration products and services for Bonterra Case Management software to support the deployment of automations for a variety of use cases.
This video focuses on the notifications, alerts, and approval requests using Slack for Bonterra Impact Management. The solutions covered in this webinar can also be deployed for Microsoft Teams.
Interested in deploying notification automations for Bonterra Impact Management? Contact us at sales@sidekicksolutionsllc.com to discuss next steps.
JMeter webinar - integration with InfluxDB and GrafanaRTTS
Watch this recorded webinar about real-time monitoring of application performance. See how to integrate Apache JMeter, the open-source leader in performance testing, with InfluxDB, the open-source time-series database, and Grafana, the open-source analytics and visualization application.
In this webinar, we will review the benefits of leveraging InfluxDB and Grafana when executing load tests and demonstrate how these tools are used to visualize performance metrics.
Length: 30 minutes
Session Overview
-------------------------------------------
During this webinar, we will cover the following topics while demonstrating the integrations of JMeter, InfluxDB and Grafana:
- What out-of-the-box solutions are available for real-time monitoring JMeter tests?
- What are the benefits of integrating InfluxDB and Grafana into the load testing stack?
- Which features are provided by Grafana?
- Demonstration of InfluxDB and Grafana using a practice web application
To view the webinar recording, go to:
https://www.rttsweb.com/jmeter-integration-webinar
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...James Anderson
Effective Application Security in Software Delivery lifecycle using Deployment Firewall and DBOM
The modern software delivery process (or the CI/CD process) includes many tools, distributed teams, open-source code, and cloud platforms. Constant focus on speed to release software to market, along with the traditional slow and manual security checks has caused gaps in continuous security as an important piece in the software supply chain. Today organizations feel more susceptible to external and internal cyber threats due to the vast attack surface in their applications supply chain and the lack of end-to-end governance and risk management.
The software team must secure its software delivery process to avoid vulnerability and security breaches. This needs to be achieved with existing tool chains and without extensive rework of the delivery processes. This talk will present strategies and techniques for providing visibility into the true risk of the existing vulnerabilities, preventing the introduction of security issues in the software, resolving vulnerabilities in production environments quickly, and capturing the deployment bill of materials (DBOM).
Speakers:
Bob Boule
Robert Boule is a technology enthusiast with PASSION for technology and making things work along with a knack for helping others understand how things work. He comes with around 20 years of solution engineering experience in application security, software continuous delivery, and SaaS platforms. He is known for his dynamic presentations in CI/CD and application security integrated in software delivery lifecycle.
Gopinath Rebala
Gopinath Rebala is the CTO of OpsMx, where he has overall responsibility for the machine learning and data processing architectures for Secure Software Delivery. Gopi also has a strong connection with our customers, leading design and architecture for strategic implementations. Gopi is a frequent speaker and well-known leader in continuous delivery and integrating security into software delivery.
State of ICS and IoT Cyber Threat Landscape Report 2024 previewPrayukth K V
The IoT and OT threat landscape report has been prepared by the Threat Research Team at Sectrio using data from Sectrio, cyber threat intelligence farming facilities spread across over 85 cities around the world. In addition, Sectrio also runs AI-based advanced threat and payload engagement facilities that serve as sinks to attract and engage sophisticated threat actors, and newer malware including new variants and latent threats that are at an earlier stage of development.
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
Expansion of bot farms – how, where, and why
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/
Neuro-symbolic is not enough, we need neuro-*semantic*Frank van Harmelen
Neuro-symbolic (NeSy) AI is on the rise. However, simply machine learning on just any symbolic structure is not sufficient to really harvest the gains of NeSy. These will only be gained when the symbolic structures have an actual semantics. I give an operational definition of semantics as “predictable inference”.
All of this illustrated with link prediction over knowledge graphs, but the argument is general.
Essentials of Automations: Optimizing FME Workflows with ParametersSafe Software
Are you looking to streamline your workflows and boost your projects’ efficiency? Do you find yourself searching for ways to add flexibility and control over your FME workflows? If so, you’re in the right place.
Join us for an insightful dive into the world of FME parameters, a critical element in optimizing workflow efficiency. This webinar marks the beginning of our three-part “Essentials of Automation” series. This first webinar is designed to equip you with the knowledge and skills to utilize parameters effectively: enhancing the flexibility, maintainability, and user control of your FME projects.
Here’s what you’ll gain:
- Essentials of FME Parameters: Understand the pivotal role of parameters, including Reader/Writer, Transformer, User, and FME Flow categories. Discover how they are the key to unlocking automation and optimization within your workflows.
- Practical Applications in FME Form: Delve into key user parameter types including choice, connections, and file URLs. Allow users to control how a workflow runs, making your workflows more reusable. Learn to import values and deliver the best user experience for your workflows while enhancing accuracy.
- Optimization Strategies in FME Flow: Explore the creation and strategic deployment of parameters in FME Flow, including the use of deployment and geometry parameters, to maximize workflow efficiency.
- Pro Tips for Success: Gain insights on parameterizing connections and leveraging new features like Conditional Visibility for clarity and simplicity.
We’ll wrap up with a glimpse into future webinars, followed by a Q&A session to address your specific questions surrounding this topic.
Don’t miss this opportunity to elevate your FME expertise and drive your projects to new heights of efficiency.
Connector Corner: Automate dynamic content and events by pushing a buttonDianaGray10
Here is something new! In our next Connector Corner webinar, we will demonstrate how you can use a single workflow to:
Create a campaign using Mailchimp with merge tags/fields
Send an interactive Slack channel message (using buttons)
Have the message received by managers and peers along with a test email for review
But there’s more:
In a second workflow supporting the same use case, you’ll see:
Your campaign sent to target colleagues for approval
If the “Approve” button is clicked, a Jira/Zendesk ticket is created for the marketing design team
But—if the “Reject” button is pushed, colleagues will be alerted via Slack message
Join us to learn more about this new, human-in-the-loop capability, brought to you by Integration Service connectors.
And...
Speakers:
Akshay Agnihotri, Product Manager
Charlie Greenberg, Host
Transcript: Selling digital books in 2024: Insights from industry leaders - T...BookNet Canada
The publishing industry has been selling digital audiobooks and ebooks for over a decade and has found its groove. What’s changed? What has stayed the same? Where do we go from here? Join a group of leading sales peers from across the industry for a conversation about the lessons learned since the popularization of digital books, best practices, digital book supply chain management, and more.
Link to video recording: https://bnctechforum.ca/sessions/selling-digital-books-in-2024-insights-from-industry-leaders/
Presented by BookNet Canada on May 28, 2024, with support from the Department of Canadian Heritage.
Let's dive deeper into the world of ODC! Ricardo Alves (OutSystems) will join us to tell all about the new Data Fabric. After that, Sezen de Bruijn (OutSystems) will get into the details on how to best design a sturdy architecture within ODC.
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdf91mobiles
91mobiles recently conducted a Smart TV Buyer Insights Survey in which we asked over 3,000 respondents about the TV they own, aspects they look at on a new TV, and their TV buying preferences.
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdf
Gaining Greater Control Over Commodity Planning & Procurement for Manufacturers
1. Gaining Greater Control Over Commodity
Planning & Procurement for Manufacturers
Thad Malit,
Director Treasury & Commodity Risk
Management Consulting,
Deloitte & Touche
Michael Schwartz
Executive Vice President & Chief
Marketing Officer,
Eka Software Solutions
2. www.ekaplus.com
Agenda
2
Featured Speaker: Thad Malit, Deloitte
• Challenges facing organizations in the
current market environment
• How are these challenges impacting
companies?
• Benefits of an integrated approach
Eka Background and Solutions
• About Eka, Customers, Global Presence
• Next-Generation Smart CM Platform
• Eka.Commodity Planning & Procurement
3. www.ekaplus.com
Featured Speaker
3
Thad Malit
Director Treasury & Commodity Risk
Management Consulting, Deloitte &
Touche
• 18 years of experience in developing,
implementing and integrating commodity
risk management programs and solutions
for Deloitte & Touche clients
• BA, Economics, BS, Political Science
(University California Los Angeles)
• Leads the Commodity Risk Management
services for the US Audit & Enterprise Risk
Services (AERS) Consulting in the traded
commodity practice
4. Treasury & Commodity Risk Management
Challenges, Risks and Considerations for Consumer
Product (CP) and Industrial Manufacturing Companies
18. www.ekaplus.com
18
System Focus
• With commodity prices relatively stable since WWII
(1970s oil embargo not systemic), focus on supply
chain efficiency and cost reduction:
• Lean manufacturing
• Six Sigma quality programs
• Supply chain optimization
• Resulting in lower buffer inventory and
complex supply chains
• System investment to support above focus
• ERP, MRP, Purchasing Systems
• Commodity Management typically handled in multi-
tab, error prone spreadsheets
With 40-60% of costs in
raw materials,
packaging and energy
Systemic high
commodity volatility
Commodity
Management is the
Next Big Supply Chain
Issue
19. www.ekaplus.com
19
Timeline – ETRM to Smart Commodity Management
1990 2003
2003
2014
2008
2008 2014
ETRM
Energy Commodities
• Oil
• Power
• Natural Gas
Additional Commodities
• Ags
• Metals
• Biofuels
Broader Footprint
• Supply Chain
• Compliance
• Manufacturing
Data to Foresight
• Predictive Analytics
• Visualization
• Optimization
CTRM
CM
Smart CM
20. www.ekaplus.com
Eka Software Solutions: Company Profile
Position: Global leader in on premise & cloud served Smart Commodity Management solutions
Founded: 2004
Employees: 315
Global Offices: 7 offices. 3 development & support centers
• Americas: Stamford CT HQ, Calgary AB
• Asia Pacific: Bangalore India, Singapore, Adelaide & Perth AU
• Europe: London UK
Investors: Silver Lake Partners - GP Group - Nexus Venture Partners
Customer Base: >50 leading global enterprises on 4 continents
• Cargill, Rio Tinto, Mitsui, Bunge, BMA, EDF Trading, Graincorp, Viterra, Louis Dreyfus, Noble,
CBH, Mitsubishi, Pinnacle Foods, Twin Eagle, Boliden, Tata Steel
Solution: InSight Commodity Management (CM) Platform
• End to end financial and physical transaction management
• Cross asset trading and position management – Ags, Energy, Metals, and Bulk
• State of the art enterprise risk management
Commodity Analytics Cloud
• Analytics specific to commodities
• Multiple data sources internal and external to Eka
• Prebuilt and custom apps
20
21. www.ekaplus.com
Perth
Global Market – Global Customers – Global Engineering & Support
21
Singapore
London
New York
(CT)
Adelaide
Development & Support Centers
Bangalore
Eka Offices
Calgary
25. www.ekaplus.com
Management Overview
25
• Monitor critical areas of
business in real-time
• Leverage graphical insights to
optimize planning
• Use all types of graphical tools
(bar, pie, line, etc.) for best
analysis
• See reports at all levels and
share to permissioned groups
• Enable user-controlled
enhanced analysis
26. www.ekaplus.com
Coverage Insights
26
• View coverage - inventory,
physical forwards, and
derivatives combined
• See real-time updates to
coverage and where action
is required
• Simulate coverage under
various market conditions
• Create mark-to-market for
variance analysis
• Monitor coverage against
budget and forecast
27. www.ekaplus.com
Spend Analytics
27
• View detailed &
complete spend analysis
• Understand variances to
budget & forecast
• View historical trends,
current spend and
projected spend based
on what-if scenarios
• Analyze commodity &
secondary costs
• Drill by business units,
costs, buyers, etc.
28. www.ekaplus.com
Simulation and Scenario Analysis
28
• Analyze multiple predictors
of business results
• Run real-time, complex
scenarios
• Automate export to Excel
for additional analysis
• Simulate with user-
controlled, visual tools
• Understand likely spend vs.
budget or forecast
29. www.ekaplus.com
Supplier Performance
29
• Compare supplier
performance vs. plan
• Analyze performance trend
• Understand supplier
delivery timeliness with
quantity and quality
delivered
• Monitor supplier payment
terms vs. quantity
delivered
• Analyze supplier by
location, commodity,
grade, freight costs, etc.
30. www.ekaplus.com
Period to Period Changes
30
• Compare last year vs current
year
• Analyze any period to period –
annual, 2 year, month, etc.
• View real dollar change vs.
inflationary change
• Normalize for FX changes
• Understand changes by
business unit, location,
supplier, commodity, etc.
31. www.ekaplus.com
31
• S top the information Olympics - gain confidence in the data
• M onitor coverage in real-time and understand needed actions
• A nalyze performance versus market
• R un real-time, complex simulations and scenarios
• T rack variances from budget and forecast
• C ompare suppliers performance vs. plan and forecast
• M anage with real-time or near real-time decision making information
Compliance / Risk PolicyBenefits
Eka Delivers:
32. USA
Two Harbor Point Square
100 Washington Boulevard,
Stamford, Connecticut 06902
United States of America
T: +1.203.810.4250
EUROPE
2 Sheen Road
Richmond , TW9 1AE
United Kingdom
T: +44.208.973.2683
AUSTRALIA
Level 5 185 Victoria Square
Adelaide 5000 SA Australia
T: +61.0.4479.77831
SINGAPORE
17 Phillip Street
Grand Building 05-01
Singapore 048695
Tel No: +65.8363.2635
INDIA
Embassy Tech Village, Phase II
Aster Building 2A, East Tower
Devarabeesanahalli, Outer Ring Road
Bangalore 560 103 India
T: +91.80.40819200
CANADA
Suite 730, 734 - 7th Avenue SW
Calgary, AB , T2P 3P8
T: +1.403.237.7740
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