Your CTRM system is the nerve centre of your business, compiling and analysing vast amounts of data to help you manage your risks more effectively, run your supply chain more efficiently, and choose the best suppliers and partners to work with. But before you can determine which CTRM system best suits your specific business requirements, you need to know what questions to ask.
In this feature article published in June 2014 by Commodities Now magazine, Gen10 CEO Richard Williamson identifies five specific criteria that will go a long way toward determining the success or failure of the system. The first and most important question you must ask any CTRM solutions provider is:
“What happens when my business needs change? How versatile and configurable is your software without reliance on customization, and then how quickly and cost- effectively can you add new functionality after the system has already been implemented?”
To find out why that information is so critical, and what other information you need to know to make a purchasing decision, read the full article now.
