future of operational risk

Operational risk in 2020: lessons from the last year

At Gen10, we believe that commodity management technology should help organisations manage operational risk to a far greater extent than many CTRM systems currently allow. We have been promoting the advantages of proactive operational risk through digital transformation for several years and so are delighted that 2019 was the year that operational risk was placed…

ctrm

There is no place for repository-style CTRM systems in today’s commodity supply chains

Commodity supply chains are under pressure. This is nothing new. But what is new is the scale of the challenges the industry is facing and the wide range of factors impacting on global commodities. From political uncertainty regarding trade tariffs, to changing consumer demand patterns and increased global competition, the price pressure is on the…

biomass supply chains

Biomass Sustainability: supply chains for 2020 and beyond

Environmental issues and climate change have played a larger role in the public consciousness in 2019 than possibly ever before. From Greta Thunberg’s Nobel Peace Prize nomination to the Extinction Rebellion protests that culminated in over 1,100 arrests in just one week in London, 2019 has been a year of climate activism. And within the…

assay management

Assays, Accounting and Auditing – Work Better. Together.

In concentrates trading (and indeed, trading for any commodity that includes quality premiums and discounts), managing assays and translating these into accounting and audit procedures are often some of the most difficult manual processes. Whilst this represents a challenge, it also means that these are the areas of opportunity where businesses could make some of…