Disruption and digital transformation in 2021
2020 has been a year of disruption. As we look to 2021 we expect it to be a year of digital transformation.
New eBook – Sustainability management in biomass procurement
Our latest eBook encourages all actors in biomass supply chains to consider how their commodity management software can help enhance transparency and improve procurement processes.
Why we shouldn’t talk about Ags and Softs CTRM
In the CTRM space, agricultural and soft commodities are often discussed under the generic “ags and softs” banner as if they had the same requirements and processes, but this clearly doesn’t reflect the subtleties and complexity of trading many of these commodities. It is time for organisations in these supply chains to stop accepting generic technology and to expect software providers are equipped to support the commodities they actually trade.
Metals trading, composite curves and CTRM
Metals and concentrates traders are highly creative when it comes to their strategies. They manage pricing based on a wide range of variables to ensure their customers are happy, their products are competitively priced and they maintain a profit margin – even at times when industry margins are tight. One of the ways this creativity is achieved is by maintaining optionality in selecting an exchange to price against or by basing pricing on multiple exchanges through different composite curves.
Traceability is coming to metals supply chains – are you ready?
Responsible sourcing and sustainability in metals are big news at the moment. The LME has announced several new initiatives recently, but these are only the latest in a series of developments in the ESG (environmental, social, governance) space that impacts the entire value chain of every metal.
The 5 pillars of a successful digital transformation
Until this year, issues with legacy CTRM systems were widely discussed at industry events and conferences but improvements have been slow to emerge. Now, with the disruptive events of 2020, businesses have no choice but to innovate, and are finding that when they do, not only is the implementation less challenging than they believed, but that the technology conveys far more benefits than they initially expected. As an example, below we explore what makes Gen10’s CommOS quick to implement and how it solves the challenges of data visibility, managing operations and mitigating risk.
CTRM users name Gen10 among market leaders
Of over 100 vendors recognised by CTRM users in a recent survey, Gen10 were named among the market leaders in a range of categories. Out of over 100 vendors named by a global audience, Gen10 were named among the top 20 market leaders overall, and among the top 10 market leaders for metals, based on the percentage of respondents who named each vendor as a market leader.
8 ways commodity management technology improves biomass supply chains
The list of reasons why biomass producers, traders and energy generators need to innovate and digitalise is continuously growing. The challenges of managing lifecycle greenhouse gas emissions, varying national regulations for forestry certifications, political and public interest in biomass subsidies and energy market changes have all been exacerbated further by the disruption to demand, supply and working habits in 2020.
Gen10 have previously explored these sustainability challenges and market changes impacting biomass supply chains, but the good news is that commodity management technology can help your business address them in a number of different ways.
ETOT shows digitalisation is going beyond trading teams
Gen10 recently sponsored ETOT, the energy trading operations and technology virtual conference. In the wake of the coronavirus pandemic, the event moved online for the first time, where, unsurprisingly, it was digitalisation that led the agenda. Digitalisation is the process of moving to a digital business, improving the way we do things with the support of new technologies. Below we summarise some of the key takeaways from the event.
Watch Now – DigiCom 2020: The Future of CTRM
In October 2020, Gen10 sponsored and participated in DigiCom, the commodity digitalisation forum. This year’s virtual event was particularly relevant given the unprecedented need for digitalisation in the wake of the Covid-19 pandemic reported by many speakers. Watch the Gen10 presentation from the event now.