Proactive supply chain management in metals is more important than ever for several reasons. These include; Continuing sanctions on Russia have curtailed supply, Disruption in the Suez Canal which is expected to last well into this year. Re-routing around South Africa is adding approximately 10 days onto journeys, reducing shipping availability and increasing costs with…
Cotton trading companies manage vast quantities of data across multiple teams and often, multiple systems. Manually managing these large data flows slows down operations and introduces a range of operational risks into the business, as well as making it more difficult to get the information needed for optimal decision-making. Many older CTRM systems contribute to…
Last week, we discussed some of the changes in the global shipping industry that are creating challenges for logistics professionals in commodity trading companies. Today, having explored the challenges, it is time to look at how they can be mitigated. Integrating the different teams within your organisation – logistics, risk, trading, and finance, helps the…
