Sustainability is one of the main challenges faced across the biomass supply chain. Savvy consumer demand and political influence impact on this sector more than possibly any other commodity, and a breakdown in traceability can mean both reputational damage and the withdrawal of critical subsidies. Due to the serious nature of these traceability risks, meeting sustainability reporting requirements can be one of the more onerous tasks facing stakeholders in the biomass supply chain.[...]
Every commodity business is different depending on your supply chain position, commodity and internal processes. Gen10 understand how important it is to support these differences in our technology, and we have developed our entire approach to ensure any Gen10 apps you implement have the flexibility to work with the realities of your day-to-day activities.[...]
Organisations using legacy CTRM and ETRM technology are often missing out on a wide range of business opportunities due to a lack of agility and poorer data visibility than their competitors. As margins continue to decrease, creating faster trade cycles and generating more value from every trade are more important than ever, and it is the organisations undergoing digital transformation that stand to create this value.[...]
These interviews were recorded at ComRisk2019, where Gen10 and Barry Gould, CTO at Concord Resources, presented a case study session exploring how to ensure a successful CTRM implementation. The Gen10 team would like to thank the ComRisk organisers, Barry Gould, and Phil Culbert from KPMG for making this session happen.
For many large enterprises, ERP is seen as a core technology that enables faster reporting and processing across different departments; linking operations, accounting, customer service and more. Yet due to their scale and broad coverage, many people we speak to find that their ERP does not provide the best commodity management solution for their business.[...]
Although CTRM and ETRM systems have many features in common, and are often referred to as E/CTRM, each system is designed to solve different problems, and as such, can sometimes leave businesses without all the functionality they need to truly get the most out of their technology investment.[...]
The striking lesson of ComRisk 2019, held in London this May, is that operational risk is now one of the key topics in the risk management conversation and can no longer be ignored. Comparing this year’s event to even recent ComRisk Forums highlights how quickly operational risk is rising in importance, and we expect it to form a crucial part of the risk management agenda moving forward.[...]
Richard Williamson, Founder and CEO of Gen10 will be exploring how to manage a successful CTRM implementation with senior risk managers and experts at ComRisk 2019 on 21 May. We are delighted to announce that Richard will be joined by Barry Gould from Concord Resources Limited, who will be sharing his own experience of working with Gen10 and his tips for rising to the challenges of a large-scale technology implementation.[...]