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.
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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.
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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.
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In this instalment of our Work Better. Together series, we are exploring how software can help refined metals and concentrates traders reduce operational risk, improve efficiency and reduce errors and omissions.
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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.
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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.
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This interview with Gen10 originally appeared on CTRM Center, following an interview between Dr Gary Vasey of ComTechAdvisory and Gustaf Dyrssen from Gen10.
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Over the coming weeks we will be writing a series of mini-blogs that will focus on the various digital challenges facing traders of refined metals and concentrates and providing insights as to how we, as a software solution provider, teamed up with Concord Resources to solve some really complex problems and deliver ground-breaking functionality over this last 9 months.
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Gen10, a provider of cloud-based commodity supply chain and fintech solutions, is pleased to announce the addition of RCMA Coffee division onto their CTRM and data analytics platform, G10 Commodity Manager.
Demand for the need to track commodities, consumables, and fuels from source to market continues to increase. It is no longer the case that buyers can simply pick the best price in choosing a supplier as concerns over issues like food safety, as well as an increasingly savvy consumer that is concerned over abusive labor practices, workers rights, and environmental issues, for example, are increasing the traceability complexity across almost all supply chains.
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