Data visibility in biomass; improve risk, traceability & profitability

Demand for biomass energy generation continues to rise sharply. The use of bioenergy for electricity grew by 98% between 2008 and 2015, and the market for wood pellets in particular is expected to grow to $6150 million by 2024, up from $4120 in 2019. This provides many opportunities for biomass and energy traders, but it does also mean that the challenges the industry faces are changing as well. From increasing regulation to new players and changing market mechanisms, biomass companies need to be prepared to meet these new challenges as well as capitalise on new opportunities.

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Marginal Gains in Sports – its relevance to managing commodity supply chains and the intelligent use of technology

The concept of identifying and delivering cumulative marginal gains as a winning strategy in sport was popularised by the Sky Cycling Team, under the management of Sir Dave Brailsford. The exceptional and sustained success of both Sky in the Tour de France / Grand Tours and Team GB Cycling in recent Olympics was built upon delivering small marginal gains in every aspect of a cyclist’s performance and the equipment used to deliver it. It is the sum of these marginal gains that provides the winning edge rather than any single “silver bullet” improvement in one factor.

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Risk management and reporting; why the biomass-to-bioenergy supply chain needs commodity management apps

Reducing operational risk, improving reporting & compliance and bringing operating costs down are some of the most important challenges faced by organisations across the biomass-to-bioenergy supply chain.

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Sales, Trading, Operations and Finance; Working better together

A modern commodity management system not only helps ensure each trade is correct and the associated instructions are accurate. It also distributes data across the company so that everyone has real-time access to the latest information and knows when it’s time for their area of responsibility and expertise to step in.

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Traceability and Sustainability in the Biomass Supply Chain

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.

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Why one size does NOT fit all in commodity management

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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Could your ERP deliver a CTRM solution?

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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Why add commodity management apps to an ETRM?

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.

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Lessons from ComRisk: Operational risk is firmly on the agenda

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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Supply Chain Challenges: BIOMASS

Over the last decade, biomass of various kinds has become an increasingly commonly used fuel for electricity generation, particularly in the European Union, which mandated ambitious threshold targets for the share of renewables in total electricity generation.

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