Tag: Commodity Trading 2020
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Workflow Management: The Stairway To Organisational Success.
[vc_row][vc_column][vc_column_text]While every commodity trader is determined to scale new heights by optimising their efficiency and reducing costs – a handful are able to successfully achieve it. Ever wondered what could be stopping you? Most likely an effective Workflow Management System! While most commodity traders focus extensively on the larger business aspects such as cash flow,…
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Beginner’s Guide: Understanding Physical Trading
[vc_row][vc_column][vc_column_text]Physical Trading, also widely referred to as commodity trading is the day-to-day buying and selling of commodities from manufacturers to consumers or processors based on economic trends. As simple as this explanation may read, the process on-field includes several layers of rigorous functions that demand synchronization and thorough supervision from manufacturers. Owing to the commodities…
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Why 80% Commodity Traders Struggle To Ace it at the Race?
[vc_row][vc_column][vc_column_text]“Digital Transformation is the process of using digital technologies to create new – or modify existing business processes, culture, and customer experiences to meet changing business and market requirements.”, defines Salesforce. Over 80% commodity traders are prone to struggle with inaccurate accounting, inefficient time management and complex documentation due to lack of digital integration in…