Tag: Digitalisation in Commodity Trading
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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…