Tag: Future of Commodity Trading
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Standard Vs Customised ERP – What Your Business Needs?
[vc_row][vc_column][vc_column_text] According to Statista, the global ERP market is expected to be valued at a whopping $97 billion by 2024. With the vast availability of ERP applications, it is understandable to feel uncertain about choosing the right ERP for your business. What further fuels this complexity is differentiating and deciding on whether your business needs a…
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Remote ERP Implementations, For Remote Working.
[vc_row][vc_column][vc_column_text] 70% global businesses plan to downsize their office space post COVID-19. Thus, making remote working the new norm. However, 30% of your staff may feel anxious due to the sudden shift in workplace structure and implementation of remote technology. To cope with these complexities, commodity traders ought to have a convenient and feasible strategy for…
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Commodity Trading Forecast 2021: Key Market Insights
[vc_row][vc_column][vc_column_text] While we bid adieu to 2020 – a rollercoaster of a year, many are curious of what 2021 holds in store! Will the negative oil prices take longer to recover? Will the market experience stagnancy? Or will the new year pave a brighter path for commodity trading? Allow us to clear the air for you!…
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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…