Today's Agricultural Trading organisations increasingly buy, sell, and source commodities from around the world. The international market is becoming more consolidated with larger multi-national organisations trading higher volumes.Trading companies need to execute contracts within contractual terms, monitor and control all costs associated with the contracts and implement risk strategies that protect the bottom line.
Agriculture has the additional challenges of factors outside of organisational control, like freak weather conditions. These factors have a significant effect on both the availability and quality of the commodity. Availability of a crop for the harvest period may change dramatically, however demand for that crop remains relatively constant which can create volatile pricing situations.
Scalable has helped improve visibility of all trading data across a Commodity Trading organisation. This end-to-end visibility provides management with “One Version of the Truth”.