Today's Metals Trading organisations increasingly buy, sell, and source commodities from around the world. In this increasing consolidated and competitive market 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.
Metals Traders have the following specific challenges. Most metals need to go through a production process. Therefore supply of the metal will be tied to the ability of the producers (i.e. mills) to meet demand. In addition, costs of raw materials (i.e. bauxite for aluminum) are volatile and affect the price of the finished metal. Therefore it is critical that the logistics and shipping departments meet shipping deadlines and control significant costs around freight for the contracts
Scalable helps Traders improve visibility of all trading data across the organisation. This end-to-end visibility provides management with “One Version of the Truth”.