What is ERP? Before we decide whether ERP is suitable for commodity trading, let’s go over what ERP is. ERP stands for Enterprise Resource Planning. For example, think about if you were running a manufacturing business and the processes you might come across… You’ll likely have processes such as Supply Chain Management, Inventory Management, Order […]
The Salesforce Platform and Your Business
What is Salesforce? When we type “Customer Relationship Management” or even just “CRM” into Google, one of the first results we get pertains to Salesforce, and for good reason… Salesforce is the number one CRM in the world. Not only does Salesforce operate as an SaaS (software as a service), it also provides users use […]
What to Look for in Good Commodity Management Software
Introduction Commodity Management refers to the strategic activities entailed in the process of the procurement of raw materials to the subsequent shipping of the commodities to their customers. There are other words you may come across while looking for Commodity Management such as Category Management, Strategic Procurement, and Merchant Management among others, but in this […]
Contract Management in Commodities using Salesforce
Are you tired of spending excessive amounts of time managing your contracts in Excel? Time is gold, and every minute can add value to your business. If one of the main challenges you face is the execution of your contracts and risk management strategy, know that with recent advancements in technology, these contract management challenges […]