Eka Software Solutions Private Limited articles
Enterprise Resource Planning systems (ERP systems) are used almost ubiquitously by many types of businesses to manage, track and report on many aspects of their operations and to try to optimize business processes using an integrated and consistent application. Usually, the ERP will cover all aspects of the business from order management, through procurement, contracts, distribution and storage, workforce and inventory to financials. Such solutions are now considered a vital prerequisite and
Background
As businesses grow and expand their operations across several geographies, getting one, consolidated view of risk portfolio becomes increasingly difficult. The central risk management team of a large sugar producer based in Europe realized it was getting harder to get a consolidated view of the company’s risk portfolio because derivatives were being managed from nine different entities using nine different systems.
Business challenge
Background
The customer is a leading food company that fulfills a systemically important role in sourcing more than 40 million tonnes of grains and oil seeds annually throughout the world. They supply agriculture products worldwide through our globally integrated supply chain, originating from surplus producing regions to supply regions with high demand.
Business Challenge
The customer was operating its global business on a legacy system whi
Background
A world-class dairy cooperative made up of close to 1,500 farmers supplies cheese, dairy products, and ingredients to national and international markets. They have a flexible, diverse plant network that allows them to manufacture products and ingredients that are most in demand – and provides a strong, secure market for their memberowners’ milk.
Business challenge
The dairy cooperative was using FC Stone to manage trad
Background
One of the largest and longest serving low-carbon fuel suppliers in North America, the customer is committed to enabling global energy transition to a cleaner energy future. The global powerhouse in making carbon net-zero a reality, has been at the forefront of biofuel commercialization for over 20 years and offers over 100 million gallons of annual production capacity in the United States.
Business challenge
The customer’s
Background
The customer is an agri-business supply chain leader for end users and suppliers of grain, food ingredients, animal feed ingredients and pet food ingredients. They have large networks with a presence in 80+ countries shipping goods locally and internationally, and innovations in international trade and transportation.
The customer has 100+ facilities spanning North America and Asia. In FY 23, they had $10.54 billion in annual sales. Being a global busi
Background
The customer is one of the world’s leading food and beverage companies and is known for some of the most recognizable household food brands. With operations in over 40 countries, the CPG giant was managing its vast risk operations in two key centers located in North America and Amsterdam.
Business challenge
Operating on a landscape of disparate systems and spreadsheets, the customer was spending significant time manually ext
Background
The company is one of the world’s largest sugar trading businesses, accounting for nearly 20% of global sugar shipments. The sugar giant specializes in originating, commercializing, and trading raw and white sugar. They sought to streamline their supply chain to gain a unified view of their trading and risk operations.
Business challenge
Previously, the sugar trading leader operated on siloed systems to manage their trading
Key functional areas
- Trade management
- Hedging & risk management
- Profit & loss monitoring
- Logistics management
- Inventory management
- Settlement management
- Documentation management
- Trade accounting
Identify profitable trading opportunities and optimise your full chain of operations
To be successful in commodity markets today, you need to:
Why Quor’s solution is central to Koch Supply & Trading’s global metals business
The customer, a Koch Supply & Trading company, and an indirect subsidiary of the global multinational, Koch Industries Inc., has been a customer of Quor Group for 20 years. Koch Supply & Trading (“Koch”) has a diverse trading portfolio which includes metals (base and precious), crude oil, refined petroleum products, gas liquids and LNG. A Koch company, Koc