EKA > Connected Commodity Solutions for Managing Procurement Risk
Jun 12, 2019

Connected Commodity Solutions for Managing Procurement Risk

Managing risk is one of the most crucial and complex challenges commodity market participants face. Whether you are a commodity manager, procurement director or risk manager at a food manufacturing company, a global risk manager for agriculture, or a VP of procurement of a milling company, the challenges are the same. Most risk analysis today is manual and often includes only data from one system. Creating a complete picture of risk requires evaluating data from multiple systems and sources – both internal and external to the organization – including CTRM/ETRM, ERP, spreadsheets, market feeds and more.

 

Eka’s procurement risk solution suite enables instant, intelligent and interactive risk insights. The comprehensive solution manages complex physical pricing and hedging; tracks position, coverages and spend; and analyzes value at risk (VaR) across a multi-commodity portfolio – including grains, softs, packaging, flavoring, fresh and frozen foods.