TRADE EXECUTION - 9 CORE PROCESSES
- Jeremy Reynolds
- Sep 3, 2024
- 1 min read
While "process" and "standardisation" quite often get a bad rap—sometimes viewed as limiting flexibility and stifling decision-making—in some sectors of the commodity trade, the benefits are undeniable. By establishing clear processes, decision rights, and an exception management framework, we enhance agility, productivity and foster a stronger bias for action.
The result? Faster decisions, improved responsiveness, a more efficient trading environment... and more engaged customers!
9 core Trade Execution process areas – click the links below if you missed them first time around
1.Execution Coordination
2.Contract Obligation Management
4.Load & Discharge Management
5.Collaterals & Payment management
6.Warehouse Inventory Management
7. Trade Related invoicing
8. Insurance Management
9.Dispute & Claims Management
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