The greatest pains and potential gains for most companies are in the distribution of products from origination to downstream distribution points. Capturing just a few cents throughout this complex process can add up to millions of dollars in improved margin. AspectCTRM’s Physical Operations Module gives your team powerful functions to track and optimize transportation activities and opportunities throughout the supply chain. It gives your schedulers and operations personnel the tools needed to effectively keep product moving, visible and balanced for the optimum profit.
To fully understand profits, losses and risk exposure, it’s important for trading companies to have accurate physical trading data, including movements and inventory changes.
AspectCTRM’s Shipment Workbench makes managing shipments simple. The system is configured to user preferences and assumptions, and allows Operators to plan, schedule and actualize movements within a few clicks. Users can even store the relevant documents (BLs, Q88s, etc.) in AspectCTRM while working through the process. Aspect Enterprise Solutions Business Consultants find that new clients “Do not want to leave their spreadsheets, initially, then after using AspectCTRM to plan shipments, they love it.”
Operators have one screen for all shipment activity for creating new shipments and viewing existing shipment activity by sea, land and pipeline. The workbench is one simple view showing the Operator what has been done, what is being done, and what is yet to be done. AspectCTRM can email alerts to users for various tasks, such as when a new trade is due for movement or a shipment is due to complete.
In just a few clicks – Shipments, Logistics and Inventory views give Operators control of the supply chain with visibility of exposure and how associated costs impact P&L such as inspections, recharges, transfers, inventory loss, etc.
The Shipments Workbench includes identification of mode of transport, transport and inspection nominations, pipeline nominations, events capture and management, issues and resolutions recording, demurrage calculation. It also includes Rail Car Operations Support:
The physical delivery Aspect Enterprise Solutions of trading commodities and energy plays a significant role in an E/CTRM system. There are various unique geographical and product constraints and considerations with the delivery of different commodities. Natural gas is delivered via pipelines and storage facilities; coal via shipping, rail and road; crude oil via pipelines, shipping and rail depending on the geography, and so on. Optimization of the process is critical for the profitability of the trade.
AspectCTRM supports Schedulers in review of current supply/demand positions and imbalances by commodity, delivery/supply point and time period. By grouping and filtering trades by location and displaying supply against demand, AspectCTRM assists with netting decisions, which reduces delivery risk. Notes can be captured and documents uploaded throughout the lifetime of a trade. Because AspectCTRM is a web-based system, this can be done anytime and anywhere by authorized users with access to a web browser. For physical deliveries, all actualized volumes and costs are captured, and appropriate trade metrics (ie. escalated or de-escalated pricing) are automatically adjusted.
Includes planning and actualization of movements into, out of, and between storage locations, stock and ullage projections, blending operations, stock reconciliations, stock valuation tracking, cost allocations.
Every client is different. AspectCTRM provides a powerful set of tools and reports ‘out-of-the-box’ to get your business up and running quickly. If your requirements do not fit our tools, no problem – underpinning our system are powerful customization tools which allow us to adapt the system to fit your business. From complex and unique reporting requirements, to time saving bulk-entry workbenches, to custom uploaders to reduce data entry and duplicated work, AspectCTRM is fully configurable in just a few weeks.
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