Let’s explore this through a real-life scenario, using the example of a trader from a trading company, while respecting client privacy and business confidentiality with the use of pseudonyms and adapted content.
In the intricate world of bulk commodity trading, physical traders often find themselves grappling with the headache of handling tedious trade data and documents. Xiao Bei, a diligent physical trader, has repeatedly found himself in situations of chaotic trade information, missed contracts, and inventory errors.
However, recently, the company introduced Fusion and its Physical Trading Module, bringing about a revolutionary change in his work, making his business processes as smooth as silk.
Entering Natural Rubber Spot Trade Information: One day, faced with an urgent purchase order for natural rubber spot, Xiao Bei was under tight deadlines, feeling overwhelmed and unsure of where to begin. However, this time, he decided to try using the Fusion Physical Trading Module. He clicked on the “Trade Details” function under the “Spot” section, quickly and accurately entering purchase quantity, price, and precisely selecting the commodity—natural rubber. Moreover, he directly imported relevant trade documents for future reference. Once all information was entered, he saved the trade in draft status for later confirmation and modification.
Managing Long-Term Contract Information: A few days later, the company reached a long-term contract for natural rubber with a supplier. Xiao Bei, having experienced the embarrassment of missed and chaotic contracts before, decided to let Fusion “Long-Term Contract/Framework” section lend him a helping hand. He created contract details, filled in key details and dates, and added commodity and trade details to ensure every detail was fully recorded. This systematic process made him feel the unprecedented smoothness of contract management, allowing him to view contract status, commodity details, and related trade details at any time, ensuring everything was orderly.
Managing Inventory Trade Information: Inventory management is crucial for bulk commodity trading, and Xiao Bei is well aware of its challenges. Once again, he utilized the Fusion “Inventory” section to quickly record the outflow and inflow of natural rubber. He input quantity, date, and trade type. These inventory trade details help the company track inventory changes and manage inventory supply better.
Collaborative Management and Departmental Cooperation: After experiencing the pain of data chaos and information non-communication several times, Xiao Bei realized that the Fusion Physical Trading Module not only efficiently handles trade information but also surprisingly brings order to cooperation between different departments. His entered information is visible to authorized personnel in the purchasing department, contract management team, and inventory control department, allowing them to collaborate more closely.
For instance, the purchasing department can immediately learn about the spot purchase orders he entered, the contract management team can easily view contract details, and the inventory control department can update inventory information in real-time. This seamless collaboration makes cooperation between departments more cohesive, increasing overall efficiency, facilitating smooth business operations, and yielding more fruitful results.
In summary, the Fusion Physical Trading Module has brought Xiao Bei unprecedented efficiency, smoothness, and precision in managing his physical trading business. Whether it’s spot trades, long-term contracts, or inventory management, each function is supported in an integrated environment. He is no longer plagued by tedious data entry and information loss but can focus more on strategic decision-making, creating greater value for the company’s development.
