Guan Chong Berhad chooses JustCommodity’s CxC as their CTRM choice

Guan Chong Berhad chooses JustCommodity’s CxC™ to provide solution for their Manufacturing and Trading businesses
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* Ctrm
* Software
* Cocoa

* Agriculture
* Software

* Commonwealth - Singapore - Singapore

* Projects

COMMONWEALTH, Singapore - April 3, 2014 - PRLog -- Singapore,  3rd April 2014 - JustCommodity Software Solutions, the leading Commodity Trading and Risk Management (“CTRM”) solution provider announced today Guan Chong Berhad (GCB) selected JustCommodity’s cutting edge solution to manage their manufacturing businesses in Malaysia, Indonesia, as well as their trading business in Singapore.

Being one of the world’s leading manufacturer of cocoa products, GCB engages primarily in manufacture and trading of cocoa-derived food ingredients and cocoa related products in Malaysia, Singapore and Indonesia.  The company offers cocoa butter, cocoa liquor (cocoa mass), cocoa cake and cocoa powder.  It is also involved in purchasing and distributing cocoa-derived food ingredients, as well as in marketing and promotion activities of chocolate related products and confectionaries; and trading of cocoa beans.

In order to meet their rapid expansion plans, GCB requires a Commodity Trading and Risk Management solution to provide transparency across geographies and streamline physical operations.  GCB also requires a solution that could support their warehousing management and this is where CxC™, JustCommodity’s flagship Commodity and Risk Management (CTRM) solution is capable of addressing GCB’s complex supply chain requirements.

“JustCommodity alone has the functional breadth and depth to measure, manage, and report on both sides of our business – trading and mananufacturing – across all our legal entities,” said Koi Chin Shean, Finance & Trading Manager, Guan Chong Berhad.  “With JustCommodity’s established presence in the Asia-Pacific region, Guan Chong is confident that it has the best partner in place to support its diverse global business requirements.”

“A CTRM solution has always been a critical business process for agriculture and soft commodity companies,” said Joel Lou, CEO JustCommodity.  “For 12 years, JustCommodity has developed the leading CTRM software for customers to successfully manage the volatility, risk and complexity of procuring, processing, moving and marketing soft commodities.  JustCommodity’s CxC™ enables soft commodities companies such as GCB to make more informed and proactive decisions, streamline day-to-day operations, and protect profits.”

About Guan Chong Berhad

GCB Cocoa Singapore Pte Ltd is a young trading company set up in April 2010.  The company is principally engaged in trading of cocoa bean and cocoa derived food ingredients.   It is established strategically in operation as an arm of procurement and marketing center for our 2 grinding factories – Guan Chong Manufacturer Sdn Bhd and PT Asia Cocoa Indonesia.

Guan Chong Manufacturer Sdn Bhd is a well-established company since 1985.  With added to GCB newly established factory in 2010, PT Asia Cocoa Indonesia, GCB are considered one of largest cocoa processor in Asia.  GCB proudly have a team of leaders with in depth experience, expertise, passion and full commitment, which drives to make GCB as a global trader leader in Supply Chain management of cocoa products.

We produce full range of cocoa products, namely Cocoa Liquor (Cocoa mass), Cocoa Butter, Cocoa Cake and Cocoa Powder. “FAVORICH” is our brand – “High in Flavour” and “Rich in Colour”.

About JustCommodity Software Solutions

JustCommodity has established itself as the leading Commodity Trading and Risk Management software solutions provider for the soft commodity sector, servicing some of the largest trading firms worldwide, including Forbes Global 2000 and Fortune 500 companies.

Incorporated since 2002, JustCommodity has developed deep domain knowledge in the physical commodity markets, providing industry-focused solutions that meet the real-world business challenges of its clients.  Embedding industry best practices for trading, logistics, and risk management into its product, ContraXcentral™; coupled with dynamic real-time reporting tools, has yielded one of the most powerful Commodity Trading & Risk Management solutions in the industry.

Leveraging on this unique expertise, JustCommodity has expanded its value proposition to the market by offering specialized consulting and advisory services, “Global Thought Leadership”, contract execution and risk management into a single enterprise wide solution suite

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Tags:Ctrm, Software, Cocoa
Industry:Agriculture, Software
Location:Commonwealth - Singapore - Singapore
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