Commodity Business Operation Lifecycle
Advisory

Advisory Services

Business Process Optimization

Energy Risk Management

Software Selection

Program Management

Renewables

Power Purchase Agreement (PPA) Management

Data Analytics Enablement
Data Transformation

Data Driven Success

Data Transformation

Database Migration

Analytics & Reporting

RightAngle

Other CTRM Products

Managed Services

Allegro

RightAngle

Other CTRM Products

Expertise on Demand

Allegro

RightAngle

Other CTRM Products

Testing Services

Automation Tool For Allegro (ATA)

RightAngle

Other CTRM Products

Business Process Outsourcing

RightAngle

Other CTRM Products

CTRM Journey

CTRM Journey

CTRM Training

CTRM Implementation

Allegro

CTRM Implementation

CTRM Upgrades

Allegro

RightAngle

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ISO Services
Life At ValueCreed

Consultant's Journey

Culture

Employee Training
Programs

Wellness

Entrepreneurship

Learn by Example

Workcation

Gaming Zone

Client Training

Client Training

Careers

Careers

Digital Transformation

Intelligent Automation

Cloud Services

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Accelerated shipment management

Accelerating Shipment Management by 30% with Aspect Solutions

Operational Challenge

A leading shipping and logistics firm faced significant inefficiencies with its legacy CTRM system. The outdated platform suffered from slow performance, process bottlenecks, and limited real-time tracking, making logistics management cumbersome. Logistics tracking issues caused delays in shipment coordination and inventory reconciliation, disrupting overall supply chain efficiency.

As an on-premise solution, the system lacked scalability and accessibility, restricting global teams from effectively managing logistics operations. Its limitations delayed decision-making, increased operational costs, and reduced business agility. To address these challenges, the firm sought a modern, cloud-based CTRM solution, Aspect to streamline logistics tracking, inventory management, and scheduling workflows.
Optimizing End-of-Day Processes for a Global Trading Firm

KEY RESULTS

~30%

Improvement in Shipment Tracking Accuracy

By using the Shipment
Workbench and inventory reconciliation tools.

~50%

Reduction in Manual Trade Entry Errors

Custom integrations help streamline fuel procurement and vessel risk assessments.

~20%

Decrease in Operational
Risks

Integrated vessel risk assessments (Lloyd’s data) and automated inventory controls.

A Strategic Approach to Project Success

Our team of experts helped the company enhance its shipment and logistics operations using Aspect CTRM’s Shipment Workbench, streamlining trade execution, inventory management, and real-time tracking. By integrating key systems, the shipping company improved efficiency, reduced manual errors, and ensured compliance with industry regulations. By integrating 3rd party Vessel Schedules Database with Aspect CTRM, the company optimized logistics management while mitigating risks.

Shipment Management

Shipment Processes

Supports both inventory-based and direct shipments via barge.

Shiptech Integration

Automates fuel procurement, capturing trades in Shiptech, validating them, and seamlessly creating contracts in Aspect, eliminating manual errors.

Lloyd’s Integration

Provides real-time vessel data, risk ratings, and compliance alerts, ensuring informed decision-making and regulatory adherence.

Value Creed Services Mobilized

Expertise on demand

Expertise on Demand

Unlock operational efficiency and reliability with Value Creed’s services. Optimize performance with fast, accurate data extraction, reconciliation, calculation, and reporting.

Key Takeaways

Value Creed’s expertise enabled the company to enhance shipment and logistics management, driving efficiency, visibility, and risk control. A cloud-based CTRM solution, Aspect and seamless system integrations optimized operations, making them more scalable, agile, and cost-effective.

Automated workflows eliminated inefficiencies, while real-time data access improved decision-making and compliance. These enhancements established a future-ready foundation, ensuring the company can adapt quickly to evolving business needs. Through strategic technology optimization, Value Creed delivered a transformational impact, strengthening the company’s ability to navigate a complex and dynamic market.

Recommended Resources

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