by Inatech | Jul 17, 2018 | Blog, Bunkering, Oil Trading
From manual processes to automation. This Saudi-based oil trading company was still recording its trades manually via spreadsheet. This meant the company couldn’t: • Accurately monitor trading procedures or assess the profit and loss of every trade. • React quickly to...
by Inatech | Apr 2, 2017 | Blog, Oil Trading
Surprisingly it is still common practice across our industry for physical oil traders to use spreadsheets to manage multi-million dollar trades, even though the risks of losing data or corrupt files could have serious implications to your business. There’s no doubt...
by Inatech | Apr 2, 2017 | Blog, Oil Trading
Combat uncertainty in markets through effective supply chain and inventory management Fluctuating oil prices and unpredictable revenues are making it difficult for oil companies to accurately manage and deliver on their profit commitments. This uncertainty has forced...
by Inatech | Mar 31, 2017 | Blog, Oil Trading
Oil price volatility continues to put the industry under pressure. This means it is even more essential for oil trading companies to be able to monitor profits, margins and operating costs in order to respond to changing market conditions. As a physical oil trader...
by Inatech | Mar 31, 2017 | Blog, Oil Trading
Blog reproduced with permission from CTRM Center © 2017 CTRM Center. All Rights Reserved. Original blog post written by Gary Vasey Ph.D.. Inatech was established in 2002 and historically built custom software solutions before developing software products and...
by Inatech | May 16, 2016 | Blog, Bunkering, Marine, Oil Trading
A common issue facing IT departments in oil trading companies It can be a common problem facing CTOs, CIOs and IT directors in the oil trading sector that IT systems are no longer fit for purpose. Any flaws are not there by design – they have usually evolved as...