Mercon Coffee, a supplier of green coffee to roasting companies throughout North America, Europe, Asia, and Latin America, has chosen Triple Point Technology’s software for coffee trading, marketing, logistics, and risk management.
Mercon selected Commodity XL, Triple Point’s commodity management solution, because it is the most sophisticated and comprehensive platform for supporting Mercon’s rapid growth and future plans. Mercon will use Commodity XL’s advanced position reporting, profitability analysis tools, and logistics management functionality to optimise its supply chain, drive maximum profit, and mitigate risk.
Sentiment in the financial services sector deteriorated in the three months to September, as firms digested the challenges of lower interest rates and the uncertainty caused by the vote to leave the European Union (EU), according to the latest CBI/PwC Financial Services Survey.
However, a London summit on the industry’s introduction of the technology cautions that testing and acceptance are still at an early stage and firms should proceed with caution.
The proposals of both US presidential candidates could shake up operating conditions in several sectors, reports the credit ratings agency.
The Danish shipping and oil conglomerate confirmed that it will separate its businesses into stand-alone transport and energy divisions.