Fendahl International is pleased to announce that Merlog Foods has become the latest CPG (Consumer Packaged Goods) organization to select the Fendahl Fusion CTRM (commodity trading and risk management) solution.
Merlog is a consumer-packaged goods manufacturing and distribution business headquartered in Durban, South Africa. Founded in 1994, Merlog has grown to hold a significant presence in fast growing African CPG markets with a number of leading consumer brands.
Merlog currently use a mixture of commodity procurement systems and semi manual process to support the business. However, continued rapid growth has meant that the existing CTRM systems infrastructure is no longer fit for purpose. As a result, the Merlog management team decided to run a competitive CTRM system evaluation process with market leading CTRM vendors.
After the evaluation process was completed Merlog selected the Fendahl Fusion CTRM solution for Commodity Procurement. Merlog chose the next generation Fusion CTRM for CPG solution because Fusion offered a superior level of flexible commodity procurement and trading functionality and a low long-term cost of ownership.
Brent Myburgh, Supply Chain Operations General Manager said:
“We ran an exhaustive selection process to find a commodity procurement system that allowed us to optimize our procurement business processes. It was important to us that we took advance commodity trading business best practices to reduce our on-going commodity procurement costs. The Fendahl Fusion solution offered the best fit for our CPG commodity procurement requirements. Fusion is a modern CTRM solution offering flexible commodity procurement functionality and a low long-term cost of ownership. We believe partnering with Fendahl positions us well for future growth.”
Fendahl’s experienced professional services team are now working in partnership with Merlog to rapidly deploy the Fusion CTRM solution.
Many leading CPG manufacturers around the world are now considering the long-term benefits that a next generation CTRM systems like Fendahl Fusion can provide, and just like Merlog, they are looking for CTRM solutions that:
- Provides control of in-put costs between sales forecasts and commodity procurement contracts
- Utilizes advanced financial hedging best practices to reduce in-put cost volatility
- Employs commodity trading industry risk management best practices
- Offers rich and easy to use functionality
- Advanced decision tools that help drive more profitable decision making
- Rapid deployment
- Delivers a low ongoing cost of ownership
Fendahl Technology is a rapidly growing global software company with a dedicated team of more than 125 staff with offices in the Americas, Asia, and EMEA, serving a rapidly growing global client base across multiple commodity segments. Fendahl offices are located in the London, UK; Houston, USA; Dubai, UAE, Singapore and Nagpur, India.
If you would like to learn more about the advantages of a next generation CTRM solution then click here to learn more about Fusion CTRM.