ISLE of MAN, September 2017 – Seaboard Overseas Limited, a division of Seaboard Corporation has successfully completed the implementation of the Fendahl Fusion CTRM, after a 4-month software implementation project.
Seaboard Overseas is a global trader of; wheat, corn, soybeans, soybean meal, mill feed, rice, pulses, milk products, sugar, food oils, and other protein meals. Seaboard sources, transports, and markets over 9 million tons of commodities each year. In addition, Seaboard operates a fleet of company owned and chartered bulk freight vessels, delivering commodities to in-house and to third-party customers around the world.
Seaboard replaced a legacy CTRM system that had been used to manage trade and risk management business processes for several years. This system was simply not able to support the way that Seaboard does business. The out dated design of the existing system made it inflexible, forcing Seaboard to perform many business processes manually which increased costs and operational risk.
To address these issues Seaboard has now implemented Fusion CTRM, a flexible next generation CTRM solution that provides rich agricultural commodity functionality, and provides the flexibility needed to support Seaboard’s specific business processes.
Seaboard is well known for delivering high levels of customer service to counter parties. The flexible new CTRM system allows Seaboard to automate existing manual business processes and implement new service offerings to further increase customer service while also reduce operating costs and risk.
The implementation of more than 90 end users across 5 offices across the world was completed on schedule and on budget. The project progressed smoothly without any issues.
“We are very happy with our new Fusion CTRM solution and the performance of the Fendahl professional services team. Fendahl have been a reliable and responsive partner throughout the implementation.” Sandy McKelvie, Project Director, Seaboard Overseas Limited
Focusing on delivering superior customer service while consistently maintaining low costs will help Seaboard to accelerate growth and increase profitability. Fendahl Fusion CTRM will enable Seaboard to achieve these objectives.
“Fusion is a flexible and modern CTRM system that supports the way we do business. We believe that partnering with Fendahl will help us to continue growing our business profitably for years to come” Gail Cummings, Executive Vice President, Seaboard Overseas Limited
Fendahl Technology is a rapidly growing global next generation CTRM software provider with a dedicated team of over 100 staff. 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 benefits of a next generation CTRM solutions then click here to learn more about Fendahl Fusion CTRM.
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