COMMODITIES

RISK MANAGEMENT

We understand our client’s business and the impact of Commodity rate fluctuations on the bottom line of their business. Effective monitoring of the Commodity exposure alongswith strategic advisory ensures that all the commodity risk are effectively managed. Our tailor made strategic risk management approach is the essence of our portfolio management, as we ensure to make our client’s exposure superior and risk-adjusted.



CASE STUDY

An Indian company from the Agri product sector faces price volatility and is not able to transfer those extra costs to its client. All commodities related strategies and operations are currently managed by the purchasing department. The top management of the company wants to establish a full financial risk mitigation approach in order to avoid unexpected potential losses which could affect the profitability of the firm.



SITUATION

An Indian company from the Agri product sector faces price volatility and is not able to transfer those extra costs to its client. All commodities related strategies and operations are currently managed by the purchasing department. The top management of the company wants to establish a full financial risk mitigation approach in order to avoid unexpected potential losses which could affect the profitability of the firm.



OUR APPROACH

Our approach is Risk Measurement and Risk Management. By performing an analysis of the company’s risk exposure and processes, we implement our commodity risk management approach. For the above mentioned case, we started with the assessment of the current risk situation. By analyzing purchase, sales and market wide data, we proposed risk management procedures, including:

  • Risk quantification (link between purchasing costs and sales prices of the final product and volume forecasts)
  • Risk maximum risk limits(according to the financial situation of the company)
  • Definition and thorough implementation of action plan (definition of mitigation strategies and support on implementation)
  • Decision rights (levels of approval, roles and responsibilities linked to risk management decisions)
  • Customized MIS (to ensure a good application of the procedures)
To ensure a continuous improvement of the commodity risk management policy, a risk management committee has been created to follow and define annual threshold levels, review the dashboards, and escalate decisions when needed.