Cover Reporting

Sep 16, 2024 - Rotterdam, The Netherlands

Cover Reporting refers to the practice of incorporate production planning or capacity to the risk exposure.

Commodity producers and processors are often required to include the production planning in their risk exposure for several reasons such as, to forecast future demand, to ensure that the company has a steady supply of commodities to meet its obligations, to determine the right quantity of commodities to produce or purchase etc.

Most appreciated advantages

Reliable and unique source of truth for all position & risk data
Better decision making thanks to accurate and timely reporting
Productivity through automation (avoid big Excel manipulation)
Ability to drill down from aggregated position to unit contracts
Full control of your forward balance per product and plant
Manage supply chains efficiently by anticipating potential shortages or surpluses
Improved trading strategies through trend analyses.
Mitigate risk exposure by increased transparency into the physical supply situation
Improve margins with real-time insights on supply/demand deficit
Meet regulatory requirements by providing accurate insights
Improve investment confidence by reporting and improving inventory levels and supply dynamics

Key Components

Ability to ingest from a multitude of data sources in various formats, both internal and external
Handling all data in regards to security, quality, normalization
Cover Percentage
Cover of destination product vs source product
Forward balance
Open position vs planning (cash and financial)
Ability to check purchase/sales vs planning/capacity of the plant
Compare purchase vs sales
Complete insights on planning, cover and net positions

What do our clients say?

Significant & successful growth

Boosting performance by implementing advanced data management and risk analytics tools.

Read full case

Have a question?

Feel free to contact us at info@radarradar.com