Triple Point Technology, the leading global supplier of cross-industry commodity and energy trading, risk management and logistics software platforms, announced today that Van der Sluijs Groep has selected Commodity Management™ for oil and biofuels. Van der Sluijs is one of Europe’s largest oil logistics and distribution companies and the third oil business in 90 days to adopt Commodity Management, the cooperatively developed commodity and oil trading, risk management and operations software solution from Triple Point and SAP.
Commodity Management utilizes best-of-breed components from both Triple Point and SAP AG – Triple Point’s SAP-endorsed Commodity SL™ and the SAP® ERP application – and optimizes profits across the commodities supply chain. The tightly integrated software is fully tested by SAP and delivers a common support program and a common technology platform at the lowest lifecycle cost.
While there are thousands of solutions available that have achieved Powered by SAP NetWeaver® status, Triple Point Commodity SL is one of only 18 SAP-endorsed business solutions worldwide and is the only solution endorsed by SAP in the commodity trading and risk management area. More than 30,000 development hours and millions of dollars have been invested in Commodity Management, eliminating the need for custom integration and providing the lowest total cost of ownership (TCO). SAP and Triple Point maintain ownership of the developed interfaces contained in Commodity Management throughout the product life-cycle, eliminating the risk and cost for customers.
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