FX Risk Management for Food

Descubre las ventajas de comprar y vender en divisas para asegurar los márgenes y expandir el negocio hacia nuevos mercados

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Una dieta saludable de automatización de divisas para expandir tu negocio

Descubre las ventajas de comprar y vender en divisas para asegurar los márgenes y expandir el negocio hacia nuevos mercados.End-to-end FX risk management allow you to grow your business while keeping full control.

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Alimentaria (en inglés)

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More currencies, less manual work for Food companies

Protect your profit margins and avoid unnecessary markups from suppliers by embracing currencies. Let automation do the work to keep your FX-driven dynamic prices updated and gain a competitive edge without the FX risk.

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Carne

Desarrolla una estrecha relación con tus clientes mediante soluciones de software capaces de procesar —de manera fácil y automática— cualquier cantidad de transacciones, en todas las divisas que necesites.

Industria Pesquera

Agrega dinamismo a tu programa de cobertura y captura los beneficios de operar en divisas mientras proteges el negocio del riesgo de tipo de cambio.

Frutas y verduras

Acércate a tus clientes y a tus proveedores automatizando la gestión de divisas, sin riesgo de tipo de cambio.

Carne

Desarrolle relaciones estrechas con sus clientes con soluciones de software que procesen de forma automática y sencilla cualquier cantidad de transacciones, en tantos pares de divisas como necesite.

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Mariscos y pescados

Añada dinamismo a sus programas de cobertura y aproveche los beneficios de operar en divisas extranjeras y, al mismo tiempo, proteja a la empresa del riesgo cambiario.

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Frutas y verduras

Hable el idioma de sus proveedores y clientes y utilice el poder de la automatización de divisas para hacer crecer su negocio, sin riesgo cambiario.

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Automatiza la gestión de las divisas con para expandir el negocio — sin riesgo de tipo de cambio

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FAQs about Kantox for the Food Industry

We impose the EUR on our suppliers. Why should we start working in currencies?

Currency fluctuations can hurt your competitive position and margins, even if you impose the EUR on your foreign suppliers.

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For your suppliers outside the eurozone, being paid in EUR involves both a risk and a cost. The risk, first, that their currency will appreciate versus the EUR between the moment they set their prices and the moment they receive payment in EUR. The cost, second, of converting EUR in their domestic currency.

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To cope with this, suppliers typically apply mark-ups on their prices. In the food industry, these mark-ups can sometimes go up to 10%.

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By paying your suppliers in their preferred currency, you can avoid these mark-ups, negotiate better prices, and enhance your margins. With a suitable hedging policy in place, in turn, you can guarantee these margins stay stable.

We only sell in EUR. Why should we start working in currencies?

Only selling in EUR can significantly slow down your growth in international markets. Put yourself in your customer’s shoes: buying in a foreign currency is inconvenient, might be unfamiliar, entails fees from the bank or payment service provider and can involve foreign exchange risk. If your competitors are offering prices in local currencies, you are probably losing out on potential sales.

What currencies does Kantox work with? Does Kantox support exotic currencies?

Kantox supports a wide range of currencies, including exotic currencies. Contact our Currency Management experts to learn if we can help you with your FX needs.

Can a user of Kantox solutions still have some control over the transactions made on the platform or is it all completely automated?

While the platform is designed to automate many aspects of the FX workflow, users maintain control throughout the process.

For example, users can set up different types of hedging rules and select their preferred liquidity providers for trade execution. They can set manual checkpoints at each phase of the FX workflow, or define time-based, volume-based or currency-based triggers that mandate a manual validation. In addition, they can rely on real-time reporting dashboards to monitor their exposure and hedge book.

How can Kantox help me price dynamically in international markets?

Kantox’s Dynamic Pricing helps companies automatically update prices based on currency market movements. The tool can be set-up in a variety of ways, enabling pricing teams to achieve their desired objectives.

Can Kantox solutions integrate with any ERP or TMS system, and how?

Kantox uses API integration to connect with your data systems. API connectivity allows the Kantox platform to receive information from data tools such as ERP, TMS, MDP, booking engine, etc in real time.

How can companies manage risks when operating in exotic markets with diverse currencies?

Kantox supports non-major currencies where liquid and well-functioning Non-Deliverable Forwards (NDFs) are available. Companies can:

Price with forward rates to mitigate risks.
Use flexible hedging setups to delay execution and lower costs.

These solutions provide the flexibility to operate confidently in exotic markets.

Why does a company need automation in their FX hedging process if they already hedge their Sales Orders and Purchase Orders?

A company needs automation in their FX hedging process because it can help them to:

Reduce FX risk: Automation removes currency risk with very precise balance sheet and cash flow hedging programs.
Reduce costs: Automation reduces FX hedging costs by reducing the forward point impact and connecting to Multi-Dealer platforms.
Improve accuracy: Automation can help to improve the accuracy of FX hedging by using a market-based approach.
Increase efficiency: Automation can help to increase the efficiency of FX hedging by streamlining the entire workflow.

How does Kantox handle cancellations or modifications?

Kantox offers several options for managing modifications:

Triggering a swap or defining a cancellation rate.
Processing negative entries to adjust previously recorded transactions.

These flexible solutions adapt to evolving needs of companies in the Food industry.

How does Kantox address the issue of unreliable forecasts in the food industry?

Thanks to our innovative static hedging strategy businesses delay hedging decisions, allowing them to refine their forecasts as the year progresses and uncertainties like weather conditions or harvest yields become clearer.

Una dieta saludable de automatización de divisas para expandir tu negocio

Descarga el informe sobre la IndustriaAlimentaria (en inglés)

More currencies, less manual work for Food companies

Automatiza la gestión de las divisas con para expandir el negocio — sin riesgo de tipo de cambio

FAQs about Kantox for the Food Industry

Reserva una sesión conuno de nuestros especialistas en FX

Descarga el informe sobre la Industria
Alimentaria (en inglés)

Reserva una sesión con
uno de nuestros especialistas en FX