Orders, the Logistical Dream
AgriDigital has just released its much anticipated Orders feature.
This new feature is a logistical team’s dream as it directs the movement of commodities between an origin and destination location.
AgriDigital’s Orders achieves this by linking a pair of contracts and/or inventory positions, effectively forming a logistics directive to move the physical grain.
Connecting participants
The vision for AgriDigital’s Orders feature is to connect all participants in a logistics operation, including the order creator, the origin location owner, the destination location owner, and the freight provider.
Connecting all of these participants in one network will dramatically reduce the time spent communicating and manually coordinating logistics.
AgriDigital is continuing to build out this full connect-ability feature, and it is in the development pipeline on track to be available for the 2017/18 harvest.
Types of Orders
There are four different scenarios where Orders may be used to record the movement of a commodity.
Contract to Contract
Here, the origin is a purchase contract and the destination is a sale contract.
Example: An Ex-Farm purchase contract that is being freighted directly into a Delivered Buyer location against a sale contract.
Contract to Inventory (coming soon)
This is where the origin is a purchase contract and the destination is the buyer’s inventory.
Example: An Ex-Farm purchase contract that is being freighted directly into a storage provider’s (BHC) site where it will be delivered directly into the buyer’s inventory.
Inventory to Contract (coming soon)
This is where the origin is existing inventory and the destination is a sale contract.
Example: Allocating inventory that is available within a storage provider’s (BHC) site as the origin, for an outturn onto a Free on Truck (FOT) sale contract as the destination.
Inventory to Inventory (coming soon)
This is where the origin is existing inventory and the destination is into inventory at a different location.
Example: Allocating inventory that is available within a storage provider’s (BHC) site as the origin, to another inventory position at a different site as the destination. This is effectively a site to site movement.
For further information on Orders, access the AgriDigital Knowledge Base.
What’s next on AgriDigital’s feature roadmap?
We are currently working on some exciting new features, including:
- New Navigation updates
- Buyer Inventory
- Buyer Deliveries
- and more…
AgriDigital is commodity management platform for Grain Growers, Buyers and Site Operators. AgriDigital allows these users to manage their Grain Contracts, Deliveries, Orders, Prices, Warehouse Transfers, Invoices and Payments all in one place, instantly.
For more information, visit www.agridigital.io
