Commodities Warehouse Management Software

Commodities Warehouse Functionality

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Bulk Hard Commodities such as aluminium, zinc, copper, nickel, lead and Bulk Soft Commodities such as coffee and cocoa all pose unique storage and handling challenges. Often, they can be store loose, bagged, palletised, crated can be stored indoors or secure outside storage sites, and usually involve a number of value added services such as bonded warehousing, cutting, customs formalities etc.

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While hard commodities can be stored off exchange, more often they are placed on exchange with the LME or CME. Our software adheres to the strict security requirements both exchanges require as well as being widely accepted by the major international banks and insurance companies. On the soft commodity side, our ProWMS software enables users to offer a collateral management service by providing the highest level of information and documentation to financiers.

ProWMS Advanced Warehouse Management Software is used to produce warrants and for non-warrantable commodities we provide warehouse receipts to provide owners with a document of possession for internal purposes and/or to facilitate pledging of the materials under financing agreements.

Commodities Warehouse Operator Challenges:

Live Real-time Stock Traceability
Multiple Stock Owners
In-store Stock Ownership Transfers & Collaterals Management
Warrants Production & Management
Management of Cutting & Packing & Other Value-added Services
Storage & Handling Charges
Optimised Storage Space Allocation
Fumigation Management
Segregated Storage Areas – Partner, Customer & More
Regulatory Compliance & Legislation Alignment
Customs Documentation Control & Tracking
Cut Testing/Sampling Management

The demands of Commodities management can occur well before the physical arrive at the warehouse. ProWMS Advanced Warehouse Management Software tracks the movement of product from point-of-origin tracking the originating port, vessel, and destination port.

It creates a Shipping Header and associated costs (e.g. demurrage etc.) which can be managed at headed or product level. It can create a goods into warehouse transaction with no re-keying. Once in the warehouse all value-added activities like re-handling, fumigation and bagging are fully managed.

Commodities – ProWMS Advanced Warehouse Management Software Functionalities:

Full Real-time Stock Traceability, Visibility & Control
Track Stock from Point-of-Origin
Live Maritime API for Ship Tracking
Allocation of Ship & Port Costs Across Jobs (e.g.: Demurrage)
Storage & Handling Bulk, Palletised & Bagged Product
Track Product by Owner & by Bank
Quality Control & Inspection Functions
Surveying & Sampling Management
Product Weighing, Certified Weighment & Labelling
Fumigation Services Management
Product Grading
Damaged Commodities Reconditioning
Cleaning, Brushing & Re-bagging Services
Management of all 3PL Operator Billing, Handling & Services Costs

Commodities Warehouse Functionality

Commodities Warehouse Functionality

Commodities Warehouse Operator Challenges:

Commodities – ProWMS Advanced Warehouse Management Software Functionalities:

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