Commodities Warehouse Functionality

Commodities Warehouse Management Software

Optimising Stock Traceability, Ownership, Storage, Handling & More

 
 
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.
 
 
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

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

READ MORE IN OUR WAREHOUSE OPTIMISATION CASE STUDIES