GeneralPurchases & SalesInventory ManagementLogisticsRisk Management
This TWS industry solution allows for effective management of all aspects of the commodity business. It is tailored for companies in the commodity industry that require powerful software to manage and track purchases and sales, inventory, logistics, position risk and financial performance in one integrated solution. We have worked with grain/oilseed merchandisers, seed companies and processors to implement this solution, reducing administration, improving control and enhancing profitability.
The TWS Commodity Handling & Merchandising Solution consists of the following modules:
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Financial Management System
Grain Merchandising System
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Both of these modules are fully integrated with each other to provide a complete software solution. They can also be integrated with the other TWS modules, depending on your business needs.
Contact us today to find out what this solution can do for your business.
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Purchases & Sales |
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Support multiple currencies and units of measure |
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Improve flexibility by generating purchase and sales contracts with user defined terms & pricing types
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Enhance flexibility with contracts that can include an unlimited number of fixed prices
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Single entry screen for direct shipments form producer/dealer to end customer
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Reduce administration by applying deliveries against contracts automatically
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Flexible system for creating user defined discount and premium schedules
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Prepare settlements individually or on a batch basis with automatic deductions for items such as overdue receivables or check-off fees
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Generate invoices for sales, advances on basis contracts, general advances, and shipments to marketing boards
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Enhance management of profitability by producing detailed revenue and expense data on a per contract and per shipment basis
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Reduce administration by performing electronic transfer of marketing board reports such as the CWB and OWPMB
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Improve control over payments and invoicing by tying them to receipts and shipments
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Inventory Management |
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Manage inventory at multiple locations and track company owned versus third party owned inventories |
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| Improve transparency of losses by tracking shrink from storage and shipping
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| Generate reports detailing all aspects of inventory, including current status and movement summaries
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| Enhance inventory management through generating automated market valuation of owned inventories
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| Improve control by tracking the difference between shippers and destination weights and grades
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| Analyze elevator efficiency by generating reports on intake grading factors such as test weight, protein and moisture
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| Generate required monthly reports, such as storage receipts and CGC liability reports
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Logistics |
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Improve control over logistics through the use of shipping orders to authorize all grain movement and associated costs
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| Enhance freight cost management by tracking information such as the carrier, the freight rate, and the associated contracts and automatically generate the payable
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| Establish delivery schedules and control shipments
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| Ensure accuracy of financial statements by accruing shipping and handling costs
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| Capture and process freight and delivery costs associated with grain shipments for each shipment
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| Improve control over contract profitability by comparing expected delivery costs for each sales contract against actual delivery costs
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Risk Management |
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Improve profitability by controlling risk factors involved with merchandising and handling commodities
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| Track and manage futures, basis and foreign currency
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| Manage risk using up to the minute grain position reports that include inventory balances, storage obligations, owned inventory, open contracts, hedges, and net position for one or more commodities
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