TPS Commodity Tracking

Commodity tracking enables the receiving, revaluation and payment of commodities.‍

Allows for recording of commodity contracts to track the contracted quantity over a time period and crop year. From a commodity contract a receipt can be created or a receipt created and linked to a contract. On the commodity receipt commodity containers(s) in and out can be recorded and the net weight of the commodity calculated. Weights can be recorded by truck or by pallet (if no truck scale is present) and truck and packaging tared from the inbound weight. Payments can be made periodically based on $/lb or % and the commodity revalued throughout the fresh-pack season using the commodity worksheet.
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Why would you want to track Commodities?‍

Maintaining the traceability of commodities, contracted amounts, payment amounts and containers is critical when receiving commodities from growers.

• Ensure that commodities are tracked to an established contract and crop year, with start and end dates.
• Record and monitor processor-owned commodity containers.
• Use commodity container tare weights to calculate a true received weight.
• Auto-assign lots on commodity receipts.
• Revalue a commodity receipt based on market conditions.
• Make periodic payments to growers.