The first step of the Consignment process is to generate your export or import Contract(s).
💡Note: Before you generate your new Contract, save time by ensuring
your platform data is prepared.
AgriDigital Consignments have a multi-contract capacity, meaning more than 1 contract, and therefore commodity, can make up 1 Consignment.
The following outlines a few elements that must be the same between Consignment Contracts:
Contract counterparties
Contract type
Price basis
All locations
Delivery window dates
See this article for a general guide on how to create a Contract within AgriDigital.
Contract Type
Consignment Contracts can be made in two ways, as an import Contract or export Contract. The Contract Type is used to distinguish these two options:
Purchase - Import Contract
Sale - Export Contract
Price Basis
Select your export price basis from the Contract Details section of the Contract form. The price basis selected will determine what location search results are provided. A few key points on price basis and locations:
For the following price basis you can select domestic and international port locations: FOB Port, CFR Port, CIF Port and DCT Port;
For FIS Port price basis, ONLY domestic locations will display for Primary Location field. Domestic and International locations will display for all other location fields.
Locations
The Contract form has 4 locations (1 for domestic and 3 for international Contracts).
Primary location * (mandatory) - This is the Contract location, relating to the selected price basis. This location is displayed on the final Contract document in the following form: 'Port (Country)'.
💡Note: See the Consignment Add Additional Data article outlining how to overwrite the Contract Primary location display if required.
Place of loading (non-mandatory) - This is the port/location where the goods are loaded. This location is displayed on the final Contract document in the following form: 'City, Country'.
Place of discharge (non-mandatory) - This is the port/location where the goods are discharged, this could be the final destination or an interim location. This location is displayed on the final Contract document in the following form: 'City, Country'.
Final destination (non-mandatory) - This is the absolute final location where the goods have ended their journey. Again, this location is displayed on the final Contract document in the following form: 'City, Country'.
Search (form) display
Document display
Grade Specifications & Full Grade Name
For details on how to select the required Grade Specifications on your Contract, see this article. All relevant Grade Specifications will be shown when creating a Contract and will display on the Contract (shown below).
The Full Grade Name is an alternative grade name that can be entered when creating a New Grade Specification, however is a non-mandatory field. This will be displayed on the Contract (shown below).
Terms & Conditions (Signature field)
Terms and conditions are selected at the end of the Contract form. For an outline on how to set up and format T&Cs in AgriDigital, check out the following article.
💡Note: Ensure the T&C's selected includes the signature fields if needed.
Attachments
You will also have the ability to upload any documents related to this Contract for ease of access by counterparties.
Next Article: Generating a Consignment Order