Navigation: Transactions > Contract > New Contract
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.
The key consignment related elements are outlined below:
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 all 4 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.
Next Article: Generating a Consignment Order