QMASTOR’s contract module enables commodity contract management across the full lifecycle from possible through to settled and delivered contracts.
Contract data provides key information on:
- Base contract terms and conditions
- Contract options
- Contract specifications and rejection levels
- Quality penalty/bonuses
- Multiple currencies
- Provisional pricing
- Credit ratings, credit limits
- Payment terms to enable automated cash flow forecasts
- Total contract margin/cost analysis that considers all supply chain and trade costs
- Volume and delivery options
- Required commercial and trade documentation
- Hyper-linking and viewing of electronic contract documents
- Contract approval workflows
- Contract performance management
QMASTOR’s integrated approach to commodity supply chain management leverages contract information to other stakeholders for the purpose of:
- Reducing re-entry of shipment record data where appropriate
- Communicate and utilise customer specification and penalty/bonus data for grade control, blend and logistics planning and process plant optimisation
- Automating invoicing and shipment documentation
- Enables generation of revenue, supply chain and trading cost and cash flow forecasting.
Together with the benefits to marketing managers, QMASTOR’s contract module provides the foundation for ensuring commodity supply chains are focused and aligned to customer requirements.
QMASTOR’s contract module enables commodity contract management across the full lifecycle from possible through to settled and delivered contracts.
Contract data provides key information on:
- Base contract terms and conditions
- Contract options
- Contract specifications and rejection levels
- Quality penalty/bonuses
- Multiple currencies
- Provisional pricing
- Credit ratings, credit limits
- Payment terms to enable automated cash flow forecasts
- Total contract margin/cost analysis that considers all supply chain and trade costs
- Volume and delivery options
- Required commercial and trade documentation
- Hyper-linking and viewing of electronic contract documents
- Contract approval workflows
- Contract performance management
QMASTOR’s integrated approach to commodity supply chain management leverages contract information to other stakeholders for the purpose of:
- Reducing re-entry of shipment record data where appropriate
- Communicate and utilise customer specification and penalty/bonus data for grade control, blend and logistics planning and process plant optimisation
- Automating invoicing and shipment documentation
- Enables generation of revenue, supply chain and trading cost and cash flow forecasting.
Together with the benefits to marketing managers, QMASTOR’s contract module provides the foundation for ensuring commodity supply chains are focused and aligned to customer requirements.