Managing Grower Offers and Inbound Commodities with Levridge

Managing your grower offers within Levridge is a simple task that gives you insights into each offer, provides pricing updates, and allows you to easily complete payments to growers.

The process starts with a bid sheet that merchandisers maintain for each location. The bid sheet lists prices that you are currently paying for grain along with a parent-child relationship with freight differentials to make maintaining pricing quick and easy.

Once an offer from a grower comes in, that offer is tracked within the system as either a firm offer or a notification offer. With firm offers, the contract is automatically drawn up once the bid sheet pricing meets the grower’s requirement. With a notification offer, the grower would like to be contacted once the price reaches a certain point to either approve or deny the contract offer. Levridge automatically sends you reminders to contact growers once this level is met.

Once an offer is accepted, a contract is automatically generated for the fulfilment of the purchase.

The contract puts the 3-step inbound grain delivery process in motion.

1. Delivery Intention

The grower communicates his or her plan to deliver against their contract. This is noted within the system and the elevators affected are automatically notified with information on the customer, split, intended delivery, the estimated number of loads, and quantity. This is an optional step in the process and can be skipped if the grower does not communicate their delivery intention ahead of time.

2. Delivery

The grain is delivered to the elevator where a scale ticket is generated from one weight, which integrates directly into Levridge, or through the Levridge scale application. If the delivery was planned ahead of time, the ticket is applied to the delivery intention. If not, the ticket is applied directly to the storage or purchase contract.

3. Delivery Completion

Once the delivery has been completed, information is stored in Levridge that allows you to compile a total aged list of deliveries that assists in the final split payment, disposition, and contract application. If the first step of delivery intention was skipped, the user simply needs to confirm the delivery. At this step the grades are finalized, discounts are applied, tickets are split, and the total is applied to the contract, stored, or grain bank. The PL contract is created.

Once the grain delivery has been completed, you can easily settle payment with the grower through another 3-step process within Levridge.

1. Settle Request

You can easily generate a list of delivered unpaid grain to which you can specify the quantity to settle. At this point, you set all prices for any unpriced grain and record payment information like who to pay, when, and how.

2. Settle

The settle request is reviewed and information on lien holders, 3rd party payments, advanced, contract pricing, discounts, fees, and the net amount is confirmed. This information is automatically populated into the request based on records in the system, eliminating the need to review different spreadsheets or systems to compile information on all variables associated with the grower.

3. Payment

The settlement is complete and the payment is made by check or EFT directly from Levridge.