Product Coffee in ITAS
ITAS has extensive functionality that handles end-to-end process for Coffee Origin businesses (coffee cherries) through International trading (exportable green coffee) to manufacturing procedures (Roasters).
Topics/features include:
a) Trading (TRADE) and contract Management (CONTMAN)
b) Coffee quality at Origin with SAMPLES and LABORATORY analysis
c) Production processes, PROSCHED and PROMAN
d) Inventory Management, PROSCHED, PROMAN, GPLREP, WHREP
e) Logistics, TRADE, PROSCHED, PROMAN, PROPREP and TRAFREP
f) Risk, CPRISK
g) Valuation, GPLREP, TOPEN and VALUATION
h) Contract P&L, TRADE/FinCalc, GPLREP, TOPEN and VALUATION
i) Warrants/Lotting for Futures Market deliver, TRADE
j) Trading ratio, TRADE
k) Pricing idiosyncracies e.g. per 48 kilo V cents per lb, TRADE and VALUATION
The product Coffee is easy to understand; from cultivated tree , drying , parchment removal, screening, sorting to eventual bags of Green Beans.
A useful website that provides generic information on the Coffee product is www.thecoffeeguide.org.
The main traded (International) product is Green Beans and there are several attributes that are used to describe a TRADE i.e. The primary Product, Country of Origin, Quality (Bean counts, defects..), Certificatin. Associated with these descriptors can be the classification that the Coffee is 'Under-Grade' i.e. does not qualify for standard Internationally traded Green Bean.