Warehousing

Warehouse Receipt
System

From truck arrival to a tradable electronic Warehouse Receipt. Every deposit is graded to BMX contract specifications and receipted in the Central Depository — unlocking finance and transparent trading.

Become a depositor BMX Rulebook

The deposit journey

Each step is tracked against a unique tracking number for full traceability, with an impartial, system-assigned Sampler and Grader.

1. Arrival Ticket
Arrival Encoder · WH-ATK

The crop owner is verified as a registered BMX Client/Member; driver and truck details are captured and a unique tracking number is issued.

2. Detailed Registration
Arrival Encoder

Origin, commodity, bag type, number of bags, weight and harvest year are recorded against the tracking number.

3. Sampling Code
Arrival Encoder · WH-SMP

A Sampling Form is issued and the system randomly assigns a Sampler for impartiality.

4. Sampling
Sampler · WH-SMP

Representative samples are drawn per BMX procedure and the Sampling Form is signed.

5. Sampling Result
Arrival Encoder

The sampling result (passed/failed) is entered; a pass proceeds to grading.

6. Grading Code
Arrival Encoder · WH-GRD

A Grading Form is issued and the system randomly assigns a Grader.

7. Grading
Grader / Quality Specialist · WH-GRD

Quality parameters are measured in the laboratory and the Grading Form is signed.

8. Grading Result
Arrival Encoder

The system computes the grade (1–4) against BMX contract specifications.

9. Grade Response
Arrival Encoder

The client accepts, requests a re-grade, or rejects the assigned grade.

10. Unloading & GRN
Inventory Controller · WH-GRN

Commodity is unloaded, re-bagged, weighed and stored; a Goods Received Note is created.

11. GRN Approval → eWR
Warehouse Manager · WH-GRN

The Warehouse Manager approves the GRN; the Central Depository then creates the electronic Warehouse Receipt.

12. Exit Check
Security Guard · WH-EXT

The signed GRN and truck details are verified and the exit is recorded.

Who does what

  • Security Guard
  • Arrival Encoder
  • Sampler
  • Grader / Quality Specialist
  • Inventory Controller
  • Warehouse Manager

Documents

WH-ENTEntrance Registry
WH-ATKArrival Ticket
WH-SMPSampling Form
WH-GRDGrading Form
WH-GRNGoods Received Note
WH-EWRelectronic Warehouse Receipt
WH-GINGoods Issued Note
WH-WLPWeighing & Loading Permit
WH-EXTExit Registry

Grading standards

Quality is determined against BMX contract specifications across two batches of parameters, producing 4 grades.

Batch 1 parameters
Dominant colour (%)Aflatoxin (ppb)Fumonisin (ppm)Live insectsMoisture (%)
Batch 2 parameters
Insect damage (%)Rotten & diseased (%)Immature / shriveled (%)Broken grains (%)Discoloured grains (%)Foreign matter (%)Inorganic matter (%)

Ready to deposit and trade?

Deposit your commodity at a BMX-licensed warehouse, receive an electronic Warehouse Receipt, and access finance and transparent price discovery.

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