In trade transactions there are:
Manufacturers and Suppliers that want to optimize and or increase their supplies to Traders (Distributors and Retailers) but lack security tools to control supplies once goods are in storage of the trader
Traders who want to increase inventory volumes but lack adequate working capital
In this regard
We offer a special collateral control tool called Secured Goods Distribution in which the Trader could access goods for sale while the Supplier retains title and ownership of goods by engaging Krost to take custody and controls sales of goods.
The trader capacity is enhanced while manufacturer or supplier stock movement is optimized
With this arrangement, Krost
will issue Goods Received Notes (GRN) for assets received
will issue Goods Dispatch Notes (GDN) for assets sold
will Guarantee availability of inventory (assets) whenever required
Will Guarantee that assets supplied will be paid for when sold and will be available if not sold. Goods will be released only at the instance/instruction of the supplier