Short-term storage warehouses in the Pogranda wholesale market.

What are hubs for?

The mission of the Pogranda project is to create and maintain an atmosphere of mutual trust for all wholesale market participants through the organization of an information environment that allows transactions to be carried out automatically.

The correct offer does not require unnecessary words. But in order for such an information environment to be viable in real conditions, a distributed hub system has been adopted as a key point of Pogranda infrastructure. Since the market is distributed, the hub on it does not require large storage capacities. To organize a hub, it’s enough for you to have a warehouse that can accept the list of goods you have determined from the Supplier and transfer it to the Buyer the next day.

For the short-term storage service, the hub receives its commission from the transaction, which it independently appoints in the conditions of its offer. The commission from the transaction consists of two components:

• a fixed commission for the entire scope of delivery (includes the cost of acceptance of the goods and their shipment);
• cost per unit of production (includes the cost of loading and unloading, storage cost of 1 day of a unit of production).

How is the price considered with the commission of the hub.

There are 2 parties to transactions on the Pogranda site: the initiator of the transaction (the one who placed the order job) and the acceptor (the one who accepted the order job). The initiator can be both the seller and the buyer. The acceptor, respectively, is the opposite side. For a purchase order, the seller is the acceptor, and for the purchase order, the buyer is the acceptor.

The initiator places his order (for purchase or sale) with unit prices without taking into account the hub commission. The platform automatically recounts all commissions and as a result shows the final cost to the acceptor.

For example, the seller was the initiator of the transaction. The final price, which the acceptor (buyer) agreed with, turns out to be what the trading platform finally showed him. It is this price that the acceptor will pay for the goods received. Part of the amount is transferred to the seller for the product itself, and part to the hub for securing the transaction in accordance with the offer indicated by it.

If the initiator of the transaction was the buyer, the platform shows the acceptor (seller) the price minus the fees of the hub. Thus, the acceptor (seller) will receive exactly the amount with which he agreed by accepting this order. The rest will be received by the hub, as it corresponds to the offer placed by the hub.