“Implementing Allegro 8 will enable SUEK to manage our exposure to the coal and freight markets and to optimize our growing business.  We needed a scalable system that could handle our current trading activities and enable us to keep pace with market changes.”

SUEK AG

Bulk Commodities Certification (ACP-BC) PDF Print E-mail

Allegro-University-LogoThe Allegro Bulk Commodities certification assesses your ability to utilize Allegro software to solve real-world business situations/scenarios involving bulk commodities.

Exam Number: BC999.1 Bulk Commodities Certification v1
Exam Price: $375 USD
Exam Registration: contact training@allegrodev.com
Duration: 4 hours
Format: Hands on using personalized testing database
Number of Questions: 7
Passing Score: 80%

Recommended Training and Preparation

The scenarios in this certification assume you have experience in either implementing or using Allegro 8 for bulk commodities (i.e. coal, cotton, grains, etc.).

(all course version 8.0 unless otherwise noted)

BC201 Contract
This course is designed to be the first course a bulk commodity professional should take. Participants will first learn how to navigate the Allegro UI as well as how to use the Contracts component to capture and manage all bulk commodity contract-related information throughout the entire contract management lifecycle.  Participants will learn how to:
  • Navigate the Allegro Application
  • Create counterparties
  • Create contracts
  • Perform contract approvals
  • Manage contract changes and amendments
  • Configure key contract parameters
Duration: 70 minutes
BC202 Price

This course explains the setup and use of index pricing including composite indexes.   After completing this course, the participant will be able to:

  • Capture current, forward, posting indices
  • Define price levels (avg, high, low, prompt, deliv, settle and posted)
  • Capture price values
  • Capture complex pricing structures using composites
Duration: 20 minutes
BC203 Trade Execution

This course will give participants the knowledge and skills they need to manage all their bulk commodity deals using the Trades Execution component.  After completing this course, participants will be able to:

  • Define the bulk commodity specific attributes of the Trade Execution view
  • Capture a bulk commodities trades
  • Capture deals with event based pricing
  • Define and capture product qualities
  • Calculate premium and penalty adjustments
  • Perform trade approvals and generate trade confirmation
Duration: 50 minutes
BC301 Vessel

In the Vessels class, participants will be provided an overview of scheduling, shipment and actualization for bulk commodities transported on a vessel.   After completing this course, participants will be able to:

  • Configure vessel parameters
  • Understand scheduling and shipment views
  • Create vessel shipments – position to position
  • Create FOB shipments
  • Add fees to shipments
  • Capture vessel actuals
Duration: 50 minutes
BC302 Barge

Participants will be trained on how to schedule, ship and actualize bulk commodities shipped via barge.  After completing this course, participants will be able to:

  • Configure barge parameters
  • Understand scheduling and shipment views
  • Create vessel shipments – position to position
    • Inventory to position
    • Inventory to inventory
  • Create barge actuals
Duration: 65 minutes
BC303 Rail

Participants learn how to the use the Rail component to create schedules and manage rail shipments. At the completion of this class, participants will learn how to:

  • Configure rail parameters
  • Create and manage rail shipments
    • Pile to sell
    • Buy to sell
    • Buy to inventory
  • Capture rail actuals
  • Capture event based pricing
Duration: 65 minutes
BC304 Truck

The Allegro Truck allows users to manage and path scheduling and transportation for bulk commodities shipped by truck.  Upon completion, participants will be able to:

  • Configure truck parameters
  • Perform truck scheduling and shipments
    • Inventory to sale
    • Buy to inventory
    • Buy to sell
  • Capture truck actuals
Duration: 55 minutes
BC401 Settlement

This course provides an overview of how to accurately settle and invoice bulk commodity transactions. Participants learn how to:

  • Setup Settlement parameters
  • Validate and confirm settlement records
  • Generate and analyze accruals and create tax rates
  • Manage and monitor receipt and payment of vendor invoices
  • Receive customer invoices and to path outstanding balance
Duration: 90 minutes

 

Exam topics

Contracts

  • Create counterparty
  • Create contract
  • Create freight contract

Price

  • Set commodity price indexes
  • Set Posted prices

Trade Execution

  • Create trades
  • Set variable pricing
  • Set formula based pricing
  • Multiple positions on a trade
  • Approve trade
  • Capture commodity qualities

Barge

  • Event based pricing
  • Create barge shipments to multiple locations
  • Edit shipment details
  • Add barges to a shipment
  • Capture shipment fees
  • Shipment allocation
  • Perform bookouts

Rail

  • Position to inventory shipments
  • Shipment allocation
  • Intermodal shipments (Barge to Rail)
  • Add barges to a shipment
  • Capture shipment fees
  • Shipment allocation
  • Perform bookouts

Vessel

  • Create vessel shipments
  • Capture actuals
  • Capture measurement fees
  • Event based pricing
  • Configure shipment tolerance

Settlement

  • Resolve contract, pricing, quantity issues
  • Confirm settlement validation
  • Create accounts payable invoice
  • Create accounts receivable invoice