Procurement / Trading
From day one,
the primary function of FITC was to offer and provide
procurement services to customers in their efforts to supply
their facilities with quality, low cost agricultural commodities. Initially, the procurement
service that was offered to clients was to have FITC act as the purchasing
department of the agricultual commodities for customers, thus
freeing up their time to concentrate on other aspects of their business. These
services were offered on a fee basis with the fee determined by the tonnage
handled and the complexity of the logistics in getting these products to the
customer’s facilities. As we grew and others wanted the type of services we
were providing to the original customers, services were offered to accounts on a
“cost plus” basis. Today we work with a significant number of customers in
numerous ways. We can custom tailor a purchasing program for a customer's procurement needs right from handling any one specific commodity for the
customer, up to handling a company's total product purchasing
function. In some cases we even provide purchasing consulting services on agricultural commodities upon which the customer wants advice.