One cycle,end to end.
We walk through a closed cycle line-by-line, brief, authorisation, fill, procurement, inspection, distribution and settlement. Numbers, documents, decisions, exceptions.
The brief
Cycle #48 listed on 2 February 2026, Wildflower honey from a New Zealand cooperative, 4,320 boxes of 12×500 g jars, 150 credits per box, 90-day resale window into the UK market. The brief disclosed pollen authentication results, moisture and HMF readings, pack specification and the full cost stack.
Authorisation
Members authorised via the brief page between 2 and 14 February. Each authorisation wrote a signed entry to the ledger with allocation size and path (resale or delivery). 84% of allocations on #48 were resale; 16% delivery.
Fill and procurement
Cycle filled on 14 February. Bulk order placed with the supplier the next business day; credits moved from reserved to committed. Origin inspection cleared on 28 February; shipment departed Port of Auckland on 3 March. Hub re-inspection at London Gateway cleared on 23 March with zero exceptions.
Distribution
Delivery-path allocations shipped to member addresses between 25 and 30 March. Resale-path allocations entered the partner channel mix on 27 March; 93% cleared within 10 days, the remainder within 21 days.
Settlement
Statement issued 10 April. Cost stack: bulk procurement $612,400, freight $31,840, customs duties $16,370, 3PL handling $22,830, partner commissions $58,940, platform fee $24,300, exceptions $170. Net to members: $87,210, within base case. Outcome recorded in the archive alongside cycles that settled above and below base case.
Exceptions
Two units damaged in last-mile; carrier insurance reimbursed the retail value and the $170 exception line on the statement reflects the handling adjustment. No quality exceptions at hub or origin.
One walkthrough.One brief away.
Now go read a live brief with the same structure. Everything you saw above is there on the current cycle book.