Optimizing Supply Chains with Stockpile Monitoring

At Cotecna, we pride ourselves on offering comprehensive stockpile monitoring solutions that encompass everything from raw materials to consumer goods and industrial products such as grains, coffee, metals, vegetables, oils, and sugar.

Our team of experts employs a range of methods, including tally count, ullage, and volumetric measurements, coupled with sophisticated calculations to provide accurate quantities. Whether conducted periodically or as a one-time service, our inspections deliver invaluable insights for optimizing your supply chain operations.

Advantages of Integrating Stockpile Monitoring

Integrating stockpile monitoring into your supply chain yields numerous advantages:

• Risk Mitigation: Minimize risks at various stages of trade and financial transactions.
• Effective Planning and Control: Plan and control warehouse activities with precision.
• Informed Decision Making: Obtain crucial information for informed buy-sell, loan, and investment decisions.

Benefits for Stakeholders

Stock monitoring benefits a myriad of stakeholders, including banks, financial funds, organizations, goods owners, buyers, producers, and insurance companies:

• Secure Transactions: Facilitate secure lending and borrowing against pledged goods.
• Risk Reduction: Minimize risks associated with buying and selling transactions.
• Financial Accountability: Conduct annual/spot accounting or financial audits for effective warehouse management.
• Operational Control: Maintain control over operations with partners such as storage operators and forwarders.
• Insurance Coverage: Ensure goods in storage are adequately insured against unforeseen circumstances.

Cotecna's Stockpile Monitoring Services

Our stockpile monitoring services encompass a wide range of inspections tailored to meet diverse needs:

• Pledged Goods Inspections: Inspections of goods pledged to banks, financial funds, and organizations.
• Pre-Transaction Inspections: Preliminary inspections before loading or financial transactions.
• Warehouse Inspections: Inspections of client goods in storage at warehouses, ports, terminals, or in-house.
• Forwarder's Certificate of Receipt (FCR) Inspections: Inspections of goods stored by forwarders based on FCR.
• Insurance Inspections: Inspections of goods of interest to insurance companies.

The Importance of Stockpile Monitoring

Excluding stock monitoring services from your supply chain introduces risks of distress, incomplete information, and inaccurate decision-making. Inadequate monitoring can lead to shortages, losses, damages, and discrepancies during storage, potentially resulting in financial losses under agreements with insurance companies, banks, and other financial institutions. Therefore, the absence of stockpile monitoring can lead to losses associated with improper warehouse management.

Total Station Stockpile Measurement

At Cotecna, we utilize cutting-edge technology such as Total Station, a state-of-the-art laser-based instrumental method, to measure stockpiles with precision. This method ensures accurate measurements of mineral stockpiles at ports, refineries, manufacturing facilities, or mine sites, facilitating regulatory compliance and streamlined stock and inventory management.

Determining Density and Overall Tonnage

Our technical experts employ drilling and density sensing equipment to determine the density of materials, crucial for calculating the overall tonnage of stockpiles. This meticulous approach ensures accurate and reliable stockpile inventory measurement, providing clients with transparent evaluation for financial reports, compliance with regulatory requirements, data-driven purchasing and stock administration, and rapid calculations of inventory.

Accurate stockpile monitoring is indispensable for optimizing supply chain efficiency, mitigating risks, and ensuring regulatory compliance. Cotecna's expert services offer a seamless solution for businesses seeking to safeguard their assets and streamline their operations. Contact Cotecna today for peace of mind and unparalleled stockpile monitoring services tailored to your specific needs.

Learn more about our Stockpile Monitoring Services.