Stockpile Monitoring
Stockpile Monitoring is a comprehensive service encompassing the precise measurement of goods, including raw materials, consumer goods, and industrial products such as grains, coffee, metals, vegetables, oils, sugar, and more.
Our Cotecna experts employ various methods, including tally count, ullage, and volumetric measurements, along with calculations to determine accurate quantities. Whether performed periodically or as a one-time service, our inspections provide valuable insights for your supply chain.
Integrating stockpile monitoring into your supply chain offers numerous advantages:
- Minimize risks at different trade and financial transaction stages.
- Plan and control warehouse activities effectively.
- Obtain crucial information for informed buy-sell, loan, and investment decisions.
Stock monitoring benefits various stakeholders, including banks, financial funds, organizations, goods owners, buyers, producers, and insurance companies:
- Secure lending and borrowing against pledged goods.
- Facilitate buying and selling with minimized risks.
- Conduct annual/spot accounting or financial audits as part of warehouse management.
- Control operations with partners, such as storage operators and forwarders.
- Ensure goods in storage are adequately insured.
Cotecna's Stockpile Monitoring services cover:
- Inspections of goods pledged to banks, financial funds, and organizations.
- Preliminary inspections before loading or financial transactions.
- Inspections of client’s goods in storage at warehouses, ports, terminals, or in-house.
- Inspections of goods stored by forwarders based on FCR (Forwarder’s Certificate of Receipt).
- Inspections of goods of interest to insurance companies.
Excluding Stock Monitoring Services from your supply chain introduces risks of distress, incomplete information, and inaccurate decision-making. Inadequate monitoring can result in shortages, losses, damages, and discrepancies during storage, exposing clients to potential financial losses under agreements with insurance companies, banks, and other financial institutions. The absence of stockpile monitoring can lead to losses associated with improper warehouse management.
To safeguard your Agricultural Commodities during storage, contact Cotecna today for peace of mind. Our expert Stockpile Monitoring services are tailored to minimize risks and ensure the integrity of your supply chain.
