Achieving the Goal: Stockpile Inventory Management

2015 is already half over. You only have six more months left to achieve your year-end targets. If you made a resolution last January to lose 10 lbs in 2015, there is still time remaining to make your goal— if you make changes to your habits.

A combination of measuring by iPhone and by aerial methods is the solution for gathering stockpile measurements for inventory.
A combination of measuring by iPhone and by aerial methods provides stockpile measurements for inventory.

Speaking of losses… how are your inventory numbers tracking to your 2015 plan? Are you afraid that the company will need to write off millions of dollars again at the end of the year?

Maybe you are assuming that this year will be “different”, and inventory numbers will come close to reconciling, without making changes in current stockpile measurement methods.

Stockpile inventory management is often a real source of ongoing frustration for the companies that have approached Stockpile Reports for help. The challenges of measuring the volume of stockpiled materials are many.

Accessibility, safety, costs, schedules and competing priorities make it difficult for the quarry manager to measure stockpiles as often as the accounting department would prefer. We hear managers say, “Do they want me to make rock— or measure rock?”

The CFO wants to ensure that production levels remain in alignment with the year’s accounting plan. Accounting departments often struggle with various data entry sources from multiple people. Measurement information comes in from voice, email, paper and spreadsheets. Too often there are data error issues, and sometimes the information arrives late.

Is it unreasonable to want stockpile inventory tracking available on a real-time basis? 

No. Our clients have discovered that utilizing a combination of iPhone and aerial (airplane or drone) imagery provides a complete solution.

The benefits of using an iPhone and aerial combination include:

  • Measuring with an iPhone is easy enough to use that anyone can measure stockpiles with minimal training
  • Using an iPhone on the ground enables frequent measurements
  • Using aerial data by plane or drone provides regular quarterly measurements
  • Aerial stockpile measurements provides inventory information for hard-to-reach, or dangerous stockpiles
  • Stockpile Reports arranges and provides certified aerial photographers to fly your site, and are trained to collect optimal imagery
  • Stockpile Reports has the platform to process your data, regardless of aerial, drone or iPhone collection methods
  • Measurement results are automatically processed and available to corporate with no data entry
  • The measurement results meets the consistency and accuracy requirements of the company
  • iPhone and aerial measurement methods meet safety requirements
  • Competitive subscription pricing gives the company the freedom to measure year-round

Learn from what hasn’t worked before: don’t assume that this time things will be “different” when it comes to your monthly inventory results. Make an action plan that will get you to your target. Contact us today for more information and ask about a demonstration— we can help.