For a particular mining client, a lack of Inventory Insight was leading them to hold more inventory than they actually needed. The client had no timely or accurate data on their fuel consumption levels, stock, or fuel deliveries, and therefore had no way of determining exactly how much fuel inventory was required. To avoid any outages, they were consistently purchasing and storing more than necessary.
By installing VERIDAPT's AdaptFMS at the client’s site, we were able to provide the client with far greater Inventory Insight and control.
The client lowered their day tank holdings from 11ML to 9ML in the first six months of the project, improving their cash position by a very impressive AUD$2M.