In bulk-commodity industries, measurements of quantities as reported by the production system are frequently incorrect for a number of reasons: calibration errors, operator errors, network and communications errors, physical constraints, process bias, or simply a lack of appropriate instrumentation.
Additionally, grade information is usually only available hours after production has occurred, and in a different system from the fleet and process data, making it very hard for metallurgists to align data with any degree of confidence.
These errors can be compounded when data tracking is done through manual processes using spreadsheets or other paper-based tools.
Without accurate reporting it's difficult for the business to make good decisions, maximize recoveries, and improve profitability.
This presentation will share how technology is revolutionizing inventory management by automating production and performance reporting as well as inventory management and metal reporting.
These accurate, automated reports can help you understand the dynamics of your process, the grade of raw and processed stocks-on-hand, reduce grade variation, and improve yields while ensuring compliance and creating a more agile operation.