Bulk Commodity Monitoring and Management
Whether you are consuming a commodity or responsible for its production, VERIDAPT’s technology delivers complete physical inventory transparency to reduce risk and improve operations.
VERIDAPT’s commodity management platform is designed to monitor and reconcile just about any type of inventory throughout the supply chain process in real time.
VERIDAPT’s expertise targets bulk suppliers and consumers of diesel, oil, gas, ethanol, ferrous and non-ferrous metals and grains, whether they are stored in tanks, pipelines, silos or stockpiles.
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Total Fuel and Emissions Transparency for Producers
For producers facing high fuel input costs, real-time transparency over consumption and emissions facilitates critical decision-making and enables analysis to maximise operational and environmental outcomes.
VERIDAPT’s proprietary platform currently monitors, controls and authorises over 30 billion litres of fuel annually across 150-plus large mining operations worldwide. Clients include sector leaders BHP, Rio Tinto, Vale, Teck and Hancock.
The fuel management platform records each step of the fuel supply chain from delivery to consumption. A frequent outcome is operational excellence through smaller, more efficient fleets that reduce overall fuel consumption.
Recognising ever-rising on-site environmental responsibilities, emissions reporting down to each fuel-consuming asset delivers visibility and transparency of CO2 emissions.
Monitor with Intelligence
Manage Inventory Risks by Reconciling Continuously
Detailed views of inventory levels with sensors measuring data every second with summary view showing all assets, recent movements and system health status. Calculated levels can be based on delivery receipts, or other sensors, such as weighbridges measuring product in and out of silos.
Full Visibility of Inventory Movements
Full visibility of inflows, outflows and transfers between inventories. Filter and view group/individual storage: tank farms, silos, etc.
Detailed View of Transactions
Accurate data displaying transaction times and volumes. The platform automatically reconciles against delivery dockets (receipts) when within configured tolerance. Documents associated with transactions can be uploaded to our app or central software system.
Automate Customer Reporting
Capabilities include pre-configured and automatically scheduled reports.
Alerts and Alarms
Continually monitor inventories and generate alerts when anomolies are detected. Anomolies include unusual changes to inventory, long-term reconciliation error trends and inventories below a minimum threshold, etc.
In Development
VERIDAPT is developing commodity monitoring and management solutions for other commodity producers, including grain producers.
Stockpile and silo monitoring technology is being piloted in a number of global locations.
“Because diesel is one of our greatest costs, every dollar in savings counts. AdaptFMS is helping us manage our fleets more efficiently and economically, while ensuring every litre we consume can be reconciled.”
Head of Fuel Management & Infrastructure
Major Canadian Mine Site