Production Monitoring and Supply Chain Management Solution Made Possible by FAA Part 107, Machine Learning, Low-cost DJI drones, and Apple iPhones.

REDMOND, WASHINGTON, UNITED STATES, March 2, 2017 /EINPresswire.com/ -- Today, Stockpile Reports, Inc., an inventory management system for stockpiled materials, announced their “Live Volumes” service offering. This, coupled with their Pile-centric Dashboard, gives customers the ability to get instant answers to common questions:
• “How many tons of 1-inch stone were produced today?”
• “Show me all the locations where we have more than 200 tons of salt.”
• “How many of my stockpiles have vegetation growing on them?”
• “Show me which of my locations have not yet performed inventory counts this quarter.”

With the faster turnaround times of image-based systems, material management companies and organizations have been reducing inventory write-offs through more frequent physical inventory counts. The frequency of counts has been increasing at different rates within various industries:
• Aggregates Producers, DOTS, and County Governments are moving from annual counts to quarterly.
• Landscape Materials and Wood Products are shifting to monthly.
• Concrete, Readymix, and Recycling are shifting towards weekly.

In the last 6 months companies have started testing daily measurements to further tune production and supply chains, effectively resulting in Live Volumes with up to date numbers on all their stock levels.

In parallel, the new FAA part 107 regulations have resulted in more commercial drone pilots entering the market, driving aerial acquisition costs down. The Stockpile Reports CEO, David Boardman stated, “Within the next 2 or 3 years we expect the cost of labor for a commercial drone pilot to settle around the cost labor for a commercial truck driver.”

Based on the emerging market demand and the maturing economics of the drone industry, Stockpile Reports has put together a full service offering to power production tracking and supply chain management. The offering leverages new image processing technology, artificial intelligence, and machine learning, eliminating all manual labor associated with stockpile measurements. It’s now possible to go from the drone flight to the finance or enterprise resource planning software with zero human touch.

They’ll be launching their Live Volumes and Pile-centric Dashboard at the CONEXPO/CON-AGG show in Las Vegas, Nevada next week, March 7th - 11th. People interested in their service can visit their exhibit booth (S-65806, South Hall 2) to see a live demo.

Stockpile Reports is based in Redmond, WA and has offices in Oregon, Texas, Georgia, and North Carolina. It is used by hundreds of companies at nearly 3,000 locations in 24 countries around the world. More information at http://www.stockpilereports.com.

Tony Jacobson
Stockpile Reports
4252854303
email us here

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