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January 18, 2019
In 2018, by using Stockpile Reports, as an industry you have saved 224,000 man hours worth $11.2 million dollars. We are seeing a growing number of you going all in using Stockpile Report across your whole company. Find out how you measured inventory at a greater frequency, with more efficiency, and was ultimately able to spend more time on what higher value activities.
Our first customer measured their first stockpile back in September of 2012. Since then, in thousands of locations across 36 countries, you have performed stockpile measurements resulting in one hundred twenty-eight billion dollars of materials being measured.
If your full-time job was to go out and take a photo every 5 seconds of your work-day, it would take you nearly 11.38 years to take 16,400,000 photos. Now imagine having to compare every pixel with every other pixel, calculating those pixels’ position in 3d space, generating a visual model, and computing statistics on the volume and tonnage of those image sets. You wouldn’t be able to finish before you retired from your job. Our system is infinitely scalable and handles that process every day.
You are Saving Countless Hours Using Stockpile Reports: When using your own drone to perform inventory counts, you save an average of 7.4 hours per site. An additional 11 man-hours can be saved using one of our pilots resulting in a total of 18.4 hours per site. That is an average of $1,000 of man-hour savings per site. Customers using our pilot network increased 53% this year, where now over 26% of flights processed are done by Stockpile Reports pilots.
Since the beginning of 2015, we’ve seen 1,245% in measurement growth! You are moving toward more frequent inventory counts and are continuing to have us fly the drones for you. This enables fast, no-nonsense inventory at scale with almost no additional overhead or man-hours on your part.
Top 3 Storage Risks Identified Across Our Customer Base: Since Stockpile Reports automatically identifies site condition risk, we have been able to see general trends in site conditions across the entire customer base. In addition to equipment, debris, standing water, and buried bases, we’ve seen the above three risks surface as the most common issues that generate inventory risk.
In the not too distant future we see the emergence of real-time data captured from cameras and sensors on hard-hats, vehicles, front-loaders, stationary poles, phones and drones, creating a real-time flow of production stats, site conditions, and equipment status. Imagine having your safety glasses with real-time stats floating above your crusher, belts, and each pile. You’ll always be in the know.
Stockpile Reports Inventory System remains the only service enabling the full business impact from inventory measurement to dispute resolution.
Thousands of customers are managing their inventory with our web portal, doing frequent, effortless inventory at scale. Whether using our drone pilots, flying yourself, or using our patented iPhone app, inventories are happening faster, more consistently, and everywhere, resulting in fewer write-offs and swift resolutions with customers, auditors, and accountants.
Tens of thousands of verified reports were shared between: measurers, managers, operations, and finance, all working together around in-depth reports and common goals.
Please contact us if you would like to try Stockpile Reports at your company. We’ll connect you with an inventory specialist that will tailor a free demo to your company's specific needs and goals.Contact Us