Current method to measure the stock is a major concern for Supply Chain Planning. Real-time Silo Stock management system is required with a high accuracy and end-to-end visibility.
Currently, port stock is measured based on the derived value based on the quantity fed through the unloader. Currently the stock is measured by manual visual inspection and poses risk on the supply chain planning.
Port stock is currently measured from the value obtained during the following tasks:
1. quantity fed into the silo and
2. output i.e. quantity drawn from the silo.
The difference in the value gives the stock position in the silo on a daily basis. The method followed to know the current stock of Silo is conventional and manual.
Real-time monitoring of the stock in silos is not done now, as no devices are installed for that. The desired solution is expected to perform real-time monitoring of stocks in the silos and enable understanding of inflow and outflow of stocks.
The scope of the project shall entail 1 silo of 20,000 Tonnes and its automation and analytics for visibility of the current stock.