The mining industry is constantly evolving. As technology advances and demand for commodities shifts, mining operations that have the agility to adapt to the evolution of the industry will stand out amongst the competition. Inventory visibility and control are key components of that agility. Yet the mining industry faces many unique inventory management challenges. That’s because the environment of a typical mine provides limited to no communications connectivity, meaning mining companies have been forced to rely on paper-based manual methods when tracking high-value assets and inventory. These manual approaches to inventory management, which mining companies have been relying on for decades, sacrifice efficiency and leave companies unable to track inventory, project materials, and high-value assets in real-time. For years, mining companies have had to accept the drawbacks of these inefficient processes as a known impediment of operating in remote and disconnected field environments. But now, with Cloud Inventory's Field Inventory™, mining companies can utilize a cloud-based, mobile-first inventory management solution that provides unprecedented levels of real-time inventory visibility and control in the disconnected field. A mining operation that is empowered by Field Inventory can truly control Inventory in the Wild™.
Mines that rely on paper-based inventory management processes must deal with delays in accessing and communicating valuable information about the state of the mine’s inventory, materials, and assets. These delays can be costly and lead to issues across the supply chain, issues that could be avoided with efficient communication and a real-time understanding of the state of the firm’s field operations. For companies seeking to avoid these issues and to gain a more precise understanding of what is happening each day in the mine, Field Inventory is the logical choice. Field Inventory is designed to provide users with the ability to know the state, location, and authenticity of inventory in real time, and this level of real-time visibility is available with or without connectivity. This means that a mine can utilize Field Inventory to manage project materials, inventory, and high-value assets in the disconnected environment of the site.
Field Inventory emphasizes usability with its mobile-first design, a design that is ideal for remote and disconnected mining environments in which mobile technology is essential. Employees in the field can access Field Inventory applications using a mobile device such as a ruggedized handheld, tablet, or smartphone. Field Inventory’s persona-based user interface allows each user to access only the information they need, meaning that employees in the mine can quickly communicate streamlined, valuable data across the supply chain and prioritize relevant adjustments as they arise in real-time.
Mining is a dynamic and competitive industry, and mining companies seeking to optimize efficiency stand to benefit from the capability to monitor high-value inventory and assets in real-time and to make necessary adjustments on the fly. Field Inventory provides a level of agility that paper-based approaches to inventory management simply cannot achieve. Built on a low-code platform, Field Inventory is infinitely configurable. This means that mining companies can build apps to fit their business-specific needs and can adjust their inventory management strategy to quickly adapt to new challenges and shifts in demand as they arise.
A leader in inventory management, Cloud Inventory is committed to increasing: Productivity, Compliance, Inventory Optimization, and Revenue Generation. Mining companies that implement Field Inventory stand to improve in each of these areas. Field Inventory increases a mining operation’s productivity by eliminating supply chain blind spots and human error, freeing up resources, and speeding up inventory turns. In addition, the mining industry is subject to a number of regulations and standards, and the real-time accurate understanding of the activity of a mine, that Field Inventory can provide, guarantees compliance with precise visibility.
Finally, a mining operation can achieve inventory optimization with Field inventory’s unprecedented capacity to provide control of Inventory in the Wild. This level of control in disconnected environments transforms the mining supply chain into an optimal source of revenue generation by increasing employee productivity and providing companies with the flexibility to quickly make cost-saving adjustments.
While the disconnected environment of a mine presents mining companies with a unique challenge as they seek to optimize their inventory management strategies, Cloud Inventory Field Inventory is built to meet that challenge. With Field Inventory, mining companies can quickly and easily implement a mobile-first, cloud-based approach to inventory management that eliminates the costly inefficiencies of paper-based systems and achieves true control of Inventory in the Wild.
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