Coencorp Blog

Imagine a site with multiple fuel tanks and dispensing stations. Imagine the logistics of daily stick and totalizer readings and the readings required when fuel is delivered from the supplier.

A bummer, to be sure, especially if it's the way you are currently set up.

Now imagine the tanks are monitored with electronic-level probes. Combine this with the convenience of the pump dispenser totalizers automatically recorded along with recordings of the fuel dispensed at each pump. What would life be like when all of these measurements are sent to a platform in the cloud, and your inventory reconciliation is automatically calculated? Imagine pouring a cup of coffee and printing out your inventory reconciliation report as you relax and enjoy your morning cup of java.

In the mining industry, fuel consumption is high volumes, high stakes, and most definitely not a game.

Mining companies need to continuously reinvent themselves and look to improve their operating efficiencies in the area of fuel consumption to stay profitable. There are many options available for mine operators to implement to improve fuel efficiencies and reduce overall fuel consumption. The challenge is to accurately track and monitor the fuel used at the overall mining site and reconcile fuel consumption by an asset. You can’t manage what you can’t measure.