ADELAIDE, Australia, March 27, 2018 /PRNewswire-iReach/ -- Eka Software Solutions, the leading global provider of Smart Commodity Management software solutions, announced today that Eka's Stockpile Quality Management Solution (QMS) has experienced unprecedented acceleration in adoption across 2017 and 2018. Eka's QMS uses a true volumetric physical three-dimensional stockpile model to accurately track material quality.
Producers must deliver products at the right grade to their customers, but delivering higher quality products than what is contracted wastes resources and reduces profits. Producing the right product mix requires an accurate assessment of product quality in each stockpile, and an accurate prediction of what will be delivered, so the right material can be sourced and mixed to achieve the correct quality level.
Eka's QMS uses innovative volumetric physical flow modelling to create a three-dimensional representation of the quality of material lots in real time. Using Eka's QMS, operators can better match inventory quality specifications to sales quality specifications. Without this specific quality information, site operators deliver higher quality materials than necessary to ensure they meet specified delivery targets, or they deliver lower quality materials and incur penalties.
With Eka's QMS, mine and port operators maximize margins while removing the possibility of penalties and avoiding wasting valuable resources.
Benefits include:
"Eka's InSight CM QMS enables bulk materials site operators to meet customer expectations without wasting resources," said Stuart Watt, GM of Bulk at Eka. "We are currently implementing systems into iron ore, coal and bauxite stockpile sites and assisting companies to operate more efficiently and profitably. We are excited to continue our expansion into new operations and commodities across the globe."
Eka's InSight CM runs some of the largest ports in the world.
About Eka Software Solutions
Eka is the global leader in providing cloud-based and on site Smart Commodity Management software solutions. Eka's analytics-driven, end-to-end Commodity Management platform enables companies to efficiently and profitably meet the challenges of complex and volatile markets.
The company's best-of-breed solutions manage commodity trading, enterprise risk, compliance, procurement, supply chain, operations, logistics, bulk handling, processing, and decision support. Eka partners with customers to accelerate growth, increase profitability, improve operational control, and manage risks and exposures.
Eka is a team of 315 staff with offices in the Americas, Asia, Australia, and EMEA, serving a rapidly growing global client base across multiple commodity segments.
For more information about Eka, visit www.ekaplus.com.
Media Contact: mary defilippe, Eka Software, 2035691043, [email protected]
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SOURCE Eka Software
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