Profit Inventory Monitor

Improved Visibility into Tank Inventory for Reduced Risks and Better Decision-Making

Profit Inventory Monitor is ideally suited to manage and monitor inventory information within oil refineries, tank farms and terminals. It ensures that inventory information, along with any related information, is comprehensively and accurately recorded. The application provides the necessary middle-layer to support the collaboration required between schedulers, operations and production accountants. It performs these specific functions:

• Detailed tank level and status monitoring.

• Integrates tank qualities to track tank composition.

• Interfaces with users' lab application to support tank quality certification and assurance.

• Interfaces with users' Distributed Control System (DCS) to provide monitoring and alarming.

• Provides complete information for reports, business systems and higher level applications.

• Reduces plant incidents while improving the availability of information for improved business decisions.

Profit Inventory Monitor employs industry standard XML to interface with non-Honeywell applications providing the reliable inventory data required for fully integrated information management. It follows an open system and is built on industry standard Microsoft Windows technology and communicates with DCS via OPC.

Key benefits of Profit Inventory Monitor include:

• Reduced losses from tank farm incidents such as spills and product contamination.

• Reduced inventory.

• Improved inventory reconciliation.

• Elimination of data re-entry.

• Minimized material downgrades and shipping errors.