As gasoline prices continue to challenge everyone, Skychain – a wholly owned subsidiary of Air Products now offers a way for chemical and lubricant manufacturers and distributors to offset some of those costs. Skychain’s web-based inventory monitoring technology accesses real-time data so users can automate forecasting, optimize production and delivery, and reduce the risk of inventory depletion to lower distribution costs through a more effectively managed supply chain.
Based on telemetry that Air Products has been successfully using within its liquid gas bulk supply business for more than 12 years, Skychain is now making this technology available to the chemical industry. The technology uses a sensor to monitor product levels in a customer’s tank or other container, taking readings every hour and transferring information to the user twice a day.
Skychain provides, installs, and supports the equipment, including sensors, computer software, communications tools, and the information technology infrastructure that allows users to go online (or into their own Enterprise Resource Planning systems) to review inventory and production operations data.
“As gas prices continue to soar, users can reap even greater value through Skychain’s ability to provide them with the right data at the right time so they can schedule fewer, more timely deliveries to customers,” says Patrick Kuchevar, vice president at Skychain. “With little to no upfront equipment fees and user-friendly tools for remote electronic management of customer inventory levels, Skychain technology is one key way to drive costs from the supply chain and improve revenue.”
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