IHS Markit's Commodity Tracker Digitizes Tracking of Base Metals Inventory
Commodity Tracker uses optical character recognition and machine learning to digitize and normalize documents.
Commodity Tracker covers nine base metals—aluminum, aluminum alloy, Nasaac (North American Special Aluminum Alloy Contract), copper, lead, nickel, tin, zinc and cobalt—by gathering metal shipping data from over 75 commodity warehouses through bills of lading, warehouse receipts, warehouse releases and stock reports. The system then digitizes and normalizes the information.
Garth Leonard, director of commodities services at IHS Markit, tells WatersTechnology clients reached out to the vendor
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