Oil and Gas Stock Monitoring Services
SGS’s stock monitoring agreement (SMA) services include a system that can trace and inspect goods throughout the supply chain, minimizing trading and transaction risk.
Sometimes, the financing party in a transaction does not require strong control over the commodities by a third party. Instead, they want simply to secure the goods along the supply chain. We can provide either continuous monitoring services or periodic spot inspection.
Monitoring stocks involves witnessing the movement, care and condition of the commodities being traded – wherever they are in the world. Our global network means that we can supply experienced stock inspectors at all export, import and storage points and assess (and certify, if required) quality and/or quantity. This ensures that damage, loss or other issues are identified as quickly as possible and remedial actions – including insurance claims, if appropriate – taken promptly.
Get in touch with SGS now to discover how our stock monitoring service can help you minimize your trade risks and satisfy your contractual obligations.
This service is offered by SGS France under COFRAC accreditation (ISO 17020), Certificate no. 3-0638 Inspection. Details available on request or on the COFRAC (French Accreditation Committee) website.