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landmarks-in-logistics-summit-ksa landmarks-in-logistics-summit-ksa landmarks-in-logistics-summit-ksa

Honeywell Inventory Calculation Engine selected for its Terminal Management System

by Kevin Vaz
April 22, 2023
in Warehousing
Vopak VTE tank.

HEICM will enable Royal Vopak terminals to perform consistent and efficient terminal inventory calculations

Honeywell recently announced that its cloud-based Honeywell Enraf Inventory Calculation Module (HEICM) has been integrated into Royal Vopak’s MyService Terminal Management System (TMS). Developed in cooperation with Royal Vopak, MyService is used at Vopak terminals to facilitate the safe, clean and efficient storage and handling of bulk liquid products and gases. 

HEICM was developed using agile software development principles. It accurately calculates inventories and product movement quantities for a massive range of liquid products stored at the sites. “Integrating Honeywell’s measurement modules with our bespoke MyService software is creating a competitive advantage for Vopak’s services,” affirmed Leo Brand, CIO Royal Vopak.

HEICM will enable Royal Vopak terminals to perform consistent and efficient terminal inventory calculations and compliance-related verifications, contributing to operational excellence. “We’re pleased our work with Royal Vopak on the HEICM development resulted in a comprehensive calculation engine tailored for the terminal market,” asserted Rudi van der Kraats, Director Strategic Terminal Accounts Honeywell Process Solutions.

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