Lubricant procurement platform Closelink has announced the launch of a new feature, Calculated Average Consumption, to provide users with insights into vessels’ lubricant consumption and to improve demand forecasting.
By processing raw Remaining on Board (ROB) data, the software dynamically calculates the average consumption for key products over the past 90 days. Users can visualise consumption charts that display dynamic averages alongside user-defined fixed averages over a selected period, to gain visibility into lubricant usage patterns.
The Calculated Average Consumption also increases the accuracy of Closelink’s demand overview and vessels’ reach calculation capabilities, to provide improved data for use in developing procurement strategies.
ROB data can be extracted from vessels’ noon reports, from central data warehouses, or directly from integrated fleet performance systems, such as NAVTOR. By applying algorithms to consumption data from over 1,000 vessels, the system automatically filters out failed measurements and irrelevant outliers.
If the ROB data is not reported regularly or suspicious inputs are detected, the calculated average consumption value receives a low-quality grade, enabling users to identify and proactively address underlying issues.
The Calculated Average Consumption feature is now integrated into the Closelink platform and available to all users.
