Audit and Inspection of Pledged Stocks
Audit and inspection of pledged stock is one of the most important aspects of collateral or stock management services. Now, a days it has become very difficult for Collateral Management Agencies and even funding banks’ to keep vigil on the stocks pledged.
There is the number of incidences reported in banks and CMAs, where even after their internal audits they have found shortages.
The main reason behind this is lack of knowledge, the intimacy of internal auditors with existing company Supervisors etc and sometimes integrity issues.
We being third party audit and inspection agency are proving one stop solution for all your stock verification as well as inspection related queries. Our all audit reports are enclosed with whole real time videography, photographs and actual position of stock with 100% guarantee of the stock position on date.
This service is available for CMAs, borrowers, bankers and Govt. agencies.
Professional Warehouse Services
We will provide cost effective warehousing solutions to our varied customers as per their requirements at strategic locations throughout Punjab, Haryana, J & K and Himachal Pradesh. Our qualified team is proficient in handling, preservation and maintenance of stocks (like Paddy, Rice, Wheat, Sugar and Cotton bales) as per industry norms.
Collateral Management (CM)
We don’t have any tie-ups with any Banks as of now. But we are trying to get in touch with CMA’s first to get into this segment.
Trade Facilitation (TF)
In supply chain of agricultural commodities TF is one of the very basic and important step. As Agricultural commodities are available for shorter period of two to three months, but being this prime raw material for agri processors, it is needed for year long. So, here comes the role of TF. We at d n a Commodities & Grains Co. are committed to provide cost effective and in time services. Besides TF at the time of procurement we will also add to TF model by providing TF at the time of release of the stock. By providing second services we will reduce risk on CMAs at the time of release. Borrower will get funds to get their stock released and the risk is mitigated.
CO2 (Carbon Dioxide) Fumigation / Modified Atmosphere Treatment (MAT)
The major parameters to consider when implementing the high CO2 Treatment under modified atmosphere shall include:
1. Concentration of CO2
2. Duration of the treatment
The lethal condition of the modified atmosphere should be achieved and maintained throughout the enclosure for a minimum exposure period as specified.
Dosage of the CO2 for different sizes of Cocoon:
| Dosage of the CO2 (in kgs) | ||||
|---|---|---|---|---|
| S. No. | Capacity | 1st Day | 2nd Day | 3rd Day |
| 1 | 1 MT | 3 | 2 | |
| 2 | 5 MT | 10 | 5 | |
| 3 | 10 MT | 20 | 5 | 5 |
| 4 | 20 MT | 30 | 10 | 10 |
| 5 | 50 MT | 80 | 20 | 20 |
| 6 | 100 MT | 100 | 50 | 50 |
| 7 | 150 MT | 100 | 100 | 100 |
| 8 | 300 MT | 150 | 150 | 150 |
Store the commodity in Cocoon minimum 12 days to 15 days.
SOP for CO2 (Carbon dioxide) Fumigation in Cocoons:-
ON receipt of new Cocoon, Cocoon’s Black Zipper compulsory needs to be exposed under the sun for 2-3 hours before installation to remove length difference & folds of the PVC zippers which have become hard during transit and to bring flexibility.
Before starting the installation clean the floor surface to remove sharp objects, stones etc.
Check the Moisture content of the commodity to be stored, it should be at safe storage level.
Add sufficient space to accommodate the Cocoon and an inspection path around (at least 1 m each side).
Open the zipper of the Cocoon and load the bagged commodities through the open zipper inside the bottom welded lines. At least 2-3 persons are needed for the loading the bags into the Cocoon.
After loading the first layer, stretch the bottom corners of the Cocoon liner to remove the folding.
Create a cavity/canal about along the second layers of stack to facilitate CO2 fumigation.
Keep the sacks stable by loading the succeeding layers in a crisscross manner. Continue piling until the desired height is reached.
To make zipping easier, two persons are required. One will do the zipping and the other person will hold the other end steadily making both sections of the zipper in a straight line.
Manually press the zipper track on the left/right-end corner using thumb. Then insert the zipper pull in zipper track and lock the zipper pull.
Once bottom & top zipper tracks are locked, Slide the zipper pull to the other entire length of the zipper track.
During zipping, ensure to align the top and bottom arrows of the Cocoon Bag.
Close the last few centimeters of the zipper track by manual pressing using thumb.
For CO2 fumigation, open the gas inlet port of the Cocoon then insert the one end of the “CO2 pressure hose” to the Gas inlet port of Cocoon and other end to the CO2 cylinder.
Open the cylinder tap slowly to let the liquid CO2 pass through the hose into the Cocoon.
Make the pressure hose pipe straight during CO2 fumigation and keep some support below at Inlet port, to prevent it from cracking and damage.
Once the Cocoon starts inflating and gets into balloon shape, open few centimeters of zipper track of the Cocoon to relieve excess pressure and oxygen.
Once Cocoon back to its original shape, close immediately the zipper track.
Repeat the above procedure 2-3 times to achieve maximum Co2 concentration.
Flush CO2 as mentioned in the table above to maintain O2 level below 13% for 14 days (CO2 above 35% for 14 days) or maintain O2 level below 10% for 10 days (CO2 above 52% for 10 days) to ensure all life-stages of insects are killed.
Check the oxygen level in Cocoon every day with the help of O2 analyzer through flexible gas inlet port and record the readings in observation chart.
