In this regard:
Client wants inventory to be available as and when required in satisfactory condition to trade specifications. Krost provides accurate information on status of inventory and on parties’ obligations to the transaction agreement relating to the inventory.
In doing so, Krost:
Conduct physical verification of inventory to check for deterioration, loss and damage
Also undertake valuation of inventory and give a current market value
Check if goods are under proper care i.e. if properly stored, stacked and also check on safety and hygiene aspects or standards of warehouse keeping financed inventory
Issue certificates that are not only valuable to banks, borrowers but also useful to stock brokers, commodity exchange and insurance firms.