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White Papers
System Considerations when Monitoring Bin Levels in the Grain Industry
The grain industry faces many challenges in managing inventory in large bins where a single vessel may hold a million bushels, making "binventory" crucial to the profitability of an operation. This white paper discusses how continuous-level sensors can be sued for accurate inventory management for local or company-wide monitoring. The are various options available for data reporting, including cloud-based applications, software, consoles, and automated text and email alerts. Learn about matching the right type of sensor for your operation for bins large and small, plus how point-level indicators can be applied for affordable high and low-level alert conditions.
Digital tranformation in bulk inventory e-book
Not long ago, bulk material management involved dirty clipboards, dangerous climbing, and long tape measures to determine grain, plastic, and cement levels in a bin or silo. Enter digital transformation which replaces antiquated processes using high-tech instruments like BinMaster level sensors and cloud software.
Digital transformation improves supply chain resilience, automation, accuracy, and efficiency, benefiting people effectively collaborating in a digital system.
BinMaster technology fits into the category of Internet of Things (IoT) which describes a wireless network of devices embedded with sensors for the purpose of connecting and exchanging data.IoT is automating manual tasksin the manufacturing industry.
IoT inventory sensors and software:
> Provide insights for data-driven decisions. Increase efficiency and drive down costs
> Shorten lead times for production
> Reduce carrying costs and last-minute purchases
> Reduces waste on bulk inventory that could spoil
> Integrates inventory data to Enterprise Resource Planning systems
> Streamlines transportation and timely ordering
> Requires less labor and guesswork
Eny, Meeny, Miny, Mo Sensors
Point-level sensors are inexpensive, easy to use, and durable, but you gotta choose the right one for the right situation. Proper level measurements, alarms, and inventory control should involve more than eny, meeny, miny, mo, and BinMaster representatives can help.
Sensors serve up data for demand forecasting
In the fast-paced world of industrial operations, the efficiency of managing bulk materials plays a pivotal role in determining the success of businesses. This article delves into the crucial aspect of demand forecasting and its impact on inventory costs, resource allocation, and overall profitability. Whether it’s powders, pellets, or solids, the frequency and strategy of replenishing materials can significantly affect the bottom line. The article emphasizes the proactive approach of demand forecasting, citing studies that show potential cost reductions of up to 20% to 30%.
Cyber-physical technology for Pharma 4.0
The future of pharmaceuticals liea with Pharma 4.0, where cyber-physical technology secures manufacturing integrity. Embracing automation, autonomy, and decentralized ecosystems, Pharma 4.0 integrates the Internet of Things (IoT), Cyber-Physical Technology (CPT), and Artificial Intelligence (AI). Technologies like BinMaster inventory sensors and IoT software play a pivotal role, proactively safeguarding processing and monitoring systems from potential cyber threats.
Procurement optimization for bulk material supply chain
There’s money to be made through smart supply chain strategies like procurement optimization, material aggregation, and strategic sourcing. During the past 30 years, total global material consumption has increased by 80% and is projected to reach 180 billion tons of different materials by 2050.
“We’re engaged with industries using predictive data,” said Conrad Woerner, BinMaster Supply Chain Manager. “If a company can access its bulk material needs and realize just 1 or 2% waste reduction, or create an ordering rhythm to purchase at a lower price point, it could create millions of dollars return on investment.”
Bulk Density Key to Bulk Material Storage
What is bulk density? In simple terms, it’s mass per unit volume of powder, liquid, granules--any material-- in a bulk state. When handling solids or powders, a bulk material’s weight is usually stated as lb./ft3 or g/cm3. Veteran processors often have their material weights memorized. While the graphics and easy-to-understand reports on BinCloud seem simple, bulk inventory information results from numerous calculations like vessel size, headspace, and the material's density.
Improve Carrying Costs with Bulk Measurement Systems
Before COVID and the supply chain crisis, industries relied on savvy just-in-time ordering to minimize carrying costs like warehousing, tied up capital, product spoilage, and waste. According to Investopedia, such carrying costs represent up to 30% of total material value. “We’re navigating the same supply chain waves as our customers,” said Scott Hudson, Executive VP Sales & Marketing, BinMaster. “We’re still hearing from people who can’t get their materials delivered on a consistent schedule, so they’re really using BinMaster for planning orders. They just can’t afford to shut down production because of a bad or outdated measurement.”
Industry 5.0 Techno Social Revolution
As organizations polish Industry 4.0 tools and processes, a new focus has emerged to define ways to benefit employees, sustainability, fairness, and human interactions. Industry 5.0, in some ways, benefits from 4.0 achievements automation and process improvements. Industry 5.0 points to sustainable, human-centric goals and asks, “are we supporting future societal values?”
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