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Counting the Costs of Smart Sensor Ownership

Counting the Costs of Smart Sensor Ownership
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Counting the Costs of Smart Sensor Ownership

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Whether you’re managing one worksite or several, one thing’s for certain: the costs add up quickly. From material refills to equipment installation and maintenance, implementing quality level sensors is necessary to keep operations in order and support your
supply chain.

While Total Cost of Ownership (TCO) is most often referenced in the realm of vehicle sales, its benefits extend to site managers, engineers, or operators looking to make the most out of their tools. When researching a new instrument or device, TCO helps calculate all possible costs related to the purchase, operation, and upkeep of a product. 

There are many variables to consider when determining TCO: service life, costs for both expected and unexpected maintenance, and even the cost of retiring the product. BinMaster’s product offerings provide a satisfactory TCO with reliable sensors and readily available, friendly assistance from the experts.

BinMaster point and continuous level sensors provide supply chain control and optimization in several ways:

  • High-, Mid-, and Low-Level Indicators prevent overfills and dry runs, and ensure materials can be scheduled and delivered to keep operations running as planned
  • Process Control allows sensors to stop or start processes automatically at certain material levels, and can help prevent bad batching and product waste
  • Precise Solid, Liquid, Powder, and Slurry Measurements keep bulk inventory at sufficient levels, eliminating excess waste and reducing carrying costs
  • Pairing with User-Friendly Inventory Management Software helps companies buy smarter, provides a real-time glimpse into bin, tank, silo, or vessel levels, and saves time thanks to historical reports, automated alerts and notifications, and effortless ordering

Our sensors and BinCloud® software provide remote monitoring capabilities that can reduce labor costs. No more climbing bins—sensors send measurements directly to the user’s phone, tablet, or PC. This may produce a desirable boost to TCO estimations.

Read the whole article to learn additional benefits that may factor into a profitable TCO.

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