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Posts tagged 'Bulk Inventory'

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Culture & Digital Transformation in Bulk Supply Chains
Culture & Digital Transformation in Bulk Supply Chains
Improve Carrying Costs with Bulk Measurement Systems
Improve Carrying Costs with Bulk Measurement Systems
Girl measure pharmacy bulk material.
Cyber-Physical Technology for Pharma 4.0
Forecasting bulk materials.
Sensors Serve Up Data for Demand Forecasting
Digital Transformation ebook
Digital Tranformation in Bulk Inventory E-Book
smart silo and BinCloud
Master the Art of Smart Silos
Flow detect sensor
Preventing Plugs in Food Processing
Global Supply Optimization, Material Aggregation
Global Supply Optimization, Material Aggregation
Human-Centric Sensor, Software
Human-Centric Sensor, Software
One Login for Multiple Sites, Bins
One Login for Multiple Sites, Bins
sustainability and bulk material monitoring
Sustainability & Bulk Material Monitoring
How Industrial Internet of Things (IIoT) Drives Bulk Solids Management
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Impact of IIoT Systems on Bulk Solids Management

Now more than ever, manufacturers expect—and must navigate—volatile supply chains and pricing. Effective bulk material management begins with smart systems that make data easily accessible, which ultimately helps strengthen inventory control.

Level sensors and software from BinMaster help industrial operators accomplish the leading principles of Industry 4.0 and Industry 5.0. From supporting the implementation of machine learning models to automation and human-centric data reports, learn more about the components—and the whole picture—of Industrial Internet of Things (IIoT) solutions.

CNCR-390 and BinTrac A-Frame Load Cells for Inventory Measurements
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Level & Weight Measurement Technologies for Accurate, Automated Operations

Level sensors and bin scales have their own unique applications. Utilizing both in one inventory management system provides many benefits, including real-time monitoring and redundancy to verify the accuracy of measurements.

But in which situation or conditions is each method of measurement best suited? Will remote inventory monitoring software be necessary, or is local data integration a better fit?

Find the answers and learn more about these systems in BinMaster's whitepaper, "Level & Weight Measurement Technologies for Accurate, Automated Operations."

Load Cell Based Inventory Systems for Accurate, Efficient Bulk Material Management
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Load Cell Based Inventory Systems: Accurate, Automated Inventory Measurement for Bulk Materials

When it comes to measuring and managing bulk inventory, precision and visibility are essential. Load cell based inventory systems provide accurate bin weights as actionable data, helping industrial processors, agricultural operators, and livestock producers account for bulk materials and make better business decisions.

Additional offerings such as batch controls, remote monitoring software, and interfaces for easy integration into local controls allow even more flexibility.

In this whitepaper, learn the benefits of load cell based inventory systems, unique considerations when choosing a system, and the impressive return on investment that accurate bin weighing systems may provide.

Bean Counters Count on BinMaster for Inventory Precision
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Bean Counters Count on BinMaster for Inventory Precision

Accounting professionals and bulk operators grapple with inventory accuracy challenges that impact financial statements and operations planning. Traditional measurement (tapes and spreadsheets) often result in substantial discrepancies.

Precise inventory data plays a pivotal role in several key areas. It ensures financial reports, including balance sheets and income statements, accurately reflect the company’s position.

This accuracy is crucial for tax planning, helping avoid overstated profits that could lead to overpayment of estimated taxes. Correct inventory levels are essential for optimizing working capital management and cash flow, preventing unnecessary purchases. In cost accounting, accurate data provides a clearer understanding of the true costs of goods sold. Learn how BinCloud® provides this valuable accuracy to operators worldwide.

sustainability and bulk material monitoring
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Sustainability & Bulk Material Monitoring

Food, consumer products, packaging…nearly everything…involves the use of bulk solids at some point during their manufacture. In the retail world, inventory record accuracy costs an average of 1.75% loss of revenue. Their suppliers also suffer up to 0.73% loss of revenue. In a world of Industry 4.0 and block chain practices, a discrepancy with inventory measurements undermines inventory control, makes ordering decisions ineffective and results in poor delivery and higher inventory costs.

smart silo and BinCloud
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Master the Art of Smart Silos

Smart silos, equipped with advanced sensors, data analytics, and automation, revolutionize bulk storage conditions and ensure product quality and safety. Intelligent inventory systems leverage IoT and cloud to minimize waste, enhance inventory management, and optimize processing operations. BinCloud BinMaster’s centralized software platform collects and presents data from continuous level sensors. It includes easy-to-understand graphical reports for multiple silos in one, or more, facilities. Intelligent silo systems eliminate the need for risky manual measurements, offering real-time level measurements and allowing administrators to delegate tasks with emailed reports.

Industry 4.0, Safety and Worker Shortage
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Industry 4.0, Safety and Worker Shortage

While manufacturing managers were implementing the Industry 4.0 philosophy, COVID-19 hit. The pandemic brought worker and supply chain shortages and accelerated the effort to boost technology in manufacturing. BinMastersensors and software fit perfectly into Industry 4.0 goals.

Forecasting bulk materials.
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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%.

Improve Carrying Costs with Bulk Measurement Systems
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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
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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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