MRO budgets will grow from $701 billion in 2021 to $897 billion by 2028, according to a study by Markets N Research.
MRO, or Maintenance, Repair, and Operations, usually covers supply chain management, industrial machine upkeep, technology advancement, artificial intelligence, the Internet of Things, and preventive maintenance solutions.
BinMaster sensors and software bring technology improvements with a quick return on investment. Besides replacement parts, companies budget for future needs like an inventory management system for the tank, silo, and bin installations.
“It’s a good idea to check in with us at the end of the year,” said Matt Virgillito, BinMaster Sales-International. “We’ll look at ways to get ahead of supply chain delays and get strategic with your bulk material management.”
Manufacturing is projected to be the fastest-growing MRO segment due to increased spending on Industry 4.0 and digitization. Spending often results in a significant return on investment through improved supply chain management, boosted productivity, and lower operating costs.
Virgillito said nowadays, customers with tank, bin, and silo-level sensors consider MRO spending earlier in the year. “People realize the importance of a tight bulk inventory system, especially with supply demand and shortages in the past few years,” he said. “Our customers want resilience. They want to lower the risk of production stoppages. Nowadays, that is more important than just-in-time spending philosophies.”
According to Supply Chain 24/7, manufacturers who traditionally focused on lean principles have experienced supply shortages, especially in the past two years. They said MRO risk-averse strategy helps ensure a continuous supply and availability of parts that have a major impact.
Advantages of Strategic MRO Spending
• Better efficiency
• Tax benefits
• Lowered costs
• Competitive advantage
• Reduce inventory expenses
• Improved productivity planning
• Lower repair costs and delays
• Reduced transportation expenses
• Increased capital efficiency
BinMaster
- +1.402.434.9102
- info@binmaster.com
- https://www.binmaster.com
- 7201 N 98th St Lincoln NE 68507 US
About us
BinMaster/Garner Industries is located in Lincoln, Nebraska, USA.
Operations that struggle with the challenges of inventory management and timely replenishment of all types of powders, bulk solids, or liquids can monitor silo levels on their smartphone, tablet, or desktop with complete solutions from BinMaster. A complete suite of continuous level sensors, point level indicators, material management, and inventory monitoring devices and software simplifies material management while keeping people safe from the risks of climbing silos.
The Lincoln Nebraska, USA company manufactures sensors and software used for monitoring levels in bins, tanks, silos, chutes, and hoppers. Continuous level measurement options include SmartBob cable-based, guided wave radar, laser and 80 GHz non-contact radar, which are all compatible with Binventory™ software. Battery-powered, wireless laser level sensors are compatible with BinView® or FeedView® web apps for remote monitoring.
The unique 3DLevelScanner measures and maps material for volume accuracy and is the only sensor to generate a 3D image of silo contents. BinMaster is the exclusive worldwide supplier of this unique technology and has commissioned these sensors in bins containing powders and solids for over a decade.
Point level indicators provide automated level alerts using rotaries, diaphragm switches, capacitance probes, tilt switches, and vibrating rod level sensors. Dust detection devices alert to baghouse leaks and unsafe particulate levels. Flow detection sensors prevent cross contamination and assist with FSMA compliance for human and animal feeds. Aeration devices keep powders and solids flowing so they don’t pack in hoppers, along bin walls, or in the cone of the vessel
Robust, custom systems can be developed for a single site or networked for every bin, tank, and silo across a multi‐national operation. Add Stockpile Reports for pile inventory using images from an iPhone or drone to a SaaS dashboard. Monitor livestock feed inventory from a phone, tablet, or PC with the FeedView® web application.
BinMaster is US manufacturer certified to ISO 9001 quality management systems – requirements. For more information about BinMaster, visit www.binmaster.com.
What we do in a nutshell
BinMaster provides accurate inventory management for processing industries that store materials in bins, tanks, and silos.
Where we supply to
UK Ireland, Africa, Asia, Australia, South America, North America
Industries we supply to
Chemicals, Energy and Power, Food and Beverage, Glass Ceramics Cement, Metals and Minerals, OEM, Paper and Pulp, Pharmaceutical Cosmetics Toiletries, Plastics and Rubber, Recycling, Tobacco, Water and Wastewater
Something interesting you may not know about us:
BinMaster is a subsidiary of Garner Industries and has fully integrated CNC machining capabilities.
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