Since the advent of the Internet of Things (IoT), traditional tools have become increasingly integrated with newer technological solutions to make processes faster, cleaner, and smarter. Such improvements have now come to the field of waste management and they can save you tremendous amounts of time, stress and money, all while simultaneously benefiting the environment.
Compactor monitoring systems take advantage of smart sensor technology, which features the most up-to-date advances in IoT functionality. By using IoT and Machine-to-Machine (M2M) data sharing technology, formerly manual tasks such tracking and recording bin weights, entering data, and producing comprehensive operational reports can be automated and completed in a highly efficient and cost-effective way.
New compactor monitoring systems also give access to reliable, real-time information that enables revolutionary changes in the waste management process on a city-wide level.
Here are five ways that compactor monitoring systems can save you money and generate more revenue for your business.
1. They Increase Efficiency and Reduce Operational Costs
One of the primary reasons to switch to compactor monitoring systems involves the significant cost reductions that can be achieved through increases in operating efficiency. These gains come from remote fullness monitoring, which tracks bin fullness in real time and enables on-demand hauling. This allows organizations to switch away from costly and potentially wasteful fixed-schedule hauling towards more precise on-demand hauling. A US national grocery chain that implemented Sensa Networks’ remote monitoring solution saw a 50% reduction in pickups alongside a 41% weight increase over the same 44 day span. This, in turn, saved thousands of dollars per month in pickup costs alone.
The outright elimination of unnecessary pickups under on-demand hauling reduces corresponding labor and fuel costs while also reducing carbon emissions. This reduction in carbon emissions will become especially welcome if carbon taxes become a reality in the United States, as they have in Canada.
Furthermore, the increased efficiency that comes from remote fullness monitoring also lowers overhead, as less time must be spent performing such rote tasks as confirming haul data, which in itself can take 4 hours or more per week. This real-time monitoring also allows organizations to become aware of problems much sooner and avoid the labor costs required to manually check for any operational issues.
2. They Provide Complete Sets of Data, 24/7
As already mentioned, compactor monitoring systems provide data in real-time, around the clock. This consistent stream of information is available at the level of an individual compactor and measures vital statistics like fullness and weight data. This information can be used in turn to properly set thresholds in advance and ensure a smooth hauling process.
Given that irregularities exist on a seasonal or even daily level, this reliable stream of data is important in maintaining hauling efficiency at all times and reducing the need for a complicated system of dealing with variable fullness and weight.
3. They Track Equipment and System Performance
Compactor monitoring systems also allow the close tracking of equipment operation and system performance over time. Due to the remote diagnostics functionality of equipped sensors, it is possible to know at all times whether assets are working properly or whether service calls are needed. This allows for a much more accurate understanding of the budget required for repairs or replacements well in advance of any breakdowns.
Such predictive maintenance keeps costs low and controlled and ensures that company resources are being directed towards their most valuable uses at all times.
4. They Free Up Resources for Revenue-Generating Activities
Thanks to the vast improvements in efficiency and corresponding cost reduction made possible by the adoption of compactor monitoring systems, more resources are freed up to be allocated to revenue-generating activities. The hours of time saved from eliminating unnecessary manual tasks like drafting reports, entering data and dealing with unexpected but avoidable hauling complications can now be dedicated towards pursuing more profitable avenues, like providing higher-quality service and corporate expansion.
The concept of opportunity cost holds that the cost of pursuing one opportunity also includes the price of not pursuing other opportunities. Every business has an endless list of potential projects and improvements but only so many resources to devote to pursuing them. Compactor monitoring systems directly contribute to the benefits accrued by the new opportunities made possible by trimming the time and manpower required for waste management solutions.
5. They Make It Easier to Meet Environmental Goals
The increasing trend towards sustainability has placed a new burden on organizations to prove that they are operating in an environmentally responsible way. Whether a municipality is seeking to prove compliance with regulations or a business is looking to demonstrate adherence to a corporate environmental initiative, compactor monitoring systems that use M2M wireless communications are capable of tracking efficiency metrics and generating detailed insight reports. These reports are easy to understand and can be customized to match the documentation requirements of any particular audit process.
Automatically generated insight reporting is the most effective way to ensure compliance with local regulations and perform annual waste audits while also bolstering your brand by providing full accountability and transparency into your waste management process. Since the data is available at a compactor-by-compactor level, it is more than detailed enough to let you quickly correct any idiosyncratic inconsistencies and meet all of your sustainability goals.
Waste Management Solutions by Sensa Networks
Sensa Networks’ Pandora Platform is an all-in-one solution, designed to save money and generate revenue for our clients. By combining the efficiency of remote fullness monitoring with the real-time performance tracking of remote diagnostics, we seek to deliver tailor-made solutions to our growing list of satisfied clients.
We have over 10 years of experience in tailoring modernized waste management solutions for a diverse range of clients, from universities and hospitals to municipalities and OEM manufacturers. We are confident that we can help you save money and generate more revenue while also meeting your sustainability goals.
Please contact us today to receive a free quote and to learn more about our innovative solutions that are making the world a greener and more sustainable place.