A smart level monitoring solution can be used in multiple domains within diverse industries like oil and gas, beverage, water, wastewater treatment plants, and others. The solution is well-equipped with the latest sensor devices and communication protocols that offer asset interconnectivity for better functioning of the industry. Using a level monitoring solution, the managers can easily monitor the inventories and manage the liquid stocks. It is a tool that can be very-well used to get real-time visibility about the thefts, or the number of days left in the existing stock.