How to Get More ROI on Manufacturing Machinery
release date: 04/13/2016
tags: Machine Maintenance
For any commercial operation, ROI is a critical factor to consider. Manufacturing machinery, in particular, can be an incredibly expensive investment so it’s critical to know what to expect in return. When spending tens and even hundreds of thousands of dollars on parts and machinery, a few cents per operation can really add up!
How can your operation best protect its manufacturing assets long term? Here are a few ways to get more ROI on your machinery.
Go Big from the Get-Go
It’s a fallacy to start small then upsize as your operation’s needs grow. While it’s possible to upgrade and relocate machinery, doing so can present an unnecessary expense that could be avoided by smarter initial purchasing decisions. Over time, spending more on larger-output machinery – as well as high-quality trusted brand name parts - in the initial stages of factory design will almost always save your organization money as production grows, increasing your long-term ROI.
Insulate Better
Mechanical fatigue is one of the leading causes of breakdown and parts replacement. Proper lubrication and fitting help, but insulating your mechanical machinery against unnecessary friction you’ll likely increase output, speed, and efficiency through several levels of the manufacturing process. Less time spent repairing and waiting on your machinery means higher revenue.
Automation is the Answer
In many applications, robotic automatic can decrease errors, inefficiencies, and ensure a smooth production run. Intelligent automation equipment is less expensive than you might think, and nearly always reduces waste and man-hours on the manufacturing floor. Everything from actuators to vacuums to air compressors can be automated, and doing so might save you both time and money.
The Solution is Service
Overall, the single best thing you can do to support greater ROI is to maintain and service your machinery regularly. Scheduled service can help your team avoid downtime, injuries, and might even prevent you from having to replace an entire machine or part earlier than necessary. All machines eventually develop problem points and an experienced technician can help identify potential failures before they happen. It’s also a smart idea to invest in a comprehensive insurance policy explicitly for your most valuable machinery.
Protech International specializes in helping you get the most for your money when it comes to quality machinery and parts. Whether we’re consulting on a new machine install, training your team to most efficiently use their equipment, or emergency repairing a critical component, your bottom line is important to us.
Contact an experienced Protech team member today to find out how our parts and service will save you money.