Minimizing your spendings on capital equipments

Times are tough and smaller firms are struggling hard to minimize their spendings on capital equipments. Engineers and technicians at these firms are having a tough time in trying to extend the lives of equipment on the shop floor without compromising on productivity and quality.

Eddie Silverberg, CEO of Flexible Assembly Systems, a leading integrator of torque screwdrivers, torque testers, and material handling systems, has laid out some simple techniques which have helped his customers reduce unnecessary spend on capital equipment.

The firms should ask the manufacturer tips and advices as to the proper use of the equipment and how to extend the usage life of the equipment. A thorough knowledge of the product as well as some background research can add many months and years to the life of heavily used tools and equipment.

Your browser may not support display of this image. Regular maintenance at regular intervals is a must for increasing the life span of the equipments. Manufacturing firms, large and small, can face significant issues around throughput and product quality if equipment isn’t properly maintained. Maintenance has to be done on a regular basis and not when the problem arises. This not only saves time, money and harassment but also improves the product quality.

The firms may also enter into a contract with some outside agency for regular maintenance of their capital equipment. There are many firms that specialize in maintaining and calibrating the equipment you already own

For the simple repairs, the firms can buy the spare part and fix it themselves. For this, when purchasing capital equipment, find a company that sells the equipment, knows how it’s put together, and sells the spare parts

Putting in a bit of effort and caution while purchasing equipments can go a run long in cutting costs, producing quality and doing away with quick replacements.


Posted on : Aug 20 2009
Posted under Companies, Equipment, Logistics, News, Strategy |



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