Important Reasons To Upgrade Your Manufacturing Equipment

Everybody needs to upgrade their machinery and manufacturing equipment eventually. The question is whether now is the time, and if you have the right budget for it. The decision to acquire new gear ought to be a strategic one – you don’t want to spend too much money all at once, but you also want to make sure you treat your purchase like an investment so that it will pay off sooner instead of later.

Manufacturing equipment generally should be upgraded whenever machinery starts to degrade and needs a replacement, or if you have enough spare cash to give your performance and efficiency a bit of a boost.

Do you think now is the time for you to go for a major upgrade? Let’s find out.

manufacturing-equipment

When It’s Time for a Manufacturing Equipment Upgrade

As mentioned previously, there are many reasons why one should consider a manufacturing upgrade. In many cases, one reason will be enough if it is severe.

One big reason to upgrade manufacturing equipment is when your current equipment simply starts to degrade. This can mean maintenance becomes too difficult, replacement parts are too hard to find or the machine has simply become obsolete and its productivity levels are no longer in the green.

Another reason could be that your machinery no longer meets updated safety requirements or standards that have recently been put into place.

The Benefits of Manufacturing Equipment Upgrades

The first thing that goes through people’s minds is how much it’s going to cost them. This is a fair thing to do, as no one wants to spend too much money on a new piece of equipment or machinery while other aspects of their budgeting plan suffer. There should be a balance between short-term and long-term benefits, and this balance is how you’ll know if you are reaping the benefits of a manufacturing equipment upgrade.

Let’s say you opt for a relatively small upgrade to your existing tools or machinery, like installing a bench press controller. This can be something that costs you a few hundred or a few thousand dollars on day one, but will pay off in ways that will save you several thousand dollars after a couple of months, and then even more after over a year.

This would be a good way to strategically opt for a manufacturing equipment upgrade. A bench press controller could merely add efficiency and accuracy onto a machine that is still operational and in good shape, so it only needs an upgrade rather than a full-blown replacement.

A great example of this would be the Jobber Plus+ press brake control. It’s a bit on the pricey side but it contains so many features meant to optimize your workflow that it will end up paying for itself faster than you might expect.

Alternatively, a bad example would be buying an all-new bench press altogether when your current one is still adequate or better. This could be something that costs you a lot of money and will only have you seeing minor investment returns after a long period of time. This option should be avoided whenever necessary.

Upgrading your manufacturing equipment should always benefit you in these areas. That includes machinery that becomes more accurate, produces a smaller waste factor, has improved safety standards, improved energy efficiency and reduces labor and labor costs by providing more automation. In other words, something that saves you both time and money without breaking the bank in such a short amount of time.

Need Help Planning Your Next Upgrade? Contact Us Anytime

Do you want to strategically plan for your next manufacturing equipment upgrade but need a little assistance? Are you not sure if you just need a minor upgrade or a major overhaul? That’s what we’re here for. Contact us at Metal Tech Controls and we’ll help you sort out the perfect plan to optimize your budget and your machinery.