It’s a question we get all the time: should you retrofit your equipment or rebuild? Each time a customer confronts us with this question we examine the situation with one particular thought in mind: how do we best help customers conserve capital.
In order to find the best balance of costs, we try to determine the comparison of initial cost versus downstream efficiencies. Simply, what’s going to cost our customers less in the long run.
Retrofitting Existing Equipment
Many times a customer will come to us needing to add a new part type to a production line or want to improve certain tasks in a process. Often, TCA can find a solution to upgrade tooling or certain components to minimize cost output. This typically works best for customers who have a product with a limited product life cycle or when the line that is being upgraded was built with modern design and programming principles.
Choosing to Build
Depending on the production environment, it may be cheaper for customers to redesign the equipment. By rebuilding the equipment, customers can typically resolve inefficiencies that they currently face. Customers likely will target reducing cycle time, eliminating operator input, reducing scrap, and improving future flexibility of the line.
When our customers come to us with this challenge, we examine all solutions available to try and give them the best overall picture of their options. If conserving capital today means continuously higher operations costs, we can examine how long it will take for a rebuild to pay for itself.
At the end of the day, the best solution is one where TCA can help customers achieve their wanted outcome at the best possible price. Contact us today to learn more about the options available to you.