Local stock vs. longer lifespan
Do you choose local stock and quick delivery or do you choose longer expected lifespan? There’s never an easy answer when you run into a problem in your plant. With so many factors to consider, how do you decide which is most important? Sometimes it’s best to choose the product with longer service life, while other times you need the one with greater speed capability. In one situation you might choose the item that is less expensive, while another time you might require immediate availability. We’re here to help you prioritize and to get you exactly what you need for that specific application and set of circumstances – and help you get down to the numbers.
Success Story
Industry – Paper
Region – Northwestern PA
Cost Savings – $20,000
Problem
The customer was about to have a breakdown on a pillow block and another supplier could get them a replacement by the next day. Unfortunately, waiting until the next day would be detrimental to their production schedule.
Solution
We had local stock and were able to provide them with a replacement pillow block within the hour. It wasn’t the brand that they’d requested and may result in a shorter lifespan – but it was more valuable to them at the time to get the line up and running again immediately rather than waiting on a day of downtime.
Savings Calculation
The customer estimates that avoiding the day of downtime saved them $20,000. They believed that they would lose less money overall by choosing the part that they would have to replace sooner. Because of this, they chose the local stock and quick delivery.
This isn’t always the case! Talk to us about your problems and needs and we’ll make sure to advise the best solution for your needs. We measure our success in yours, so you know we’re always on your side.