Innovation is the central part of business change and primary compelled to use modern technology, processes and products, the type of change that can influence competitiveness significantly. Pay-on-demand for equipment could be a functional approach for change for small/medium-sized manufacturers.
Only companies with large financial investments have access to good quality machines and also their maintenance. When compared with the workforce, economical and accessible, machines could be costly.
Some advantages:
· Efficiency – Machines generate more production with minor energy and within a limited time.
· Worker might be more dedicated to their work when they make use of machines.
· Improvement in the quality and quantity of products, as a machine, ensure high and large production rate.
· There is a cut in production costs and labour salary.
· Workers improve their technical skills through training.
· Higher salaries resulting in better living standards for skilled operators.
Some disadvantage:
· Machines are expensive to buy, maintain and repair.
· Machine with or without uninterrupted use will get broken and worn-out.
· Their maintenance or repairs are costly, difficult to set up and operate without previous training.
· The pollution caused by machine increases, generating waste, augmenting power or oil use.
· Health disorders can cause injuries if workers do not use personal protective equipment effectively.
· Unemployment – Machines replace man labour, as some times machines are more than workers.
A new approach to buying
Some agreements among companies around manufacture machinery and organisations that buy their equipment to manufacture their products:
· The acquisition of expensive manufacturing equipment can be bought outright, although companies seldom pay cash for expensive manufacturing equipment. For equipment purchased in this way, it often takes years for a company to recover their initial investment cost.
· They could get a loan to buy the equipment.
· The manufacturer could lease the equipment from the equipment manufacturer.
Manufacturers engaging in one or the other of the last two alternatives usually involves monthly payments, despite the demand for their products (e.g. end-user demand can go down; these manufacturers take on the market-based risk.)
The new approach is known as Machine-as-a-Service and requires a customer buying equipment with weekly or monthly payments centred on how much real market demand exists. In other terms, the equipment manufacturer would receive weekly or monthly checks according to the number of units produced on the equipment during the former period.
In this situation, the equipment manufacturer is taking on additional risk above and beyond any product warranty. Adding to the finance fees, agreed as acceptable anticipation, the equipment buyer is likewise paying for a sort of market-demand insurance.
This strategy might not seem correct to all equipment manufacturers, but there will possibly be some others who consider it a way to access technology; they otherwise would not have access. That might cause financial risk; this is a concern for many small/medium-sized manufacturers all around.
Further comments: There might be value-added for those looking to acquire manufacturing equipment, which you likewise would be willing to pay. Your supply management for original equipment manufacturers is worth the try.
Do you consider a ‘Machine-as-a-Service’ good strategy for your company?
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DC power is an essential element in the world of electrical engineering. It is a type of electrical power that has been used since the invention of the battery. To understand how DC power works, we must understand the concept of electrical charge. Electrical charge is the property of matter that causes it to experience a force when near other electrically charged matter. When electrical charges move, they create an electric current. In simplest terms, DC power is electrical charge that flows continuously in one direction and is produced by sources like rectifiers, batteries, solar cells, and fuel cells.
DC power has many advantages over AC power, which makes it ideal for various applications such as data centers, telecommunication facilities including cell sites, hospitals, airports, railway stations, and industrial facilities.
DC power is becoming increasingly popular due to the rise of renewable energy sources, electric vehicles, and telecommunication devices. Here are some advantages of DC power:
Efficiency
: DC power is more efficient than AC power because it does not waste energy in the form of heat. This makes it ideal for high-power applications such as data centers, electric vehicles, or heavy machinery.
Stability
: DC power provides stable and predictable voltages, which is crucial for sensitive equipment such as microprocessors and machine drives.
Scalability:
DC power can be easily scaled up or down to meet the specific needs of a particular application. This makes it suitable for both large-scale and small-scale projects.
However, DC power also has some disadvantages, such as:
Compatibility
: DC power is not always compatible with existing infrastructure or devices that rely on AC power. This can lead to additional costs or complications when switching to DC power.
As you can see, AC power is more ubiquitous than DC power in terms of its usage, but DC power is growing in popularity due to its higher efficiency, stability, and scalability. In the future, we can expect to see more industries and applications that rely on DC power as the demand for renewable energy and smart devices increases.
In conclusion, direct current power is an essential part of electrical engineering, providing many benefits compared to AC power. The reliability, efficiency, and convenience of DC power makes it the ideal power choice for many industries, highlighting its importance in today's world. It is important to continue research and development for DC power as we move towards a more sustainable and efficient energy future.
Carl is a distinguished professional with over 34 years of experience in the electrical and telecommunications industries. He started his career working as an electrical apprentice and worked his way up to Master Electrician. Carl was the proud owner and operator of C.J. Electrical Contracting Inc., from 1997 to 2022. Under his leadership as CEO, C.J. Electrical Contracting Inc. specialized in delivering E, F & I (engineering, furnishing, and installation) services to the telecommunications sector.
Carl's achievements include establishing C.J. Electrical Contracting Inc. as an approved DC Power vendor for Verizon Communications. His pivotal role extended to critical site restoration projects, notably contributing to the recovery of the West Street Central Office following the 9-11 terrorist attacks, the Belle Harbor Central Office after Hurricane Irene, and the Scarsdale Central Office post-Hurricane Ida flooding.
In addition, Carl holds several Master Electrician licenses in and around the NYC Metropolitan area, showcasing his dedication to professional development and expertise in the field.
An avid fisherman and accomplished ice hockey player, he currently serves as Vice President of AC Electrical Programs at ANS Advanced Network Services.
For inquiries or further information, please feel free to reach out to sales@anscorporate.com or (800) 268-0397.
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