![]() OEMs provide the highest levels of support for newer machinery. Your equipment operators and maintenance teams may not have access to support and documentation may be difficult to find, especially if the OEM has gone out of business. ![]() Relying on older equipment sometimes means that the manufacturer may no longer support it. It is likely to break more often, and you have to make allowances for routine repairs and stoppages for calibration. Older machinery tends to require significantly more maintenance. There is a broad range of concerns that you cannot avoid if your equipment is approaching the end of its lifespan. Ultimately, modern industrial equipment is more energy efficient and performs processes more rapidly, which means higher returns on investment for your resources. Upgrading equipment may improve safety and facilitate process automation, which reduces labor costs. Modern engineering and manufacturing environments have additional considerations to address. A suitable investment in new equipment makes it possible to deliver higher quality products while creating less waste. Productivity increases inversely in proportion to downtime, which means that to maximize output, you must minimize time lost to stoppages and breakdowns. In addition to avoiding this downtime, there are many significant advantages to upgrading your equipment: better performance, better support, and fewer repairs, entering new markets, and more! Optimization and Efficiency If you know that certain equipment isn’t going to last much longer, it will pay off, in the long run, to replace it before it causes big problems. When you’re operating predictively, you have a better understanding of your equipment and you’re more able to plan ahead. This results in costly (and frustrating) unplanned downtime. If you wait until your equipment fails beyond repair, you’ve waited too long. This is where it pays to operate on a program of predictive maintenance. ![]() Careful planning and a program of partial upgrades can spread out the cost while still addressing the most urgent areas of concern. Once this is complete, you can make educated decisions it may make more sense to upgrade specific machines before the rest of the line. It is critical that you evaluate all equipment and temperature sensors during this process. When is it Time to Upgrade Industrial Equipment?īefore you decide whether or not to upgrade your equipment, you need to complete a thorough assessment of the condition and likely lifespan of your equipment. So when is it time to upgrade industrial equipment? The question demands careful consideration. It’s a balancing act: you don’t want to spend all your money on new equipment if your old equipment is getting the job done, but you don’t want to be left in the dust as other manufacturers make big upgrades. Upgrading industrial equipment is an investment in the future, but it is a capital expense that is challenging for most companies. ![]()
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