Why Investing in High-Performance Industrial Tools in Indeed Worth It.
We would like to begin this week’s post, with an age-old saying that you would have heard countless times, “You get what you pay for.” The value of any item, be it big or small is determined by the price we pay for it.
The industrial tools you use at your factory or plant are no different. Sadly, most businesses fail to realize the huge impact of these small tools in the overall operation scale. We often see, businesses allocating a huge amount of their budget to purchase new machinery or equipment.
It’s rather unfortunate that these businesses don’t spare a second thought to purchasing the right tools that they will use to operate their machinery. After all, remember that your machines are only as good as the tools you use to operate them.
Here, in today’s post, we explore the true cost of your industrial tools and take a look at the reasons why you should invest in high-quality tools.
Here, at Alok Tools, we use a good, better, best principle to help you choose the best tools for each application.
Here are three questions to consider while purchasing industrial tools:
If you were to ask us, we suggest that you choose the best tools, to improve your outcome significantly. When you choose high-quality tools, you are not just boosting performance, but also ensure that the tool lasts for a long time.
Remember that best doesn’t equate to costliest always. Brands like Alok Tools provide high-quality tools at affordable prices.
So, how do you compare and evaluate Tools from Different Manufacturers?
This is where Cost-per-part comes into the picture. It’s a simple but effective benchmark used by engineers and estimators to determine the right tool for their business.
Simply put, this is a numeric measure that calculates the sum of all manufacturing inputs to give your hourly rate. It considers all expenditures like statutory costs, labour, capital equipment financing, raw materials, energy overheads and tooling to determine the final output.
The cost-per-part evaluates the total sum of all costs against the total output for a given period. When it comes to tools, you need to look for tools that offer you the most returns for your investments. This is why it’s essential to consider cost-per-part.
The tools you use to play a crucial role in influencing the output of all your machines. While purchasing industrial tools, you have to look for tools that have a long life. Several factors play a huge role in determining tool life. They are:
Aluminium and low carbon steels are soft and pliable compared to other commonly used alloys like INCONEL and titanium. If your machines are made from hard materials, then it takes a toll on the life of your tools.
When using tools, you should aim to reduce unwanted movement and vibrations to extend tool life. By using high-quality TIR precision holders, you reduce premature damage to your tools.
Very often, businesses choose tools that are just “good enough,” because of the low initial costs. They fail to consider the hidden costs of purchasing low-quality tools.
When you choose low-quality tools, they are likely to break down. This means, your processes get interrupted which in turn increases downtime and labour costs.
Low-quality tools are susceptible to breaking down mid-way through the process. This causes damage to raw materials as well as impacts the output of the process.
When you are replacing tools frequently, you have to consider the cost of the replaced tools along with your initial investment.
Considering all these factors, you can easily find that paying a bit more for higher quality tools is indeed worth it in the long run.
When you purchase high-performance and high-quality tools, you can recalibrate, reground and recoat it to extend the life of the tool.
Here at Alok Tools, we are pioneers and leaders specializing in Industrial Tools & Supplies. Our product team uses the best quality materials for tool making, and our product engineers use the best technology like micro-finishing and more to ensure that all tools we make last for a long time to come. Our tools are designed to withstand abrasion, resistance, wear, and tear.
Get in touch with us to know more about our tool manufacturing process and to find the best tools for your specific application.
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