Determining the cost of repairing industrial equipment

Every company with industrial equipment in its assets secures funds for unplanned repairs early in the financial year, preparing for emergency situations. However, there are other situations that may require such expenditure. These may include planned repairs, the sale or rental of equipment, the reorganisation of company assets or the use of equipment as loan collateral. In these cases, quality repairs significantly improve the condition of the equipment, increasing its value and compensating for the current level of wear and tear.

Professional industrial equipment repair varies in approach and method. Manufacturers of industrial equipment often prefer modular repairs, involving the replacement of entire units, which always involves high costs and a long downtime for the customer's company. In addition, the replacement of a unit does not always solve the problem of restoring full functionality to the equipment, as the cause of failure may lie elsewhere. Component-level industrial electronics repair is more cost-effective as it uses a systematic approach with local replacement of damaged components and assessment of the overall condition of the equipment. This type of repair can save up to 75% of the cost of buying new equipment and reduce downtime to 2-15 days, as is the case with our company.