According to Stephan Robertson, General Manager/VP Sales & Operations at SIMPAC America Co. Ltd., “This is why SIMPAC has prioritized the current development in place with D&S Machine Repair out of Hastings, MI. We recognize that customers must have immediate access to critical spare parts.”
4. Price | performance ratio
Don’t sell yourself short by purchasing based on only price or performance. Look for capital equipment suppliers that can offer a fine balance – regardless if you are interested in used or new machinery. For example, SIMPAC achieves its renowned price/performance ratio by combining German engineering with Korean efficiency. This combination appeals to many on a global scale because metal formers become emotionally attached to brands based on price, quick turnaround, or high-tech advancements. Eliminating that “either-or” provides options that metal formers need, and suppliers have to start broadening their support in this area if they hope to maintain a solid level of trust between brand and consumer.
5. Quick delivery
Quick delivery is a huge benefit that capital equipment suppliers can provide for metal formers. The trick is finding suppliers that possess a controlled production process, exclusive industry connections, and a strong logistics
team.
“The reason SIMPAC can provide unbeatably fast delivery times boils down to our extensive production capabilities, massive inventory of plate, and casting, gear, and fab shops that ensure competitive time and cost-efficient production of high-quality, sophisticated press systems,” Robertson states.
6. Turnkey solutions
Implementing automation via only one supplier will go a long way in saving on costs. Not to mention, it is much easier to work with one supplier as opposed to outsourcing for various additions to your established press lines. Finding a supplier that can support metal formers by providing turnkey solutions is essential if metal formers wish to increase throughput—regardless if the automation is an upgrade to an older-generation machine, or a new press line. Suppliers must be able to offer options and work closely with metal formers. For this reason alone, SIMPAC has developed partnerships with various suppliers to expand its product portfolio—partnerships that appeal to diverse markets such as Siemens, Allen Bradley, Baumüller, and others. Just because a supplier may not produce certain parts does not mean they cannot provide said parts for the metal former.
The Results:
Refer to the six solutions above when evaluating the capital equipment suppliers you currently work with, as you can measure the overall impact the supplier has on your business in the following ways: reachability, quality, efficiency, and opportunities.
Reachability: How quick was the turnaround when requesting service and spare parts? How did this impact your shop in regards to production delays, etc.?
Quality: You’ve invested in capital equipment, but how many production runs were possible before service was needed? How much did you spend on such equipment, and additional parts if applicable, in comparison to the profits made?
Efficiency: How long did it take for your equipment to arrive? Did this delay production or increase labor hours? If automation was implemented, what was the difference in throughput compared to before?
Opportunities: Has the partnership with your press manufacturer provided you with connections to other suppliers? Does your supplier have enough turnkey options available, or do you have to spend more time and money researching and building relations with various other suppliers?
To learn more about how you can increase profits, remain competitive, and EXPLORE THE DIFFERENCE with SIMPAC, contact info@simpac-america.com.
Metal Forming Strategies for Overcoming Economic Crises
SIMPAC America LinkedIn
SIMPAC America Facebook
SIMPAC America Instagram
SIMPAC America Twitter
SIMPAC America YouTube
See also: SIMPAC America Co. Ltd.
Technologies: Stamping Presses
Manpower will be diminished during economic downturns (layoffs, furloughs, etc.), so capital equipment suppliers need to be able to provide the technical expertise to keep their customer’s equipment operational in the interim. 
Webinar