In an effort to save time, money, and precious resources, many companies are beginning to outsource their machinery and equipment needs to specialist suppliers. It’s important to understand exactly why:
- Reduce the Upfront Costs: Heavy-duty industrial equipment is incredibly expensive to purchase outright, especially when taking into account the exorbitant down payments and insurance premiums associated with today’s most prevalent apparatus such as winches, pulleys, and large-scale trucks. Thus, the decision to hire your equipment allows you to alleviate the strain on your budget by insulating and protecting your working capital; you simply pay a pre-established rental rate without having to fork over thousands up front.
- Eliminate Upkeep and Repair Outlays: Hiring your equipment also allows you to circumvent day-to-day maintenance requirements as well, which means that you’ll be able to avoid all of the most taxing overhead expenditures ranging from constant oil changes and module overhauls to component restorations and even site-to-site transference logistics. Your supplier will assume all of these liabilities and expenses.
- Depreciation and Storage: Instead of allocating a healthy portion of your budget towards a devoted storage warehouse and extortionate depreciation schedules, you’ll be able to sidestep these wasteful costs and focus on augmenting and bolstering your day-to-day operations. You don’t actually own the hired equipment so you’ll only have to worry about one expense – the rental rate.
If you’re ready to partner with a reputable heavy equipment supplier, such as Atlas Winch Hire, for instance, it’s in your best interests to properly vet and scrutinise each firm in your vicinity before picking a permanent partner. In this regard, the remainder of this article will highlight the most important questions that you should ask during your research efforts.
Do you adhere to regulatory requirements? First and foremost, you’ll have to ensure that your equipment supplier carries the ISO 9001 accreditation, which is the international standard that denotes the requirements for a comprehensive quality management system (QMS).
Which industries do you commonly work with? To ensure a multifaceted, involved partner, you should confirm that each organisation on your shortlist has at least several decades’ experience within the equipment-for-hire sector, ideally with a long-standing history of supplying provisions to the following industries:
- Oil, Gas, and Renewables
How extensive is your in-house product line? If your primary goal is to establish a long-term, mutually beneficial relationship with a single supplier, you’ll have to ensure that your firm of choice can provide all of the following equipment on a year-round basis:
- Hydraulic pulleys and cranks
- Cable provisions, accessories, and implements
- Hoists, winches, and cranes
- Inclusive mooring systems
- Powered industrial trucks and lorries
- Air-operated raisers and pullers
- Rigging equipment and apparatuses
- Cable drum trailers
Do you provide a top-to-bottom service? Last but not least, you’ll want to take the time to ensure that your supplier is able to provide assistance above and beyond just delivering the machinery:
- Initial site visit and free consultation
- Comprehensive inspection
- Complete installation and fitting of all required equipment
- Onsite training
- Machinery and instrument testing
- Ongoing upkeep, service, and repairs as needed
With this valuable information at your disposal, you’re fully prepared to begin vetting and evaluating the local landscape as a true professional would!