As a player in the hugely competitive woodworking industry, we need to leverage every dollar and effort that we bring in. As in any industrial machinery space, we need to look beyond the obvious and find opportunities to extend our competitive advantage. This note takes a holistic view of the 6 critical dimensions that can be positively influenced to make us a winner!”
Quality and reliability
This dimension forms the cornerstone of any industrial machinery. They must be of high quality and reliable to meet the stringent and consistent demands of the industry. As a user, we need to look for equipment that are durable, efficient, and easy to maintain. While OEM equipment are expected to deliver this, in the case of preowned machinery, we have the benefit of seeing the past performance and the feedback of prior users. The checks that our experts take the machinery through, adds to the quality and reliability
Innovation and Technology
This dimension makes woodworking uniquely challenging and offers unprecedented benefits The woodworking industry is constantly evolving, with new technology and trends emerging. One can stay ahead of the curve by developing innovative and advanced machinery. This would give a competitive advantage and growth. However, there is a challenge of workability and economics when trying to do evolved products with older machinery. Investing in a new machine at the rate that new machines and models get introduced might not be practical or prudent business decision. Preowned machines offer the most optimised solution here. Besides saving on the cost of a new machine, our value based exchange program for your old machines would further reduce the capital expenses need for an upgrade. It is equally important to understand that you might be in luck to find that new model of machines you were looking for on MachineryMax platform along with all the mounting, commissioning and other accessories needed to make the upgrade fully functional.
Price and cost-efficiency
Woodworking is a very mature and evolved industry, and it mandates that the machinery must be offered at a competitive price and be cost-efficient to operate. Our offers of equipment (and accessories) at a reasonable price point, without compromising on quality or performance, makes it truly attractive and helps them extend their dollars to the maximum. We typically see an asset barely used for less than 25% of its productive life available at almost 50% of the EOM price. Added to that there are cost benefits in terms of the total cost of getting the asset live. There are hardly any benefits that a new procurement offers to offset the price and cost efficiency preowned assured machinery.
Customer service and support
We expect excellent customer service and support as a part of the sophisticated and intricately designed machinery. The OEMs make this a key value proposition for the buyers and invest heavily in ensuring that their machinery delivers the promised value at the shopfloor. We have also heard the preowned machine buyers feeling frustrated due to lack of support and the pinch of increased service costs. Going through MachineryMax makes your purchase as pleasant and efficient as an OEM though a backend agreement with authorised service teams to support the assets bought through us. They also collaborate with us in ensuring the worthiness and product life of the asset we put on our platform. This ensures that we can extend the same training and technical assistance, as well as quick and effective responses to customer inquiries and problems (at a very affordable AMC fee), as you would expect from the OEM team.
Brand reputation and industry partnerships
We all understand the value of a brand, its reputation, and the relationships it has within the industry. The brands which have withstood the test of time and consistently delivered value for its users have enjoyed better margins, loyalty, and lasting relationships. We rarely see woodworking industry go for a lesser price at the cost of brand and performance expectations. That will be a penny-wise approach that woodworking industry doesn’t follow. Instead, by going for validated and thoroughly inspected pre-owned machines there is a huge advantage. Specially if they come with strong brand reputation and partnerships in the industry. Being the leader in the woodworking space, MachineryMax have plenty of branded machines available and we can help a buyer establish credibility and trust with the sellers diligently.
Efficient and effective logistics and supply chain management
Woodworking machinery is usually large and heavy equipment that needs to be transported and installed on site, it’s important for the buyer to be assured of efficient logistics and supply chain management in place to ensure timely delivery and installation of the equipment. More so, it important that once the asset is bought no time is wasted in exploring planning or worst, experimenting. It is critical that, before a deal is signed, these aspects are well explained and understood. In any auction the familiarity with the asset in terms of its physical requirements, moving, and commissioning is well known, there are fewer surprises. Being in the business for long, MachineryMax ensures that no time is lost in finding the most affordable, secure and prompt logistics partner is available to get the asset to the needed location and commissioned with minimum delays.
These six dimension allows us to clearly evaluate the pros and cons of auction as against the EOM purchase. It’s a pure business decision that needs to be weighed against the value it creates. The functionality, dependability and profitability should be clearly compared before making a decision to go for one or other. When you come to macinerymax.com you can be assured of one thing, we are on your side and have taken every conceivable steps to ensure that you can make the right decision.
