Industrial pros face hidden costs daily. We reveal proven solutions.
The Hidden Cost Challenge
Automation projects often carry 15-30% extra expenses. Maintenance and downtime are key culprits. For example, 40% of PLC failures start with poor vendor parts. Therefore, smart supplier selection saves millions.
First: Prioritize Lifetime Value
Reject low upfront bids immediately. Demand 10-year lifecycle data instead. Tier 1 PLCs reduce downtime by 25%. Additionally, efficient models cut power use 18%.
Next: Standardize Communication Protocols
Enforce OPC UA or Modbus TCP compliance. Open protocols slash integration time 50%. Consequently, they prevent vendor lock-in fees. Projects stay 20% under budget.
Finally: Audit Support Networks
Verify 24/7 technical support coverage. Suppliers with local teams fix 90% of DCS issues under 4 hours. Moreover, training boosts operator efficiency 35%.
Transforming Procurement Strategy
These tactics cut costs 22% annually. Adopt them now. Because intelligent vendor choices drive real ROI.
Check below popular items for more information in NextGen-PLC.
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