In a challenging economy where agility and performance are key, businesses need to act on every competitive advantage that presents itself. When it comes to industrial equipment, this means renting or hiring machinery and power generators rather than buying. Here’s why, from Australia’s leading CAT rental team.
Maximize available resources while minimizing operating costs
Generally speaking, this is the central benefit of choosing to rent industrial equipment rather than buy it outright. This translates into several significant advantages, which include:
- Avoid upfront investment costs: Industrial cooling equipment (fluid chillers, cooling towers, heat exchangers and air handlers), commercial power generators and air compressors can quickly amount to a significant capital cost. It may take many months or even years for an organization to develop a strategy to accommodate these costs and once you’ve purchased it, that capital is locked into that equipment, which is likely to slowly depreciate in value.
- Prevent long-term repair and maintenance costs: This industrial equipment will require repair and maintenance over the years that your business owns it. This includes mechanical inspections to check fluids and hydraulics, replacement of worn parts, and upgrades, not to mention unforeseen breakdowns and damage. If you choose to hire your industrial equipment, then the CAT rental team will take on the responsibility of installation, maintenance, and repairs as per your agreement.
- Avoid logistics issues and costs: When you own your industrial equipment, it becomes your organization’s responsibility to store and move it from project to project. Sometimes, this equipment will require long-term storage while between projects which, if done incorrectly, can result in machine wear and degradation. This is also an issue for organizations that work on projects in different locations as transporting across cities and states can be expensive. Instead, a CAT rental team can simply send the required industrial equipment, including power generators, cooling equipment and more, to any site within their area.
- Hassle-free workplace safety compliance: Compliance with employee safety regulations, environmental regulations and others regarding industrial equipment are made simple and efficient when you choose to hire rather than purchase power generators and cooling equipment.
- Reduced downtime on projects: If your industrial equipment breaks down on the job at a construction site, the office or mine, the downtime is going to cause financial and productivity losses as well as frustration. You’ll then have to source and book a repair specialist and wait for their schedule to clear and parts to arrive. When you rent your industrial equipment, downtime is reduced to a minimum. Either the CAT rental team sends out maintenance specialists immediately or the unit is replaced while awaiting repairs.
If you are looking for a CAT rental team to handle your industrial equipment needs, including power generators, speak to the professionals at Energy Power Systems Australia. We are a specialized CAT technology dealer for Australia, Papua New Guinea, and the Solomon Islands, offering designs, engineering, procurement, installation and servicing for commercial projects.
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