Being an innovator in Equipment Management with over 40 years of experience with electric motors & powertrains, it’s kind of in our blood to talk about how we do things. In conversations with perspective clients on our approach to equipment management we often hear “my motors are stored by my repair shop for free”. We have all heard the old saying “that nothing is free” and “you get what you pay for” so let’s think about “free” and what you are getting.
Having those old sayings in mind we start asking questions. Questions like, do they periodically test your motors? Do they spin the shafts? Are all of the motors in their warehouse ready for service? Have they ever sent you a motor from their warehouse that did not run or only lasted a short time? Have you ever visited their warehouse and checked on the conditions? People can spend $40,000 on a car and know exactly where their car is and its condition at all times but don’t really know where and under what conditions their $750,000 motor is stored. Oh, and another point, your $40,000 car is insured. Is your $750,000 motor insured in the “free guys” warehouse? You might want to ask.