Ian's Guide to Industrial Manufacturing

Five Money Saving Ideas For Business Owners Who Use Pumps

Whether you have a pump to drain flood water out of your investment properties, to power a waterfall in your hotel lobby or for any other commercial purpose or application, you can save money while owning it. With the right strategies, your pump can perform its function without draining your bank account. If you are a business owner who uses pumps in your line of work, here are five cash-saving strategies you should employ:

1. Outsource your pump repair needs

Whether you own one pump or an arsenal of pumps, outsourcing your pump repair needs can help you to save money. When you outsource your repairs, you don't have to employee repair professionals on your own team, and that saves you payroll, insurance and other costs.

If you have general maintenance professionals on staff, they can focus their efforts on other tasks while you have a professional work on your pumps. Pump repair professionals have precision tools that you may not have on hand, and they know how to use them in ways that a general repair person may not understand. This means that you don't have to buy and maintain these tools, and it ensure that you get a quality repair every time.

2. Respond immediately after a typhoon or flood affects your pump

If your pump is affected by a typhoon, make sure that you respond to the situation immediately, even faster than you would respond to a non-salt-water flood. Salt is extremely corrosive, and its destructive nature gets stronger the longer it is allowed to sit on your machinery.

Even if you don't notice damage right away, your pump will be subjected to even worse damage as the salt is allowed to sit and corrode the metals. As soon as possible, hire someone to take apart the pump, clean the salt off thoroughly and replace parts as needed.

3. Schedule regular condition analysis for your pump

Outsourcing repairs is a great start, but if you really want to save money, you need to focus your efforts on preventative maintenance rather than emergency repairs. If your pumps break down in the middle of a work week, it destroys your ability to complete jobs, potentially creating a poor impression with clients whose projects may be delayed. In addition to disrupting productivity, emergency repairs can be extremely expensive.

Avoid emergency repairs by scheduling regular condition analysis. As implied by its name, condition analysis evaluates the condition of your machines. Experts look at how your pumps are working, and they repair or replace anything that needs to be addressed. Then, they help you create a timeline for future repairs and estimated replacement dates. That allows you to plan ahead financially, and it eliminates the financial panic associated with an emergency repair.

4. Consider custom controls for your pumps

If you have a pump that is working overtime, it will use more energy than necessary. Similarly, if you have a pump that is too large, it can also waste energy. To mitigate this situation, consider having a pump repair specialist install custom controls for you. These controls ensure that you get the exact lift and pump that you need, without wasting excess energy.

Custom controls can be useful in all types of applications. For example, if you are designing a water feature, you can use custom pump controls to achieve the exact height and effect that you desire.

5. Rent rather than buy a pump

If you don't use pumps every day, you may not need to own one. Instead, consider renting a pump occasionally. This saves you money on buying, insuring and repairing your pump, and when you rent, you can easily get the newest model.