Capital Equipment News December 2022

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the workshop. When a vital component breaks down, the question that inevitably arises is how you should replace it. Repair, buy new or go for a remanufactured part? To make the right decision for your business, it’s vital to consider all your options. Understanding remanufacturing Before considering whether remanufactured parts are the right option for your business, it’s essential to distinguish remanufacturing from rebuilding a piece of equipment. Remanufacturing is a standardised industrial process in which worn-out parts are returned to a condition that is as good as new in technical specifications and performance. It is usually a good idea to replace heavier components with remanufactured parts as these tend to be more expensive. Engine, chassis parts, transmission brakes and steering, are just a few such components. Regarding electronics, starter motors, control units, and alternators can be replaced using remanufactured parts. “When we remanufacture parts at Volvo Trucks, this process includes dismantling, cleaning, re-machining, assembling and testing the equipment. The process is much like the original manufacturing process, except that some of the components have had a previous life,” says Olga Naert, remanufacturing business development manager at Volvo Trucks. A growing business “We are looking at growing the remanufactured business 10% year on year,” says Kingsley. It makes sense. Remanufacturing can be a great option if you are cost sensitive and want a high-quality product. The cost of a remanufactured part can be up to 50% less expensive than a new one, depending on the required type. These parts also have the seal of approval from the Volvo Trucks Central warehouse in Ghent, Belgium. “Parts are not remanufactured in South Africa. The core is returned to Sweden, where it is tested to establish if it can be used, and if it is, it is remanufactured to the same spec as a new part. These parts are then sent to the Volvo Trucks Central warehouse, where they are sold as any other Volvo part,” Kingsley explains. “At the end of the day, whatever purchase strategy you decide on will depend on the specific needs of your business,” says Parry. b

could put you back on the road just as quickly as purchasing a new product.

will also mean a higher price tag, and you will have to evaluate how this will impact your operating costs and total cost of ownership of your truck,” says Parry. When you repair a part, the malfunctioning or worn component gets replaced while the rest stays the same. While repairing can save you money, it’s good to be aware that repairing also almost always comes with certain downtime, as the truck will have to be in

Why buy remanufactured parts? “Buying a new part could be your first instinct when something breaks down; after all you want something that works, has a warranty, and is guaranteed to fit your truck. A new part will come with the latest technology, have the longest life expectancy and work efficiently. But it

CAPITAL EQUIPMENT NEWS DECEMBER 2022 14