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Is Buying Refurbished Packaging Equipment Worth It?

With the intent of improving packaging efficiencies, companies are investing a lot of money on revamping their packaging methods, and packaging automation is demanding efficient machineries. Although new machines perform faster and require minimal maintenance, the initial cost for the installation of new packaging machinery can seem shocking.

As an alternative, many businesses consider buying used or refurbished packaging equipment. Let us understand how to analyze whether repairing current machines, buying refurbished equipment, or making a new purchase makes the most sense.

Packaging Materials

Consider the following parameters of your current equipment to decide:

AGE

Take your machinery’s age into consideration before replacing or buying a refurnished one. If it is 15+ years old, there is actually no point in thinking twice. The old one cannot ever compete with the newer models.

DOWNTIME

How much downtime have you experienced in a month as a result of maintenance jobs? Sometimes it is not even necessary spending more than 8 hours per month on maintenance activities. The initial capital investment for new or refurbished machines will pay off in the long run.

MAINTENANCE COSTS

How much time and money do you spend on maintenance with your supplier? The unwanted frequent repairs and service may cost you more than a new or refurbished machine.

PARTS AVAILABILITY

It is important to check whether replacement parts of your packing equipment are readily available as most of the older machine parts are not made anymore.

ADAPTABILITY TO THE MODERN TRENDS

Everyday something new enters the market and your old machines would not be able to withstand the pressure and time-restraint delivery. Also, some machines cannot handle the newer packaging materials which consequently limit the scope of your packaging design.

COST OF MACHINERY ERRORS

Receiving too many re-orders? This may be because of the re-work orders caused due to machinery errors like uneven cutting, misprinting, etc. Are you ready to invest time and effort redoing orders due to machine errors or is it time for a permanent solution?

Is refurbished packaging equipment a good option?

Refurbished equipment is always the best option when your machinery makes frequent errors resulting in packaging rework. It costs much less and is an affordable choice for small and medium scale business that cannot bear the burden of investing huge in new machinery.

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