Will buying good gaskets increase cost of your Transformer?
Most of us are hard-pressed on reducing the cost of raw materials that we use in our end products to be competitive in the market.
The good news is that using a good gasket reduces your product cost in the following ways:
- Product Life-cycle cost: Electrical transformers are equipment that ideally should have a life of at least 20 years. So in terms of costing, product life-cycle cost should be measured instead of only upfront purchase cost. Buying and using a good quality gasket might cost slightly more upfront, but eventually decreases the life-cycle cost of a transformer drastically by providing leak-proof performance. Both manufacturers, as well as users of transformers, should insist on best quality gaskets only.
- Brand image cost: No user likes an oil-leaking transformer. It is not only aesthetically poor but leakage also leads to failure of the transformer due to reduced level of transformer oils/fluids. Transformer oils/fluids act as coolant and insulation between conductor coils. Thus good quality gaskets will ensure the leak-proof performance of your electrical transformers, enhance your brand image as a manufacturer and ultimately lead to better sales.
- Repair cost: Many times gaskets fail within the warranty period provided by the transformer manufacturer. In such cases, manufacturers have to face a huge loss in terms of repair costs for such transformers as they have to be repaired free of cost. Using good quality gaskets will eliminate the possibility of such failures and thereby no free-of-cost repair costs need to be incurred by manufacturers. In cases where the transformer is out of warranty, such costs have to be borne by users. So users should also insist transformer manufacturers use best quality gaskets only.
- Opportunity cost: Good gaskets go a long way in ensuring the failure-proof performance of transformers. Transformers which are inevitable parts of our electricity grid ensure uninterrupted power is supplied to its users. If a transformer fails, there will be no electricity in the affected area. This might lead to a loss in production in-case industries are located in that area, loss of revenue in commercial areas, loss of comfort and peace in domestic areas, etc. Therefore the opportunity cost is too BIG and it should always be ensured that the best quality gaskets are used.
So next time you buy gaskets for your electrical transformers, hope these points will help you make a better judgment.
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