4 Factors That Affect the Cost of CNC Machines
Automation is slowly taking over many different businesses. Automation presents a wonderful opportunity for saving costs, increasing productivity and optimising products to meet the needs of customers.
At the heart of automation lie CNC machines. These machines can be programmed to carry out standardised and repetitive functions with a greater level of accuracy. If you're looking into purchasing a CNC machine, you probably already know the numerous benefits they provide. However, many people wonder how much their cnc machine investment will cost.
There are many factors that come into play, but here are 4 of the most important factors that will affect how much you will pay for a CNC machine.
1. What the machine can do
Different CNC machines have varying capabilities. The functions of your unit will depend on your specific industry as well as the features built into the machine. You will often find that machines that can be programmed to perform more complex tasks cost more than basic CNC machines.
Some units can be programmed to carry out precision welding, fabrication and quantity control. Others may only be capable of taking basic readings such as temperature and pressure levels. In general, machines that can be programmed to perform more complex tasks will cost more to purchase.
2. The industrial applications of the machine
CNC machines that carry out hands-on industrial processes often cost more than machines primarily meant for data analysis. This is because hands-on machines have moveable parts that need to be programmed, maintained and updated as necessary. The entire machine is also more complex in nature, and thus it costs more to purchase.
On the other hand, CNC machines that simply collect data and apply general rules for data analysis are often more cost effective.
3. Financing options
Where you buy your machine will also affect the overall cost. Different manufacturers and suppliers will charge according to their preferred pricing models. In fact, you may encounter significant price differences across largely similar machines. After ensuring the quality of a supplier, compare prices, financing options and interest rates to determine how much your new investment will cost.
4. Installation and maintenance
As you would expect, installing a new CNC machine is a significant task. You not only need to prepare for the installation cost, but you also need to consider how much time it will take to train your staff, establish benchmarks and carry out any necessary maintenance plans.
You should particularly plan for any downtime your plant will experience when switching to the automated options your new equipment provides. Contact a company that provides CNC machining services to learn more.