Utilizing a conveyor system can be a great way to speed up the movement of items while also taking the burden off your human workers. However, you may feel torn on whether to purchase one as a permanent fixture for your work environment or to simply rent one.
Both options have distinct advantages and drawbacks that can affect your operations. This guide can help you decide whether to buy or rent a conveyor system.
Consider How Long You Need the System
You should begin this process by thinking about how long you will need to use the conveyor system on your site. If you need it for an extended period, then you should seriously consider purchasing it. Ownership will provide you with unrestricted access to the equipment, eliminating concerns about equipment availability when dealing with rental companies or adhering to return deadlines.
However, if you need a conveyor system for a project-specific task, renting is the most logical solution. For example, if you only need to use it once on a construction project, it will be far more convenient for you to rent it. This makes it key to understand your needs before deciding.
Look at Your Budget
Another aspect to review when deciding to buy or rent a conveyor system is which option is better for your business’s budget. Buying requires a more substantial upfront investment, but it could be more cost-effective over time if the system serves a long-term purpose. Ownership also eliminates recurring rental fees.
On the other hand, renting a conveyor system will allow you to avoid making a large upfront purchase. Instead, you will only pay for the time you need the system.
Determine If You Can Maintain It
It is also important to determine if you can meet the maintenance requirements of a conveyor system. Owning it means taking on the responsibility of regular inspections and repairs. Ensure you have the time and resources available for proper upkeep.
However, when you rent a conveyor system, the rental company typically handles any maintenance needs. This can be especially beneficial to customers who have a small staff or limited technical expertise.
Evaluate Your Space Needs
One last aspect to review is the amount of space you have. Conveyor systems occupy considerable space, and businesses with limited room in their facilities may struggle to accommodate a purchased system or store a portable one when it is not in use.
However, renting allows you to avoid this permanent responsibility. Once the project ends, you can return the system and free up your space for other operational needs.
Make Your Final Decision
Deciding between buying and renting a conveyor system hinges on understanding your needs, timeline, and operational resources. If you believe that purchasing a conveyor system fits your needs, Redline Systems can help. We offer products that include our horizontal conveyor systems, which are strong enough to carry stone and can help reduce your business’s rate of worker injuries.
