When looking to source products from metal pressing companies, component suppliers or engineering partners in general, it’s safe to say that the modern business really isn’t short on choice. Quite to the contrary in fact as there are more available engineering service providers both across the United Kingdom and the world beyond than ever before. Globalisation has made it possible for those based in the UK to source pretty much anything and everything they need from anywhere in the world, meaning the choice of hundreds, maybe even thousands of service providers.
Which in turn can make it extremely tempting to make a conscious decision to work only with those that offer goods and services at the lowest possible prices. But at the same time, low prices do not necessarily mean genuine value for money – often quite to the contrary. While it may mean paying a price that isn’t quite literally the lowest on the market, it simply makes sense to work with an engineering company that guarantees both quality and value for money.
Here’s a brief roundup of just some of the risks that cannot be avoided when working with substandard engineering companies:
1 – Substandard Products
First and foremost, not to mention most obviously of all, there is always the likelihood when working with lower-end engineering companies that the products you receive will likewise be of poor quality. Regardless of what it is you are looking to source and in what kinds of quantities, it is inevitable that there will be different levels of quality in accordance with the manufacturers available. If quality really isn’t of the utmost importance, then it may not matter who you choose to do business with. If on the other hand quality counts, it is imperative that an engineering service provider be chosen in accordance with quality and value for money – not just the lowest prices.
2 – Excessive Turnaround Times
Another inherent risk that comes with working with lower-end engineering and manufacturing companies is the way in which turnaround times tend to be somewhat more exaggerated. Once again, this isn’t necessarily an issue in instances where excessive delivery times, delays and general holdups along the way are inconsequential. In instances where turnaround times should ideally be as short as possible however, this is always something that will be a reflection of the quality of the engineering company in general.
3 – Poor Advice and Consultancy
It’s reasonably likely that at some point during the purchase process, advice and guidance will be required from the engineering company. They may be called upon to help determine exactly what is needed and in what kinds of quantities, it may be necessary to speak to them for advice with regard to ordered product alterations and a great many other similar matters. It is only by dealing with an extremely capable, reputable and experienced service provider that you can expect to receive the kind of advice and consultancy your business really needs.
4 – Poor Customer Service
It’s exactly the same in the case of customer service as well, which will likewise form a part of the overall service package. From the priority your order is given in the first place to the speed and accuracy with which questions are asked to solving problems further down the line to handling returns and so on, customer service is an integral and important part of the overall purchase package. Suffice to say, you cannot expect anything but substandard customer service from a substandard service provider.
5 – Reputational Damage
It’s important to remember that by doing business with a sub-par engineering company and thus using sup-par products or components, you are saying something very specific about the way you yourself do business. To use substandard products and pass them on to other customers or end-users is to risk doing the kind of reputational damage to your business that may be irreparable.
6 – Added Expense
Last but not least, it is often said that if you buy poorly in the first instance, you inevitably end up buying twice. By contrast, if you make the right decision in the first instance and buy the highest quality products or components, you only have to buy them once. As such, while it may appear as if making savings by investing in lower quality hardware makes sense, it has the potential to constitute additional and unnecessary expense going forward. It therefore simply makes sense to ensure that what you buy in the first instance is the highest possible quality.