Tips to reduce total cost of ownership of valves

Are you tapping into the cost-saving potential that extends beyond the valve purchase price?

When we think of strategies for reducing valve costs, the initial considerations typically include the price of the valves and their regular maintenance. However, it's important to recognize that a valve's maintenance demands can escalate over time, leading to expenses that may negate any initial savings from the purchase.

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Inexpensive valves often require more frequent maintenance, resulting in higher long-term costs. Conversely, while high-end valves may offer drop-in performance, they can also have complex maintenance requirements adding to expenses.

Such costs can accumulate significantly, especially for large companies managing hundreds of valves.

Thus, the considerations for cost-saving should extend beyond just the purchasing and maintaining of valves. Focusing on reducing the overall cost of valve ownership can uncover numerous additional cost-reduction opportunities in the long term.

Explore these 5 strategies to lower your valves' total ownership costs

Select the Appropriate Valve Size

We have highlighted previously how the correct valve size can enhance performance. Overly large valves are sometimes employed as a precautionary safety measure. Data indicates that approximately half of all valves are oversized. Utilizing oversized valves not only inflates initial purchase costs but also drives up maintenance and operational expenses, which should be avoided.

Reduce Maintenance Requirements

While regular valve maintenance is undoubtedly essential, short intervals mean you must repeatedly allocate time and resources for inspections and repairs. Instead, consider implementing measures to extend maintenance intervals. For example, valves operating in dusty environments can be modified to provide dust protection, thereby prolonging their lifespan and reducing maintenance frequency.

Assess Quality Standards

In a global market, sourcing valves from distant locations can pose challenges in monitoring manufacturing and testing conditions. Ensure that your valves have obtained essential testing certifications. For additional insights, take a look at our blog detailing four crucial valve certifications. At IPC, we prioritize customer concerns about traceability and provide effective solutions, allowing clients to monitor their valves' progress through the production and testing phases.

Opt for Versatile Valves

Valves come in both tailored and modular designs. Customized valves often yield superior performance for specific applications. Nevertheless, in critical situations requiring system shutdown, these valves may become ineffective. On the other hand, modular valves can be repositioned and repurposed easily. IPC offers standard and customized valves, each with distinct advantages and disadvantages. Users should evaluate their business size and requirements to make informed valve selections.

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Facilitate Swift Repairs and Replacements

Quickly addressing repair needs or replacing defective valves reduces operational downtime. When selecting valves, prioritize those that can be cleaned and repaired effortlessly and replaced promptly. Partnering with a dependable supplier for all valve needs enhances reliability and simplifies maintenance throughout your network.

IPC has concentrated on delivering durable, high-performance valves for two decades. With our ability to provide standardized valves promptly, coupled with dedicated post-sales service, IPC can serve as your ideal long-term business partner. For more information on how we can support your business growth, reach out to us at evalve@ipcvalves.com