Peter Drucker wasn’t the only corporate mind to declare companies either “innovate or die.” Few market leaders can say that they earned their position by acting like everyone else. Regardless of the industry, competition is a constant in a free market. However, it can be a positive thing—especially as it pushes manufacturers to abandon the status quo in pursuit of disruptive processes superior to what their competitors use. Here are eight reasons why smart companies buy laser systems to develop a sustainable competitive advantage by staying ahead of the innovation curve.
1.) Maintain a healthy staff and a safe distance from OSHA fines:
The past year’s developments regarding sandblasting’s safety concerns, and OSHA’s regulatory response to the matter, make the switch to laser cleaning more cost effective than ever for manufacturers intent on avoiding regulatory fines or—even worse—class action lawsuits from former employees and their families. Watch this video on youtube to learn about what OSHA’s Berillium Rules Mean for you. Watch Now
2.) Large Stimulus Tax Benefits:
Have you heard of Section 179 of the tax code? If you run a small business and you have not, it is (literally) your loss. This deduction for small and medium-sized enterprises gives a tax break on investments that grow their company; including on capital equipment! Full equipment costs purchased in the same tax year (as high as $2.5 Million) can be deducted. As 2020 comes to a close, here’s how you can make the most of the next financial year.
3.) Eliminates Tooling and Consumable Costs:
Replacement parts, additives, and other component costs of old legacy systems and processes add up to substantial hidden expenditures by year-end—taking a significant dent out of annual profits. Laser systems operate for years with minimal or no maintenance, reducing both manufacturing costs and environmental impact.
Laser tech cuts through production time at light speed. 3D metal printing, laser cutting and laser cleaning systems perform the same tasks as antiquated alternatives—at a higher frequency and with greater precision. Adopting laser-based systems can reduce the cost of goods sold by drastically lowering production time per unit.
5.) Lower Operating Costs:
Laser systems are more compact and efficient than other conventional methods. Their adoption enables manufacturers to free up expensive floor space and reduce payroll redundancies and power consumption demands.
6.) Build Capital and Assets Instead of Liabilities:
While late-adopters remain stagnant, disruptive manufacturers can streamline production processes and bolster the valuation of their firm by investing in capital assets like industrial laser cutting or laser cleaning systems; rather than lowering it by leasing inferior alternatives.
7.) Mitigating maintenance—and Risk:
An “if it ain’t broke, don’t fix it” philosophy usually works for manufacturers… until something breaks. A decommissioned system can halt production; stagger an entire supply chain and dry up projected cash flows. Unexpected lag-times and expensive repairs can drive quarterly earnings—or the entire firm—into the ground. Investing in the latest laser solutions mitigates the financial risks of malfunction by virtually eliminating maintenance and replacement expenses. Laser Photonics’ product lines boast an industry-leading MTBF (Mean Time Between Failures)—surpassing 50,000 hours.
As the global economy recovers from the pandemic’s downturn, smart companies are now purchasing laser systems in order to place themselves ahead of their competition. Right now, upgrading production methods to the latest laser technology can save on energy costs, consumables, maintenance and increase throughput, yield and ultimately: your bottom line. That said, it’s not hard to realize that now is the time to improve your production capabilities with a laser system. Troubled times do not define successful companies. Rather, how they respond to that pressure does. True market leaders take on calculated risks—the rewards that precipitate from those choices hoist them above their competition and secure their longevity. Call us to learn how laser cleaning can improve your company’s ROI.
About Laser Photonics Corporation
Laser Photonics Corporation, based in Orlando, Florida, is the leading industrial company in high-tech laser systems for laser cleaning, laser marking, laser cutting, laser engraving, 3D printing, and other materials processing applications. Our systems are currently and historically, used by manufacturers in the aerospace, automotive, defense, energy, industrial, maritime, and medical industries around the world.