Friday, 20 May 2016

The Three Basics For Making Money With a Thermal Spray Shop

Thermal spray coatings is an exciting field of business wherein the competition is relatively low compared with other fields of metallurgical and mechanical lines of work such as machining, welding or fabrication. Even as competition in the area of thermal spray coatings is increasing, there is still quite a bit of room available for the would be entrepreneur to start a thermal spray coatings shop and be at least somewhat successful.
While the field itself is quite exciting, dealing with exotic alloys and fanciful applications, the bottom line of the business and for that matter the bottom line of any business is to make money. The purpose of this article is to briefly outline three basics that need to be followed through if you would like to be successful making money in your thermal spray business endeavor.
The first and foremost aspect is price. Starting out as a new thermal spray facility, your price needs to be better than what anyone else is offering. No one wants to deal with a higher priced new entry in this market. Whatever steps need to be taken to keep the price low, must be taken. This may include negotiating with your suppliers of raw material, keeping labor costs low, keeping overheads low, etc. The importance of a low price cannot be overstated in this field.
The second aspect is quality. Quality in the thermal spray coatings business is expected without even saying. Operators must be trained well to keep a close watch on coating parameters, equipment maintenance, close attention to shop operation sheets and technical plans. Every effort must be put forth in optimizing coating parameters such as gas flows, power settings, feed rates, powder quality control and such to ensure the highest in coating quality.
The third aspect is delivery. It is imperative for a start up operation to quote the lowest in delivery cycles and keep the promised delivery time. On time deliveries account for a lot of repeat business and every effort must be made to keep to the scheduled delivery times. Many times, thermal spray operation is the last in hardware manufacturing sequencing and any delays in delivery can significantly impact end user operations.
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