Penny Wise - Pound Foolish?

The UK motors market is in turmoil at the moment. Manufacturers are dropping prices in the face of one of the biggest hikes in raw materials costs in decades, and it is just unsustainable. Les Hunt talked to ABB's Steve Ruddell about issues of motor pricing, quality and efficiency The motors market appears to be a bargain-hunter's paradise at the moment, but the current downward pressure on prices is having a detrimental effect on both the manufacturers and their customers. Manufacturers are faced with rising raw materials costs (copper prices, for one, rose 100% last year), and as more than half the cost of a motor is tied up the in raw materials that went into its construction, selling at a discount has a strictly limited life span. And the buyer doesn't escape the consequences either. Getting hitched to a supplier offering bargain basement prices might seem to be a sound business proposition, but in the long run, can that supplier sustain both price and delivery obligations under such market conditions? And as the market leaders have been telling us for years, the initial purchase price of a motor pales into insignificance when you take its lifetime running costs into consideration. So, a good quality, high-efficiency motor is going to be a winner long term, simply because it will waste less energy (where most of the money goes) and cause less downtime. But is that message getting through? ABB's Steve Ruddell has, more than once, banged the drum on motor quality issues in these pages when he looked after that company's UK motor sales. Now eleven months into his job as general manager of ABB's UK drives and motors business, he is no less ardent about the subject. Everyone likes to think they can spot a bargain, he says. But when it comes to choosing motors, over-zealous bargain hunting can end up costing serious money. Some motors with similar specifications can cost twice as much as others, but the higher priced alternatives will almost certainly prove to be the real bargains in the long run. What end users must realise is that lower quality motors will end up costing them money - in wasted energy and in downtime and replacement expenses when the motors fail. Mr Ruddell believes customers choosing motors on cost alone are simply walking into a price trap. In his estimation, the market is undergoing a vicious price attack , which is wholly unsustainable and which will ultimately see a shakeout of the industry. When your supplier goes out of business, where does that leave you, the OEM or end user? If a motor manufacturer goes under because it has been selling too cheaply, its OEM customers are faced with increased costs, says Mr Ruddell. They will not be able to get motors elsewhere for the same price, and they will only be able to fulfil outstanding orders at a loss. With responsibility for both motors and drives, Mr Ruddell is also well positioned to promote the energy-saving benefits of a VSD/high-efficiency motor combination. And it's not just the big energy users that are the obvious targets. Small businesses - the so-called SMEs - have an overall energy bill of £3.5bn. It has been estimated that they waste as much as 30% of their energy. That amounts to £1.1bn, or an average of £7,000 per business. For many of these businesses, a cut of 20% in energy costs gives the same benefit to the bottom line as a 5% increase in sales. It has been a long slog, but campaigning by ABB and its competitors is finally seeing the energy efficiency message beginning to percolate up to those that hold the purse strings - financial controllers at board level. With gas prices rising this year by as much as 60% for some industries, those that pay the energy bills are at last sitting up and taking notice - and some action. Take General Domestic Appliances' case as an example. Manufacturing as many as 12,000 cooking appliances a we

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