Pad Mounted Transformer Different Markets
How does they work?
1. What is Surplus and Stocking (Inventory)?
(1) Definition
① Historical Background
Surplus in economics, an excess supply, economic surplus market surplus or briefly supply is a situation in which the quantity of a good or service supplied is more than the quantity demanded, and the price is above the equilibrium level determined by supply and demand.
The term stocking refers to the goods produced that are available for sale. A company's stocking or Inverntory represents one of the most important assets it has because the turnover of the inventory represents one of the primary sources of revenue generation and subsequent earnings for the company. There are three types of inventory, including raw materials, work-in-progress, and finished goods. It is categorized as a current asset on a company's balance sheet.
② Concept in Power/Electrical Industry
Power Electrical utilities are faced with constants demands for cash/money investments to upgrade and maintain infrastructure, address increasingly stringent regulatory requirements, and demonstrate leadership in sustainability. Simultaneously, regulators and rate payers want utilities to show an equal commitment to controlling costs to offset these expenditures.
Determining how much inventory is needed to support a company’s assets is one of the most difficult questions posed to electric utility supply chain leaders today. A utility’s generation, transmission, and distribution inventory can mean millions of dollars in valuable capital that could be used to meet its growing list of demands. The ability for electric utility supply chain teams to accurately determine the appropriate level of inventory to hold, based on operating profile and strategic plans, offers significant value in terms of financial performance and reliability of service.
2. Pros and Cons of custom design and standard design transformers
Custom transformers are produce to fit your special needs. A professional engineer team helps the customer to design the drawing needed. They’re flexible, completely personalized and with high quality.
A standard transformers is already pre-designed and is sold as is. It’s a faster solution for a faster need redesign as they’re sold without customization and are ready to order.
Daelim Belefic specializes in both produce custom transformers with special requirements and standard transformers of the market.
3. Original Equipment Manufacturer (OEM)
OEM stands for Original Equipment Manufacturer, which means the parts are made by the same company that makes the transformer. Meanwhile, aftermarket parts are produced by a different parts company and are often designed to be compatible with as many makes and/or models as possible.
Benefits of Buying Original Equipment Manufacturer Products
Here are some benefits one gets from buying OEMs:
1. Good quality And why not? After all, an OEM product is the same product manufactured by the original manufacturer. Though there are cheaper versions, the price of the OEM product reflects its quality.
2. Durability Such products are usually not only of good quality but are also durable. For example, when buying a spare tire, an OEM tire is typically better than getting an aftermarket tire because one can be sure of the materials used in making it.
3. Lifespan OEM parts often have a longer lifespan than aftermarket parts
No matter which market are you working in, Daelim will give you the best support!