When we think of a ‘typical’ supply chain; often it is the movement of parts and products from one place to another, or the production of components to make the finished products we buy. Rarely do we think about all of the links in the chain or the work that goes in behind the scenes to create a supply chain and keep it functioning at an optimal level. There are many maintenance and support businesses that play a vital role in keeping manufacturing site’s operating, vehicles on the road, and customers happy. Today’s article is a little different to our usual , as we take a look at the growing pipeline repair industry. A supply chain with predicted market value of over $14 billion in 2020, in the US alone.
The Pipeline Industry
According to World Atlas ‘The world has 2,175, 000 miles of pipeline constructed by 120 nations. The US boasts a 65% share of the total pipeline length in the world followed by Russia at 8% and Canada at 3%. The three countries make up 75% of the total pipeline length.Pipelines transport fluids, majorly crude and refined petroleum, water, beer, fuels, slurry, and sewage. Pipelines typically link the source of a particular material to the point of demand or manufacture’. Created in the 19th Century as a cost effective way to transport crude oil, today the pipeline industry is an important part of the logistics sector, yet very little is understood about the pipeline business, and what is involved in maintaining these crucial methods of transport for vast quantities of liquids and gases.
Based on the growth rate of the pipeline repair industry, it is understandable that plumbing and repair companies are committed to increasing their market share. IBIS World pegs the market size of the US Sewer and Pipeline Rehabilitation industry at $14.5 billion in 2020. That’s a decent rise because people don’t mend their pipes every day!
As a player in the pipe repairs industry, it is vital you stay up to date with the latest improvements and methods in order to grow your business. In order to offer effective and attractive levels of service you need to ensure your company is getting the right products and equipment and even learning the most efficient processes of executing CIPP lining. If you are still thinking about why you need a CIPP liner solution, here are a few reasons for you to consider:
Increase in profits
One possible way to make more profit is by partnering with a top-grade CIPP lining supplier. It’s not uncommon to find many manufacturing companies quoting neck-breaking prices to their clients. But the best CIPP lining suppliers and manufacturers provide friendly and competitive prices that will afford you fat profit margins.
These solution providers can offer such budget-friendly prices because they know the most cost-effective ways to source the CIPP lining supplies and equipment. By spending little in procuring their merchandise, they create a cascading effect that will have you purchase these materials at low prices. In addition to getting your supplies at low costs, you will also learn the best ways to use these materials to prevent waste.
Favorable Terms and Conditions
Apart from providing high-profit margins, quality CIPP suppliers will also state terms and conditions that will help your business run smoothly. These terms could be in the form of licensing agreements or partnership boundaries.
Regardless of what the contract contains, you will be sure to get a good deal. For instance, a top-notch CIPP supplier could refrain from asking for a cut of your bottom line. Another could create a flexible agreement that allows you to procure supplies based on the magnitude of the job at hand. The point is, the best supplier will look out for you.
The Best CIPP Equipment and Formula
This is another benefit you stand to gain by linking up with the best CIPP suppliers. Many of these top agencies are renowned for the provision of quality machinery. The best of the lot even have patented materials that industry experts have subjected to the strictest quality control tests. Such supplies include custom resins, hardeners, tubes, and pretty much everything you need to execute a CIPP liner installation.
The seasoned experts and trainers working with these firms will also expose you to the most reliable methods of installing CIPP liners. Armed with these efficient methods and leading machinery, your plumbing company will become the first choice amongst customers.
Personnel Training
The quality of your personnel will determine how great your CIPP lining jobs will turn out. Consequently, it will affect your company’s reputation amongst customers. Bad jobs equal lousy customer experience, and that translates to disaster for your business. Also, having untrained staff means inexperienced hands will handle your CIPP machinery, and that never ends well. You will find yourself spending company revenue on repairs and replacements because the new plumber pulled the wrong lever.
To avoid the woes of working with green hands, you have to be deliberate about training your staff well. Great CIPP lining suppliers will have you covered on that side. Your employees will receive demonstrations on the best ways to install the liners and how to handle each product.
After Sales Services
There’s nothing like being able to contact your solutions provider when you run into a problem. However, only the best CIPP lining suppliers offer this service. They leave their doors open so you can lay complaints and get clarification on issues regarding the equipment you purchased. Some even provide support when you’re on the job, and you hit a snag. You can’t deny that this sort of support will make your operations smoother.
Go for the Best
As the Pipeline Rehabilitation industry grows, so will the competitiveness within the sector. This means to stay in business, you will have to offer the top services. To do this, you will need to have some of the choicest CIPP lining equipment and practices. These are the things you can only get from the crème de la crème of CIPP equipment suppliers. So, don’t shortchange your business and customers by settling for mediocre suppliers. Your company needs the most exceptional CIPP liner solution to thrive.
Whatever part of the supply chain your business operates in, IoSCM Corporate Membership is a great way for you to connect with businesses and decision makers within your target market.
Stand out from the crowd and demonstrate the capabilities of your business and your employees, utilising the IoSCM logo within your email signatures, advertise your products and services to new audiences, and introduce yourself to organisations across the global supply chain. CLICK HERE to find out more today.