ENGEL has expanded its injection moulding machinery range with a pay-per-use model in the hopes of reducing investment risk while boosting flexibility in production.
Thought to avoid the risk of binding capital and freeing customers from the need to seek investment approval, the new model is said to speed up the procurement process. The payment is made once a unit price has been agreed, either per unit produced or unit of machine operating time.
All production cells delivered as part of the pay-per-use model are said to be regularly maintained by ENGEL service technicians and feature e-connect.24, an online support and remote maintenance tool. While the in-person support is expected to facilitate early planning for maintenance work and minimise machine downtime, e-connect.24’s machine utilisation serves as the basis for billing.
Once the agreed contractual term comes to an end, customers have the option of buying the machine. If they choose to return it, the machine can be sent back to the pre-owned machine company ENGEL Used Machinery in a bid to make use of its full service life and facilitate a more sustainable purchase process.
linx4 GmbH is serving as the financing partner for the new solution.
Another recent project saw ENGEL collaborate with ALPLA Group, Brink, and IPB Printing to produce thin-walled containers made of PET and rPET in a single injection moulding process step using ENGEL’s e-speed machine with a newly-developed injection unit.
Previously, Coca-Cola Europacific Partners and Innovative Tap Solutions worked together to develop a pay-per-use beverage dispensing solution for consumers.
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