Surplus Bearings And How They Can Help You Save

Every business wants to do it, save money on their overhead. But its not always as easy as it sounds. Many times, so much of our operating costs are fixed expenses, mortgage, advertising budgets, it make it really hard to find the fat to trim. But one place that most business owners fail to look is at their inventory.

Think about it, if you could cut the cost of the inventory that youre selling, you would lower your overhead and thus, increase your profit margin. Being in the transmission or automotive repair business, you often think that your prices for parts will never go down, so you wisely budget for them to stay where they are. (Or in some cases, maybe even go up.)

But just how do you do that? One great way is to buy your transmission bearings directly from the manufacturer. Buying up some of a manufacturers surplus, or excess allows you to get some of the parts you need at some great prices. The theory behind the surplus discount is that these manufacturers need the space in their warehouses so that they can continue to manufacture orders. These surplus parts are there, taking up that needed space, and have to go. So, they are willing to sell these items at a discounted rate. Many times, the manufacturer will give even deeper discounts to those buyers who in buy in bulk, just to get the bearings off of their shelves.

Just how much can you save by buying in surplus? Well, in all honesty, it depends on how much you buy. A large shipment may allow you to buy each piece priced below cost, or the manufacturers cost to make the product. If this is the case, then their loss is your gain, in a huge way. Imagine buying all of the transmission bearings youll need for the year, and getting them at a price cheaper than it costs to make them.talk about savings!

Buying from the manufacturer doesnt give all of the bells and whistles you would have by buying from a parts supplier, but those things are exactly why theres so much difference in the price. Having to pay for TV ads, and all of the other things you see at most auto supply stores simply adds to the price for each of those bearings.

Because youre purchasing from the manufacturer, youll incur additional charges for shipping, especially for smaller orders. This is simply because they usually have large shipments go out to their clients in semi-trucks, and it would beridiculously expensive to hire an 18-wheeler to bring one small box of transmission bearings to your store.

Cutting the price of your inventory is an excellent way for an automotive service center to increase their profit margin. Its really just simple economics, the less you spend on your materials needed to provide service, in this case, transmission bearings, the more profit you have left over. Buy in surplus is a great way to cut the price of your inventory.

Read More

How Bearing manufactures Knows Which Bearings Work For Your Application

Bearing manufactures produce bearing to allow relative motion that is linear or rotational between two parts. Bearings are very important part in motion andmechanical technologies and act as anti friction. Bearings basically reduce friction by using either balls or rollers that is by its shape and material. Have you ever wondered that things roll better than sliding? If parts slide over one another, friction is created and that tends to slow down the speed. But, if the parts roll over one another, friction is greatly reduced. This is the simple concept behind bearings manufacture.

Besides bearings, there are other components as well such as clutches, torque limiters, rotary dampers and rollers that are used in equipments and machines to ensure maximum efficiency with reduced friction.

Bearing manufactures differentiate bearings according to the motion, principle of operation and the direction of load application.

There exist various types of bearings ranging from plastic bearings miniature bearings to steel bearings, each used for different application and purpose. The most common type of bearings is the ball bearings that are used in inline skates as well as hard drives. These bearings are useful in the case when the load is relatively small and can handle both thrust and radial loads.

It is plastic bearings that is gaining in popularity and is the best choice especially in the foods industry. This is because plastic bearings are good in both conditions such as wet and corrosive. These plastic bearings are again non magnetic andextremely resistant to corrosion. Plastic bearings find its uses in vending machines, refrigerators and in office furniture as well.

There are steel bearings too that are basically high-load precision bearings and primary field of application of these bearings are in tool chests, kitchen equipments, conveyors and in high load cabinets as well. There exist other types of precision bearing products as well such as the spherical bearings.

There exist miniature bearings that are corrosion resistant, light weight and cost effective. Primary applications of these bearings are found mainly in office equipment such as photocopiers, ticket dispensing machines and printers.

Of all the bearings, ball bearings are the most cost effective as the cost of producing the balls used in these bearings is least expensive. The main purpose of the bearing manufacture is to reduce friction and support different type of loads such as radial and axle. With modern technology and latest innovations there are bearings that have longer life cycle and that makes it harder to destroy. These bearings are used in massage machines, steel doors, casters for furniture and rollers for guide of elevators.

Read More

Bearing Stock Clearance: Save Money On Your Bearings

We all heard the phrase, Everything Must Go, well when you buy from parts manufacturers, everything must go, works well in your favor. Stock clearances are done by a business when they are desperate to make some money to keep the doors open. Its like when a store has a going out of business sale, but then stays open after the sale is over. They just did it to bring in some extra business,or perhaps they were really facing the possibility of having to close their doors. But either way, they got the extra business to make their sales numbers for the month, quarter, or whatever period of time.

Buying your transmission bearings from a stock clearance sale is a really great way to save on your parts for your business. By buying from stock clearance sales, you get the products you need at a great price. Often times, these parts are sold for very above or even sometimes below cost. If youre lucky enough to find the bearings at a price below the cost that the supplier paid for them, then youve got a deal.

There are a variety of suppliers on the internet that have routine stock clearance sales. Simple internet search in your area will give you the information you need to contact the seller and get information on the bearings. From there, its just a matter of bargaining for a price you want, and making your shipping arrangements.

Finding a local supplier whos having a stock clearance sale can be as simple as looking at the ads in your local newspaper. But the telephone is probably going to be your best weapon. Call around to shops and find out if they are liquidating their stock, or having a sale. Try smaller, mom-and-pop suppliers first, because they dont have as many pricing standards as their corporate counterparts. Try and speak with the owner and see if you can get a deal for paying up front, or buying in bulk. If they are in your area, and you have the means to, pick up your order. This way, youll be able to save additional money on shipping costs.

Stock clearance sales arent always hard to find, but the items you need may be. Because of the tremendous amount of savings, these sales are usually highly attended, so their selections will often times be picked over quite a bit. So you have to make sure to shop early in order not to miss out on the bearings you want. After all, it doesnt matter how great a deal you could get on them, if theyre out of stock, most of these sales wont let you place them on backorder.

Saving money on the inventory you need for your business is a fundamental way to increase your profits. While it may take a little work on your part, you can really save quite a bit of money on bearings, or whatever other parts you may need for your business.

Read More

How Buying Bearings From A Bankrupt Manufacturer Can Benefit Your Business

The automotive industry is undergoing a major overhaul, with the big three going through bankruptcy, and parts suppliers going under on what seems like a daily basis. With all of these issues going on, more and more people are looking to keep their existing vehicles. Now, automotive repair shops are seeing more business than ever. But this rise in business in the auto repair industry has not translated to the parts manufacturers, because theres simply not enough volume there to replace the missing order from the automotive factories.

But if youre in the automotive repair business, their loss can be your gain. Because these companies are closing their doors, they are liquidating their inventories at extremely low prices. That means more savings on the parts you need to provide services for your customers. Not to mention that we all know that the more money you save on your parts, the more profits that you will have in your pockets. So lets find out just how we can buy these bearings from bankrupt manufacturers, and save your business some overhead.

The first thing you need to do is contact the manufacturers sales department, and find out if their assets, (in this case, the bearings,) or their inventory has been liquidated. If they have, youre too late for this manufacturer, but youll find another one. If they do, know just how many bearings you want to order, and simply find out the price for your order. That part seems simple enough, but just how does this save us money?

To understand this, you have to understand the basic principles of how bankruptcy works. When filing for bankruptcy, most businesses file for Chapter 13 bankruptcy. This type of bankruptcy is filed, and after the proceedings, it is required, (and usually best for the best in question, that the business liquidate of their assets. This helps the company because the liquidation will help to lower the amount that has to be paid back to their lenders. So these suppliers will be desperate to move their inventory, which means that youll be able to get the bearings you need for your business at a great price.

Because the bankrupt business is going to be more willing to work with you on prices, you may be able to negotiate pricing based on bulk orders, free shipping, or any other pricing option that you can think of. They may be less-willing to allow you to finance the purchase, because for many of them, bad financial transactions are a part of the reason why theyre filing for bankruptcy.

By buying from a bankrupt parts supplier, you can save yourself a great deal of money on your supplies. This extra savings will you to do so many things, from paying off debts that your business may owe, to expanding your companys marketing and advertisement, thus allowing you to bring in more customers and make more profits. Just by simply lowering your overhead costs, you can increase your profits.

Read More