A mutually beneficial long-term relationship with each client is the foundation of our company’s mission to lower our end user clients’ Total Cost of Ownership. A valve and actuator’s Total Cost of Ownership is the sum of its three cost components:
The intent is to reduce these costs without a commensurate increase in risk. For example, if a valve manufacturer decides to cut its manufacturing cost by changing the manufacturing process, the result may be a less dependable valve before it is ever put in service.
The cost of manufacturing plus the cost of distribution equals a new valve’s cost of purchase. In turn, the cost of purchase plus the cost of owning equals the overall cost of the valve. Southern Valve Services’ primary role is to address and reduce the cost of owning.
The cost of owning is also comprised of three components: