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How Procurement Teams Overpay for Casters Without Realizing It

Jordan Wilson, President & Owner of CasterHQ
Jordan Wilson
President & Owner, CasterHQ
15+ years in industrial casters & wheels (OEM, facilities, MRO)
Practical analysis of how procurement teams overpay for casters and how to reduce total cost without increasing risk.

Overview

Many procurement teams believe they are controlling cost by buying casters from large, familiar suppliers. In practice, this approach often results in higher unit pricing and higher lifetime cost.

Overpaying is rarely obvious on a single purchase order. It becomes clear only when replacement frequency, labor, and downtime are evaluated.

Why Overpaying Happens

  • Reliance on catalog pricing without application review
  • Preference for convenience over technical validation
  • Limited visibility into manufacturer versus distributor markup
  • Lack of standardized caster specifications

Hidden Cost Drivers

Unit price alone does not represent total cost. The following factors often exceed the initial purchase price.

  • Frequent caster replacement
  • Maintenance labor
  • Equipment downtime
  • Injury risk due to poor ergonomics

Cost Comparison Example

Cost Factor Low-Cost Purchase Engineered Selection
Initial unit price Lower Higher
Replacement frequency High Low
Maintenance labor High Low
Total lifetime cost High Lower

How to Reduce Cost Correctly

  1. Standardize caster specifications by application
  2. Evaluate lifetime cost instead of unit price
  3. Work with suppliers that provide application review
  4. Plan inventory to reduce emergency purchases

For a broader view of how procurement behavior is changing, review the 2026 Industrial Forecast.

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