Is it the supply, the input power, or a short downstream?
Step 1: Visual & Smell Check
Smell: A strong "burnt electronics" smell usually indicates a blown capacitor or MOS-FET. The unit is likely dead.
Visual: Look for charred marks, bulging capacitors, or a blown internal fuse (if visible).
LED Status: Is the "DC OK" or "Power" LED on? If it's off or blinking, proceed to testing.
Step 2: Check Input Voltage (Source)
Set your multimeter to AC Volts.
Measure across the input terminals (L and N, or L1/L2/L3).
Result: You should see your standard facility voltage (e.g., 120VAC, 240VAC, 480VAC).
If 0V: The problem is upstream (breaker, fuse, or wiring to the panel).
Step 3: Check Output Voltage (Load Disconnected)
Crucial Step: Turn off power, disconnect the output wires (+V and -V), and then turn power back on. You must test it "unloaded" to rule out a short circuit in your machine dragging the voltage down.
Set multimeter to DC Volts. Measure across the output terminals.
Result: You should see a steady voltage (e.g., 24VDC).
If voltage is bouncing or 0V: The power supply is dead.
If voltage is steady: The power supply is good; you have a short circuit in a sensor, valve, or wire downstream.