Audit of Machinery Lubrication Practices
Maintenance is a big business. Approximately one third of the billions of dollars spent on maintenance was found to be unnecessary. Maintenance is one of the areas of company’s expenditure that can be drastically improved upon. According to Dupont “Maintenance is the single largest controllable cost within a plant”. As these maintenance costs are variable in nature, we need structured PM programs, controls and practices to turn these variable costs into fixed costs. PM is a common acronym For Preventive maintenance, predictive maintenance, Planned Maintenance, Proactive Maintenance. As the maintenance costs are paid out of company’s profits the term PM has a new meaning – PM = Profit Maintenance.
All these maintenance strategies are selected for managing the mechanical assets and improving profits. They all Include a strategic lubrication program as an integral part. It is generally accepted within the lubrication community that over 60 % equipment failures relate directly to poor or improper lubrication Practices. In order to improve these practices and Scream profits, survey and audit of Plant’s Lubrication Practices is of utmost importance.