Lubrication management may not sound exciting, but it matters. If your business relies on the use of lubricants to keep it running smoothly, then you understand by now the costs involved. What you may not fully realize, is the long-term importance of proper lubricant management. With the right procedures and systems in place, you can accurately track all of the costs involved, eliminate and avoid unnecessary costs, and increase business efficiency.
To start, it is important to understand the core components that contribute to the total cost of equipment ownership when it pertains to lubricants for your business.
How much does it cost to supply your equipment with the proper lubricants for normal use?
How much do you send to maintain your equipment and keep it running smoothly?
Are you using the right lubricant for your equipment? If not, it could be costing you.
How much does proper lubrication affect equipment downtime? How will improving your lubrication management help prevent downtime and maintain production?
Do you understand all of the costs associated with lubrications?
Effective Lubrication Management
The better you can understand the total cost of ownership and potential costs involved with lubrications, the more savings you can realize over time. Effective lubrication management delivers value to your business by improving productivity, reducing unnecessary consumption, and giving you greater control over maintenance and operating costs. Basically, the better you manage your lubrication usage and costs, the more efficient your business will be.
Here are the four principles to lubrication management:
If your business relies on lubricants and greases to maintain efficient operations and business continuity then you understand the value of good lubrication cost management. If you aren’t being meticulous about your lubrication management, it could be costing you a lot of money in your business. Aside from wasteful use of lubricants, you could be losing money through down time, inefficiencies, worn out equipment, and incompetent workers. Invest in proper lubrication management to keep your business running optimally.
If you need regular supplies of lubricants delivered to your business, Moffitt Services is one of the best in the business. We’ve helped businesses improve and avoid costs with our exceptional lubrication management and delivery services. Call us today to find out how we can help your b