In the world of business today where investors seek optimal return on their investment, lubrication plans on engineering equipment as not being given the proper attention. If properly done, your lubrication equipment minimizes your loses while keeping the return on your investment high. It cuts out all manner of unnecessary loses that would ordinarily affect your investment. So before you make your next investment move, it is necessary to have a solid lubrication plan. It is not enough to pour your money on an investment without having plans of keeping them smoothly running. In this article, six best lubricating technique you can use on your investment are shared.
#1 Know the Standards
It is important you familiarize yourself with the industry standards in lubricating of investment. Technically, this is referred to as bench marking. For your investments to yield maximum return, it is vital you thoroughly understand the industry you are playing in; else it will be like driving your car at night without your headlamps. Bench marking helps you understand the best route and resources you must have at your disposal in maximizing your investment. Nothing good ever comes easy. To secure your financial success, there have to be in-depth understanding, tenacity, a powerful vision and a willingness to burn the candle at both ends.
#2 Design and Engineering stage
Being the earliest phase of your investment project, it is at this point you will have to identify areas where lubrication will be most needed to how to implement lubrication there. Based on the make of the lubrication equipment, there has to be a planned line of action in modification and periodic inspection. Safety precautions, reliability requirements, return on investment all need to be put into consideration. With all these in mind, you need to set out to develop a lubrication plan that will touch all lubrication points. There also needs to be a drafted method of containing contaminations coming from the equipment, modifying the equipment when business needs demand so, analyzing the lubrication oil used on the equipment training the machinery lubrication technician on best practices of lubrication.
At this stage, it is important to consult the Original Equipment Manufacturer (OEM) guidelines on the type of lubricant to use when lubricating your equipment. These guidelines will aid in tabulating the appropriate viscosity of the lubricant to be used, constituent properties of the lubricant, re-lubricating volume and frequency.
Most people opt for “shoot from the hip” technique in place of gauging the frequencies and volumes needed for re-lubrications. This is just like driving a car without the brakes, your crash is inevitable. To fore-stall frequent equipment break down, ascertain the lubrication frequencies and the required volume.
#3 Strengthening your lubrication plan
Lubricant consolidation should be considered when drafting your lubrication plans. Doing this makes your lubrication plan stronger by allowing know exact points of minimizing cost and eliminating unneeded materials. Consolidation also throws light on the appropriate quantity of resource materials needed. It also helps to avoid lubricants from contaminating your products and makes it easy for your team of engineers and technician to easily access what they want and when they need them.
It is paramount that each phase of your lubrication activity will meet the right amount of lubricant at the right time as it makes the job of your technician easier.
#4 Storing and handling of lubricants
Appropriate storage and operating of your lubrication materials not only determines the success of your lubrication plan, but the quality of your products hence your ROI. If not properly handled, lubricants can contaminate your products which if it happens will adversely affect your business. For this reason, it is necessary to have storage facilities out-fitted with filters, dispensers and safe storage, to be in place. The surrounding environment around your lube room should be kept clean at all times.
Proper handling of lubricants calls for appropriate labeling of all lubricating materials. It is usually the first step to be taken in storing your lubricants. Clear readable labels which should be placed on top up container, grease gun, filter cart and the lubrication equipment. Doing this reduces the complexities of your lubrication, making it easier more identification by technicians thus preventing wrong use of lubricant. With bold labels placed on all lubricant apparatus, the smooth running of your operations is guaranteed.
It is not enough to plan and design, execution and implementation is the bottom line. If there is no implementation, then all efforts in drafting your lubrication plan equals zero. Execution is not what you run off and do in days, but as a matter of fact years if not the entire lifespan on your project. Hydraulic systems requires continuous modification which ranges from installation of breather, sight glasses, dedicated sampling port, quick-connect for periodic decontamination, filters. You would agree that all this will cost money, but the dividends accrued are always worth the effort.
Precautionary measures should be observed in modifying your equipment so as not to compromise safety. It is important that standard procedures be observed in carrying out modifications. But for simpler components like bearing, ordinary routine procedure is sufficient, and not much manpower is required.
#6 Continuous updating and upgrading
Even after a successful implementation of your lubrication plan, it is needful to stay updated on industry standard. This is because new technologies and innovations are continuously introduced to your industry, prompting re-benchmarking. Updating your lubrication plans ensures that all financial commitment you might have put in is financially profitable in the end.
Every business will at some point experience changes in workforce, management strategy and business goals. Lubrication being a constituent component of your business should not be left out in the wave of change. There has to be a mechanism in place that ensures improvement and refinement at all times. Continuous improvement of lubrication plan is easily to be abandoned especially when experiencing high labor turn over. To avert this common trend, it is necessary to develop procedures for lubrication at design and engineering processing. Doing this makes your lubrication plan much sustainable.
Do you have your lubrication plan for your valuable equipment? Contact us for your own economic lubrication plan.