Up Time Magazine - February/March 2009 - (Page 23) and tracked until these conditions improve. In addition, there will be a procedure library which provides task-specific work-steps and eliminates repetitive data-entry. Equally important is a detailed history for each lube-point as well as lubrication specific reporting. This detailed history is required for KPI oversight as well as for process improvement and failure analysis. It also enables international standards and audit accountability. Lubrication specific reporting brings forth information at both detailed and management overview levels. Providing instant understanding of program status, reports can be run in both tabular and graphical formats. • Mitigate Human Factors • Maximize Employee Effectiveness • Cut Energy Costs by up to 20% Best of all, any one of these will quickly save more than the cost of a task-specific software solution. With documented benefits and rapid ROI, it is hard to understand why corporations continue to neglect this profound opportunity for notable increases in operational efficiencies, competitiveness and profit. References 1. Energy Reduction through Improved Maintenance Practices, Kenneth E. Bannister, 1999 Industrial Press 2. Exterminate Lube Problems, Ricky Smith CMRP, Plant Services, 2008 Eric Rasmusson is President / CEO of Generation Systems, Inc. He has over 30 years of high-tech and industrial software experience and is the principle architect of LUBE-IT, the world’s leading Lubrication Reliability software solution. Eric launched Generation Systems in 1984 and now is guiding the company toward its 25th anniversary. His passions are increasing global awareness of the profitability of lubrication reliability, and enhancement of the award-winning LUBE-IT product. Eric also holds concern over the increasing complexity and bloat of industrial software. This, coupled with his sincere regard for end-users, drives him to innovate comprehensive, yet highly intuitive solutions. Costly Misperception Most often, there is a major disconnect between the “oil is oil” presumption of upper management and the inherent understanding maintenance and reliability professionals have for the complex nature of lubrication. When these professionals seek funding for a taskspecific program they are often told “there is no budget for that.” Frankly, this is akin to shooting oneself in the foot. Think about it, for a plant with an energy consumption of $500,000 a year, a 10% energy savings from a properly designed task-specific Lubrication Reliability program would result in an annual savings of $50,000. Further, Smith draws this impactful conclusion “If a company’s annual sales are $60 million, and total downtime is 10%, and 25% of downtime is due to lubrication, the lost opportunity cost due to lubrication is $1.5 Million.” Reality and Results By addressing the number one cause of equipment failure, reactive maintenance, work decreases and overall plant reliability increases, which increases operational efficiency of machinery and the overall productivity of the plant. In short, a task-specific lubrication reliability solution will do the following: • Reduce Costly Downtime and Failures • Maintain Mission-Critical Knowledge Assets www.uptimemagazine.com 23 http://www.pdma.com http://www.pdma.com http://www.uptimemagazine.com
For optimal viewing of this digital publication, please enable JavaScript and then refresh the page. If you would like to try to load the digital publication without using Flash Player detection, please click here.