Machinery Lubrication magazine published by Noria Corporation
Issue link: https://www.e-digitaleditions.com/i/1148092
36 | July - August 2019 | www . machinerylubrication.com well-defi ned targets and milestones supported by the necessary resources to achieve the goal in a reasonable amount of time. Also, defi ne key performance indicators (KPIs) to monitor the project. is is not always easy, since eff ective indicators require information about quality, consistency and availability. e indicators should measure exam- ples of ineffi ciencies that are expected to be controlled with the project. Expectations should not be set too high in the short term, as some time will be needed for the numbers to progress. Finally, consider the story of a bauxite mine that was facing diffi cult times due to frequent shutdowns and high maintenance costs. After four years of working to implement a reliability strategy with lubrication excellence as the primary component, the plant documented a substantial payback. An investment of $1 million resulted in a return of $5 million at the completion of the project. Keep these achievements in mind as you create your own business case study, and don't forget that success is possible. ML About the Author Alejandro Meza is a senior technical consultant with Noria Corpora- tion. He has more than 20 years of experience in the lubricant industry, technical services, quality assurance, training, consulting and develop- ment in the United States, Brazil, Mexico and the Americas region. Contact Alejandro at ameza@noria.com to learn how Noria can help you realize the full value of implementing a reliability-centered lubrication project in your facility. PERSPECTIVE DESCRIPTION IMPACT 4 Rights: Right lubricant, right component, right amount and right frequency Definition of correct lubricant and lubrication requirements; control of wrong practices that cause machine failure Keep contaminants controlled Control of substances or materials that cause lubricant and machine failure Select high-performance lubricants with an optimized number of lubricants across the fleet or facility Optimization of maintenance routines, extension of machine life, reduction of energy consumption, reduction of lubricant stock administration Metrics system: Correct predictive technologies program, optimize and modernize oil analysis program, use KPIs and internal audits Monitoring different parameters of the lubrication strategy and tactics Technical/financial and holistic strategy Improvements are converted into satis- faction factors, such as financial numbers, reduction of risks, customer satisfaction, safety and environmental protection Program management Formal team with a champion, leader and team members who manage the program and report results Areas to address when creating a case study (708) 757-5200