Machinery Lubrication magazine published by Noria Corporation
Issue link: https://www.e-digitaleditions.com/i/1316458
www . machinerylubrication.com | November - December 2020 | 7 e Assessment Phase of Ascend™ explores the costs of the lubrication program and esti- mates the effect of current lubrication practices on maintenance budgets, operating budgets and overall productivity. is seeks to identify the financial impact represented by current lubri- cation practices and is part of the cost-benefit analysis that must be made to justify the investments required to implement lubrication excellence. Project financial analysis tools are used and reported such as Internal Rate of Return (IRR), Net Present Value (NPV) and Payback Period (PP). ese tools develop the business case to present to management as part of the project approval process. Such a proactive approach to lubrication excellence implementation makes these improvement projects less risky and easier to justify necessary investments. Lubrication Excellence Transformation Each improvement implemented under the guidance of the initial Ascend evalua- tion report contributes to ORS compliance and a change in Factor maturity. Ascend™ has built-in simulation tools that show the result of individual initiatives to improve the maturity of each Factor in the ACL global compliance indicator. Whether using the PIN or the simple logic of Ascend, the process of transforma- tion towards excellence in lubrication should be directed to improve those priority factors immediately, concentrating the efforts on the red and yellow elements located in the Platform level. By identif ying priorities, improvement projects can be targeted at a few factors at a time, allowing for better distribution of resources and measuring the start and end of each improvement project. In many cases, these mini-projects can bring economic benefits and increased reliability that will serve to give credibility to the project, build trust in the team and support the implementation of the rest of the project. Some organizations that are aware of the importance of lubrication of excellence may elect to embrace a global lubrication process transformation project and achieve benefits in a shorter timeframe. If this is the case, years of proven experience allow us to support the industry in the process of implementing lubrication excellence through sophisticated tools, software and specific recommendations to execute a project along the shortest path without deviations or distractions. ML ML CALL 203.288.3509 W W W . D E X S I L . C O M One Hamden Park Drive, Hamden, CT ON-SITE Condition Monitoring of Industrial Oils Titra-Lube ® TBN ASTM Method D-5984-96 Quantitatively determines total base number in lubricating oils Titra-Lube ® TAN Correlates with ASTM Method D-664-04 Quantitatively determines total acid number in lubricating oils HydroSCOUT ® Quantification of Water in Lubricating and Industrial Oils ON-SITE OR LABORATORY SETTING ● Range: 50-10,000 ppm total water ● Results in less than 4 minutes