Machinery Lubrication magazine published by Noria Corporation
Issue link: https://www.e-digitaleditions.com/i/793941
Asset management can be defined as the "coordinated activity of an organization to realize value from assets." It involves the balancing of actions, costs, opportunities and risks related to the desired perfor- mance of assets to achieve organizational objectives. In other words, asset manage- ment relates to all actions involved in a plant to have productive machines, tech- nologies and systems. Lubrication Excellence as Part of Asset Management A good asset management system considers the machine's complete lifespan. In general, the elements of an asset life cycle are shown in the table below. Note that the stages listed in the table are interrelated and aligned to other company systems and goals. An asset management system must also be supported by strong managerial commit- ment, organizational culture, training, metrics and continuous improvement. A favorable business environment is another critical factor when implementing an asset management system. Lubrication Strategy as Part of ISO 55000 Asset Management It's easy to see how a well-structured lubri- cation strategy has a positive impact on nearly every stage of the asset management cycle and how an effective lubrication program can help you achieve your organizational goals. A lubri - cant could even be considered an asset that contributes to the operational goals. Keep in mind that the ISO 55000 series of standards do not specify how to do things but rather what should be done. This allows an organization to achieve the requirements by following its internal procedures. Audits can be conducted to compare current prac - tices to the standard asset management requirements. The requisites can then be converted to guidelines for a lubrication strategy so the lube program, tasks and actions can be aligned with the standard. COMPARISON OF ASSET MANAGEMENT AND LUBRICATION STRATEGIES ASSET LIFE-CYCLE STAGE EXAMPLES OF ASSET MANAGEMENT ACTIONS EXAMPLES OF LUBRICATION EXCELLENCE ACTIONS Machine specifications and selection Machine is selected with the capabilities required for the production (and business) goals as well as the machine's environmental severity and reliability goals. Selection of online filtration systems, lube room design, lubrication tools, hardware, lubricants and supplier Installation and commissioning Optimum practices for transporting and handling of the asset as well as for the installation, alignment, flushing, initial tests and endorsement for operation; modifica- tions and technology for reliable operation; systems or hardware that will support reliable and productive operation as well as good asset maintainability Lube room implementation, storage and installation of lubricants in machines, installation of filtration systems, machine retrofitting, etc. Operation and maintenance: Operation within the design capabilities is important for a long and productive life. The required maintenance interval is also fundamental. Maintenance strategy is implemented with the best possible resources according to budget and risk. Investment in a reliability strategy is critical for a productive machine life. Maintenance strategy is not static; it should follow a creative and continuous improvement program. This denotes the machine's or asset's usage and administration during its life. Includes the production/operation program and scheduled shutdowns. The maintenance strategy should include a preventive plan as well as predictive and proactive strategies. Includes technological improvements for production control and machine reliability (continuous improvement). Development of lubrication program, lube and inspection route scheduling, lubri- cation-related procedures and tasks, oil analysis strategy, lubricant contamination control program and leak control; periodic review of the lubrication program, use of new technologies, continuous improve- ment of the oil analysis strategy, etc. End of use This happens when it is cost-effective to replace instead of repair/rebuild. It is also applicable for low-cost components when run- to-fail is the intended maintenance strategy. The asset is set aside and unsubscribed from the asset management system. Lubricants and lubricant-contaminated materials are disposed of properly at the end of their life. www.machinerylubrication.com | March - April 2017 | 47 ML