Posted at 06 February 2019

When TCO Means "Taking Care of Oil"

Paul Skade
By Thomas Boswell
Condition Monitoring Engineer at ERIKS UK & Ireland

Tom has been with ERIKS just over 12 years, starting out his career as an apprentice.

Since joining ERIKS Tom has built up a wealth of knowledge which he u...

Read full bio

Many businesses believe that the only way to save time and money on lubrication is to outsource the task. It’s true that paying someone else to make regular rounds with an oil can or grease gun leaves engineers free for more important things with a greater influence on productivity.

oil

 

Yet looking beyond the grease nipple and the oil valve – with ERIKS Lubrication Service – can provide far greater benefits: from higher asset productivity to greater reliability, and from reduced downtime to significant TCO savings.

The 6 critical lubrication points

The ERIKS Lubrication Service does much more than simply keep lubricants topped up. After all, if you’re using the wrong lubricants, too much or too little, too often or not enough, then the last thing you want is lubrication as usual. That’s why the ERIKS service covers these six crucial points.

  • Review
  • Audit
  • Plan
  • Commission
  • Implement
  • Monitor, manage and continuously improve

 

Now available nationwide, the ERIKS Lubrication Service has been trialled in several areas, with impressive results. One notable example is a biscuit factory in Scotland.

The TCO of their assets has significantly reduced. And the fact there have been no mechanical-based equipment failures in the 12 months since the service began, is just the reliability chocolate covering on the biscuit.

 

Read the Complete Article: Know+How Magazine Issue 36 Industrial Digitalisation

There is no denying the prospect of industrial digitalisation is both exciting and daunting in equal measure and no doubt each of you will be at different stages on the road to digital transformation. 

In our latest edition we want to help demystify this familiar buzzword into tangible day-to-day processes. We'll be providing you with an update on the latest news and technology available, taking an in-depth look at Industry 4.0 and all that comes with it, outlining some ways in which the industry can work together.

See pages 12-13!

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