Hidden Benefits of Lubricant Consolidation

This white paper discusses the process and advantages of lubricant consolidation in industrial plants. It begins by outlining the necessity of conducting a reliability assessment before initiating lubricant consolidation. The assessment identifies the variety of lubricants in use and evaluates their storage conditions, which can reveal opportunities for consolidation. The paper details several benefits of lubricant consolidation, including a reduction in misapplication of lubricants, simplification of the vendor management process, and a decrease in physical inventories and associated costs. It emphasizes that fewer lubricants can lead to lower inventory carrying costs and a more organized storage environment. The paper also presents a case study of FPL Food, LLC, illustrating how the company successfully reduced its lubricant types from twenty to eleven, enhancing operational efficiency. The conclusion reinforces the importance of lubricant consolidation as part of a reliability program, highlighting its potential to lower operating costs and improve profitability.