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What is Lubrication: Cost or Strategic Investment? about?

This document discusses how to convince management that investing in lubrication excellence programs can reduce costs rather than just being an added expense. It recommends developing a cost-benefit analysis model to estimate the opportunity costs of current lubrication practices, such as maintenance costs and downtime costs, and how much of those costs could be eliminated by a new lubrication program. The model would estimate current costs, project future costs under different scenarios, and determine what

Author

marcalasan

Language

EN