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Implementation Phase :
Sometime back the British government funded a project to assess the effect of lubrication on the country's GNP. The findings now popularly known as the JOSH REPORT reveal that proper lubrication practices result in :
1. Saving in lubricant cost   20%
2. Savings in maintenance cost.   20%
3. Savings in investment due to higher machine utilization ratios and greater machine efficiency .   1%
4. Savings in investment due to increased life of machine / equipment   5%
5. savings in manpower costs.   1%
IMPORTANT FINDINGS OF JOSH REPORT
* 5% improvement in uptime can increase thebottom line profits by 20-25%.
* 80 % of mechanical failures relate to unscientific lubrication practices.
* 6-7% of GNP is required to rectify the damages caused by mechanical wear or tribology problem.
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