| 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. |
|