Provide Asset Management Best Practices with LubePM
The phrase Lubrication Management System exists in ICML 55, the global standard from the International Council for Machinery Lubrication (ICML). Dozens of worldwide experts in lubrication, maintenance and reliability wrote this standard to achieve optimized lubrication of mechanical and physical assets.
The industry is focusing on reliability and sustainability initiatives, and to achieve these initiatives, people are looking at global standards such as ISO 55000 and ICML 55. LubePM is a conduit for achieving standards of asset management that focus on precision maintenance and reliability, thus ensuring the sustainable operation of a plant.
Asset management may involve physical assets such as equipment, human resource assets such as people, and knowledge assets such as documentation and training. All of these must be analyzed, and a management system put in place to ensure lubrication tasks are done consistently, accurately and completely.