We hope this information gives you a better sense of the impact of routine equipment oil changes on your organization’s profitability.
Keep in mind that this total only reflects the direct costs of oil changes. Various administrative costs, equipment downtime and risk factors (oil spills, adding the wrong lubricant) also come into play.
Now ask yourself: Are these costs even necessary?
How to Extend Your Oil Change Interval
Depending on your current lubrication management practices, there are many different things you can do to reduce your mean time between oil changes, including ensuring proper storage, handling and filtration of your lubricants.
Perhaps the most important move you can make is to monitor lubricant condition through expert oil analysis, vs. changing the oil at a set interval, can reduce the frequency of oil changes. Moving to a more predictive approach may help save thousands of dollars per year per piece of equipment.
But this issue is complex, and the right solution varies for every facility. If you’re interested in talking it through with one of Trico’s experts, please contact us at email@example.com or call 262-691-9336.
|Total of Plants|
|Total # of Pumps (In all plants)|
|Total # of Gearboxes (In all plants)|
|Total # of Hydraulic Units (In all plants)|
|Dollars per Hrs Labor|
|Total of Oil Changes Annually|
|Total Number of Oil Changes Annually||Total Volume of Oil (Gal)||Total $ in Mineral Oil ($)||Total $ in Synthetic Oil ($)||Total Labor (Hrs)||Total Labor ($)|
|Results||Total: 50% Mineral Oil|
|Total: 50% Synthetic Oil|
|Total Oil Change Cost|