Minimac Systems Pvt. Ltd.

  Inventory management & identification plays a vital role in the machinery and plant maintenance. Proper identification tags should be used to segregate the oils with respect to their shell life, usage location. Product labeling can be used to identify the following: 1.  Purchase & Delivery Date : Label should mention the date of the purchase & delivery date of lubricants. 2.  Product Name : It should also mention product name, brand, manufacturer 3.  Quantity : It should also mention the quantity. 4.  Storage Location: It should also mention the storage location of the lubricants. The products should be used in the same sequence as they are brought into inventory. (1) FIFO : First in first out- lubricants should be taken into usage according to the date they are brought into the storage house. We can enhance the life of plant and machinery through proper maintenance, storage, marking of lubricants. Also read:  https://www.linkedin.com/pulse/storage-management-oil-product

  Product storage is an important criterion for any segment of products. It plays a vital role in the longevity of the products, every product in any form has a certain life period, and this life period forms the baseline of the product. Coming to the lubricating oil industry, the product life period plays an important role in the smooth running of the machinery and the plant. As these oils play a very important role in the day-to-day functioning of critical machinery, so if not maintained properly these can lead to the breakdown of machinery, thereby leading to a shutdown of the plant, which leads to the incurrence of huge losses. Therefore it is very important that these oils should be used well in advance before their life period expires. We can hereby pen down certain prerequisite conditions for the storage of lubricants: 1. Pre-usage Inspection : It is mandatory to verify their performance properties & conditions with oil analysis for the oils that have been kept for a long p