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An enormous amount of productivity is lost because the correct oil or grease is not professionally installed at the right time. Lubrication is a critical responsibility but, in many organizations, effective techniques and the technicians who know and do them get little respect. Building the role of lubrication experts is a relatively low-cost way to materially improve reliability. 

Studies have shown that 70% to 85% of equipment failures are self-induced, meaning that maintenance practices and processes are solely responsible for the failures. See the attached article for the "Whole Story".