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How is Fluids Analysis Used to Reduce Risk?
- Fluids analysis reduces business risks associated with machine failure such as breach of contract due to delivery/quality/performance problems, safety concerns, environmental damage, etc.
- Certifying lease-return vehicles and equipment
- Certifying the condition of used vehicles and equipment prior to purchase
- OEMs: Ensures that only legitimate warranty claims are paid
- As an additional piece of documentation for litigation
Why is Fluids Analysis Used to Reduce Risk?
- Vehicles and equipment that are maintained well are less likely to fail; less unexpected failures results in fewer situations where a company is at risk
- Knowing the internal condition of used vehicles and equipment reduces the risk of purchasing a lemon
- Reduced risk of accepting abused vehicles and equipment on lease returns
- Reduced risk of satisfying non-qualifying warranty claims
ROI/Benefits?
- Lower risks, lower risk-based costs
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