Importance of inventory management
Importance of Product Storage

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:
Purchase & Delivery Date: Label should mention the date of the purchase & delivery date of lubricants.
Product Name: It should also mention product name, brand, manufacturer
Quantity: It should also mention the quantity.
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.
Technology -
Stage Wise Mechanical Filtration
The first stage is the largest micron rating, i.e. 50 micron or 25 microns. Second stage could be a medium-sized micron rating, maybe 10 or 16 or 20 microns and the final one, polishing filter stage, could be 6, 3 or 1 micron. The decision of micron rating depends on the kind of oil, level of dirt present in the oil and the application where this equipment is used.
Low Vacuum Dehydration
This technique is used for removal of moisture content from the oil, which is present in three forms:
Dissolved
Emulsified
Free form
The technology evolves around the fact that water boiling point is 100℃, when the vapour pressure above the water surface is atmospheric pressure. But when we reduce the vapour pressure to a vacuum condition say 750 torr, it's evident that the boiling point of water reduces from 100℃ to 60℃.
Electrostatic Fluid Cleaning
This calls for electrostatically charged electrodes inside a water bath.
It is a known fact that all foreign particles carry some charge. While we create positive and negative electrodes on the oil bath, the foreign particles which are negatively charged would be attracted towards the positive charged electrode and vice-versa. Thereby, after some interval of oil passage the particles would be attracted towards the respective oppositely charged electrode and a separation of particles happen.
Nitrogen Blanketing
This technique talks about the creation of an inert gas blanket in the header space of oil tanks.It has been seen that the header space of oil tanks, especially in the coastal areas, is full of humid air. This humidity is the biggest concern for oil oxidation and degradation. Hence, dry inert gas blanketing technology enables us to create a dry environment in the header space of these tanks. Having an inert gas ensures absence of oxygen, which would be the key element for oxidation and oil degradation.This technique has enabled a number of governing systems, lube oil systems in the coastal regions and they help them to reduce the problems of oil oxidation and degradation.
Tan Reduction By Ion Exchange
This is a technology which is used for reduction of TAN (Total Acid Number) value in the oil. TAN value is an indication of total acidity formed in the oil, which leads to an understanding of oil degradation.If we analyze the oil chemistry, there would be an understanding that oil degrades and forms carbonic acids and carboxylic acid groups. These lead to a condition where the oil is no more lubricating and it loses its basic properties. Hence, it is very important to maintain the TAN value within manufacturer subscribed limits.
High Velocity Flushing
This is a technique to clean pipelines, cavities, internals of the components.
The technology does not stop only for application on lube oil, but can be extended for chemical cleaning, water glycol flushing, water flushing and hydraulic oil flushing. The key element for right product offering depends on the requirement of the client and the diameter of the pipeline as well as the fluid which has to be used for flushing.
Also read: https://www.linkedin.com/pulse/storage-management-oil-products-its-importance-agrawal-mlt-1-/
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