Tag Archives: ROI of Oil Analysis

Oil Analysis ROI—A Few Aspects You May Not Have Considered

Why are oil analysis programs now the rule rather than the exception across most industries?  Because they are one of a handful of services that deliver obvious and demonstrable ROI. The calculation of ROI can get very complex, but even a simple equation will deliver the evidence management needs to justify and expand the program.…
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ROI of Oil Analysis—TestOil Experts Weigh In

CLEVELAND, U.S., Aug. 7, 2020 TestOil, the industry leader in lubricant testing, offers considerations regarding the return-on-investment of oil analysis. “There are many formulas, but a simple calculation is cost savings divided by cost of program,” TestOil Senior Technical Advisor Evan Zabawski said.                 He continued, “Cost is a common consideration that prevents some companies…
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