This is the first in a 9 part Lubrication Practices Benchmarking Study produced by Mike Johnson, CMRP and Terrence O'Hanlon, CMRP,

Vendor Selection is the first key component that must be in place prior to putting together the program. Within the vendor selection program there are four parts to successful lubrication program management. These include:

1) General Criteria for selecting lubrication vendors;
2) Product Performance Criteria;
3) Service Criteria;
4) Logistical Concerns.

Each part to this KPI is weighted equally.

Please use your best efforts to answer as accurately as possible.

If you are a service provider/contractor please answer for your largest client.

Yes answers score 1 point. We suggest you keep a running point total manually as additional information will be published with scoring keys and more detailed assessment methodologies.

You may take this survey anonymously or you may provide your contact details if you would like an advanced copy of the study report and action recommendations.
General Criteria (1 point for each yes)

* 1. The company/corporation maintains a multi-year lubricant master supply agreement with one to three vendors?

* 2. The agreements for fuels, lubricants and process oils are maintained as separate agreements?

* 3. There is an objective and quantitative method in place for selecting lubricant vendors?

* 4. The method used to select vendors incorporates discrete decisions for pricing , product performance and service (including, but not limited to, product delivery)?

* 5. Individual plants are able to purchase outside of the vendor agreements to meet delivery and service requirements?

* 6. The company has aggregated the majority of its lubricant consumption where possible into one vendor agreement?

* 7. The purchase agreement provides escalation caps tied to the cost of raw materials (base oils) to prevent price escalation?

* 8. The purchase agreement incorporates vendor penalties for failure to deliver, or delivery delay for, any product on the agreement?

* 9. Product pricing represents no more than 1/3 of the weighted decision criteria in the vendor selection process?