Data Sources for Lubricant Spend Analysis

Description

  Understanding Lubricant Spend Analysis

• Importance of data-driven decision making
• Key metrics and performance indicators
• Data quality and accuracy

Sources of Spend Analysis Data

• Incoming lubricant product acceptance data
• Specifications and standards (ASTM, ISO, DIN)
• New product evaluation data (case studies, cost-benefit analysis, failure analysis)

Data Collection and Management

• Data collection methods (manual, automated)
• Data cleaning and validation

Analyzing Lubricant Spend Data

• Basic data analysis techniques (summarization, visualization)
• Identifying trends and patterns
• Cost-benefit analysis