The words, “maintenance” and “repair” are so common in everyone’s vocabulary that we use them almost daily, and sometimes we’re not exactly happy about it. Whether it’s our cars and the oil change or tires they need or the washing machine that’s been making strange noises, most of us aren’t happy with the necessity of maintenance or repair in our personal lives. So why is it so different in our business lives? It isn’t. We hear phrases all the time such as: “run to failure,” “budget cuts,” “extended outage periods” that make us shudder. But are there better ways to deal with what’s happening?
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“For want of a nail, the kingdom was lost,” is the final line of an old proverb that reminds us that seemingly unimportant acts or omissions can have grave consequences. An infamous example of this exists in one of America’s most tragic incidents, the 1986 Challenger shuttle disaster.
If you’ve been around valves for a while, you’ve likely heard the term “new surplus,” plus a few other saltier descriptions for valves that are offered for sale. A joke in the industry concerning the phrase “new surplus valves” goes like this: In describing his valve product, the shifty valve salesman said it is new surplus: “surplus to me and new to you.”
