In the life sciences, healthcare, or chemistry, an important type of equipment is the centrifuge and rotor. These precision machines, when properly operated and maintained, can last ten years or more. Although no organization is eager to spend money on replacement equipment, it will eventually become necessary.
Eventually, centrifuge performance will decrease. However, the factors involved in the decision to replace that centrifuge should be considered long before the equipment suffers a failure. This process is commonly referred to as life cycle management. Life cycle management balances factors including the expected life span, the value the machine can bring, maintenance time and expenses necessary to maintain the device, and budget.
A lab manager should employ life cycle management as a tool to aid in evaluating when to replace equipment.