All industries are constantly changing to increase productivity and profitability. Concentrating on their core activities with outsourcing less important activity from the specialized third party company is worldwide trend. As a good example, "Total Fluid Management(TFM)"by the third party has proved to be one of the most successful outsourcing process. O&V Korea established February 2000 is based upon the new wear monitoring technology of optical and magnetic detector which was developed in 1997 by "Korea Institute of Science and Technology(KIST)and had gone through successfully 3 year field test in Posco. This technology monitoring ferrous and non-ferrous wear in oil enables not only earlier failure waring than expensive vibration monitoring system and but also failure warning for the place where vibration systems can't be applied. Utilizing above wear monitoring technology and oil analysis capability of KIST together with lubrication specialists of key industry sector for implementation, O&V Korea will provide TFM service to major industries, such as, Steel, Paper & Pulp, Power Generation, etc. O&V Korea, the only qualified TFM service provider will contribute to high standards of reliability, safety and efficiency and will be an excellent business partner with the customers which want to be the world-best.