Important of maintenance management, Business Management

Assignment Help:

Important  of Maintenance Management

1. Dependability  of Service: it  is one  the performance measures by which  a company  can  distinguish itself from others. To  establish a competitive edge and to provide good customer service companies must have reliable equipments that will respond to customer demands when  needed. Equipment  must be kept in reliable condition without costly work stoppage and down  time due to repairs if the company is to remain productive and competitive.

2. Quality Assurance : Maintenance is an important factor in quality assurance which is  another basis for the successful competitive edge. Inconsistencies in equipments lead to variability  in product characteristics and result in defective parts that fail to meet the established specification. Beyond  jus to preventing break sown it is necessary to keep equipments operating within specifications( i ,e ,process capability ) that  will produce high level of quality.

3. Help  in not  Losing  Market  Share:  Many  manufacturing  organizations  particularly  those with JIT ( just  in time)  programmes are operating with  inventories so low that they offer no protection in  the  event of a lengthy equipment  failure. Beyond the cost  fo idle  equipment idle labour and lost sales  that can result from a breakdown  there is a danger of permanently losing market share to  companies  that are more  reliable. Maintenance function can help present such an occurrence.


Related Discussions:- Important of maintenance management

Create a production schedule, 1. Create a Production Schedule for January t...

1. Create a Production Schedule for January to May and identify any issues that may affect achievement of the Schedule. Use the information outlined in the Scenario below in conjun

BSBMGT616A, ? Develop a separate summary statement for each potential ally ...

? Develop a separate summary statement for each potential ally for a co-operative venture that describes their alignment with MacVille’s vision, mission, values and attributes, as

Explain the term motivation and its importance, QUESTION 1 (a) Define ...

QUESTION 1 (a) Define the term management and explain its functions? (b) Explain the problem solving and Decision-Making Process? QUESTION 2 (a) Explain the term "m

Show clarksons principles of stakeholder management, Corporations were for...

Corporations were formerly run solely in the interest of the shareholders. Things have changed; we are now witnessing growing concern for multi stakeholders. (a) Illustrate an

Capstone project, Industry Analysis and Organizational Strategic Plan Th...

Industry Analysis and Organizational Strategic Plan This project is an individually-prepared strategic analysis with recommendations for a publicly-held corporation selected fro

Explain common types of organizational change, Q. Explain Common types of o...

Q. Explain Common types of organizational change? Organizational change holds risks and rewards. The main common types of organizational change are automation and rationalizati

Case Study, Part 2 There are two short cases at the end of the Daft. The f...

Part 2 There are two short cases at the end of the Daft. The first is Lisa Benavides, Forest International and the second is Acme and Omega. Choose one of the cases and 1) Using

How important is the concept of motivation, Question 1: Define Communic...

Question 1: Define Communication and account for the dominant role which it plays in the function of Organisations. Question 2: Describe Planning and give an account of

Problem based on vision and mission statements, a) Mission statement refe...

a) Mission statement refers to the avowal of an organisation's overall purpose, such as Nokia's "Connecting people..." It outlines the basis for setting the objectives of a busin

Types of quality audits, Compare various types of quality audits, and recom...

Compare various types of quality audits, and recommend TWO (2) types of audits suitable for the subject. Explain how those audits can help to assess whether subject's quality effor

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd