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

What skills are the required of a successful manager, What skills are the r...

What skills are the required of a successful manager? Skills needed of a Successful Manager are as follows: The skills needed of a successful manager, while he is working in

Write a note on classification of business objectives, Q. Write a note on c...

Q. Write a note on classification of business objectives? 1) Economic Objectives - Functions of customer Segment - Innovations - Optimum use of resources 2) Social Objectives -

Operational Plans, It is an imperative that when formulating Operational pl...

It is an imperative that when formulating Operational plans the environments in which the business operates in are considered, identify the environments and the tools used to analy

Using examples explain why people need to communicate, QUESTION 1 (a) ...

QUESTION 1 (a) Using examples explain why people need to communicate in business. (b) Briefly outline the five main attributes of a successful business communicator. (c)

Principle of management, For question10 on page 198 of your text. Perform a...

For question10 on page 198 of your text. Perform a SWOT analysis on NCC. Provide lists for NCC''s Strengths, Weaknesses, Opportunities, and Threats. Use pages 190-192 as a guide,

Marketing, what''s the fram works of a marketing plan

what''s the fram works of a marketing plan

Determine way to measure business position, Portfolio approach provides a u...

Portfolio approach provides a useful tool for analyzing business performance. As a top manager of a multi-business firm, you apply such analytic skill to develop a GE multifactor p

Corporate advertising, Corporate Adver tising: A sub functions...

Corporate Adver tising: A sub functions of company communication that different from product publicity or marketing communication. Instead of trying to sell an organiz

Systems orientation, PM alone cannot eliminate or drastically reduce break...

PM alone cannot eliminate or drastically reduce breakdowns. Supporting it there should be various steps taken in design development and engineering such that maintenance itself

Practise of management, if you were the profffessor and you knew what was g...

if you were the profffessor and you knew what was going through vincent''s mind,what would you say to vincent

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