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

Define the term sustainable development, Question: (a) Define the term ...

Question: (a) Define the term sustainable development (b) What is environmental sustainability (c) What are the different steps involved in the development of an EIA for

Interview question for manufacturing or service, Company background informa...

Company background information: which sector and industry (manufacturing or service, public or private) organizational characteristics (large versus small, average age

Ocr’s examination paper blunder, OCR’s examination paper blunder Expla...

OCR’s examination paper blunder Explanation and Identification of any two barriers to effective communication: e.g. jargon, technical faults, misunderstandings or poor communi

Explain about the term worker in 1948s factories act, Explain about the ter...

Explain about the term worker in 1948s factories act. Worker implies a person utilized directly or by any agency, if for wages or not, in further manufacturing process or into

Customer barganning power, does gender has any influence on customer bargai...

does gender has any influence on customer bargaining power?

What is c-type inventory in ABC analysis of control, What is C-Type Invento...

What is C-Type Inventory in ABC Analysis of Control? C-Type Inventory: Majority of the items (as 60 to 70 percent) constitute merely a minor fraction of the total yearly

Determination of inventory policies, Inventory are the result to many in...

Inventory are the result to many interrelated decisions and policies within an organization. These policies depends on company internal strengths and weaknesses and externa

Small business enterprises, Small Business Enterprises (SBE's) do play a ma...

Small Business Enterprises (SBE's) do play a major role in the world economy, and they are recognized as one of the main contributors to economic, development and employment growth

Name and explain negative aspects/outcomes of team work, QUESTION 1 (a...

QUESTION 1 (a) List down and explain 2 main and distinct strategies you would adopt to settle a given conflict in your organisation. (b) Name and explain clearly 2 positive

Describe the omnipotent and symbolic view, According to the systems approac...

According to the systems approach, all organisations are open systems as they are being impacted by different components of the external business environment. In such a context, th

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