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

Accident control or prevention, Accident Control or Prevention Acciden...

Accident Control or Prevention Accident  prevention  involves removal  or control  of hazards. It  both  science and  art. It represents  above  all other  things  control  of

Business information system design, XYZ Limited is a store that buys comput...

XYZ Limited is a store that buys computer components at low prices, assembles the components into computers, and then sells the computers at high prices. Each computer is assigned

Processes of problem solving and decision making, QUESTION Instruction...

QUESTION Instruction- Read the following case study and answer the questions below On a Saturday night at one in the morning Mr and Mrs Samuel, repeated guests of Marriott

ERP, Distinguish between business function and business process

Distinguish between business function and business process

Design of unit operations, A detailed commentary on the chemical and mechan...

A detailed commentary on the chemical and mechanical design of at least one process unit operation. Process design of other units should also be completed along with pipe sizes (ma

Explain about the top management functions in brief, Explain about the top ...

Explain about the top management functions in brief. Top Management: This includes Board of Directors, Chief Executive, Managing Directors, Owners and Share holders as we

Differentiate between tall and flat organizations, QUESTION (a) (i)...

QUESTION (a) (i) What is information overload? Illustrate your answer through a practical example. (ii) How could each of the factors below contribute to information ove

Explain the hawthorne studies carried out by elton mayo, QUESTION There...

QUESTION There is no one specific method of categorizing organization theorists. However, it is generally accepted that- (a) The Type 1 theorists, also known as the classica

Is performance management beneficial to the organisation, Question 1: P...

Question 1: Performance management is beneficial to the organisation only. Explain? Question 2: Many organisations get a lot of resistance from employees when they try

Development of an environmental management system, Question: (a) Brief...

Question: (a) Briefly describe the five steps in the development of an environmental management system. (b) The environmental policy instruments have so far focused on t

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