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

Business and cultural environments, a) Illustrate that a range of methods a...

a) Illustrate that a range of methods and techniques have been applied in demonstration of Way the market forces shape organisational forces        b) Judge how the business and c

Describe organizational development and its process, Question 1 What is cu...

Question 1 What is culture? Explain its characteristics and list out the various types of culture Question 2 What is conflict in an organization? What are the sources and

Explain the different components of the business environment, QUESTION ...

QUESTION The banking sector in Mauritius has changed drastically during these past 10 years. New banks have come into the market and the business environment has become very co

Functional areas of business, There are several functional areas of busines...

There are several functional areas of business that a recent female student must identify. The goal is to understand if her long-term goal of becoming the principal of anspecial n

Describe stress management programs, Describe stress management programs: ...

Describe stress management programs: Q. The Director of Nursing at Smalltown General Hospital claims that several nurses are experiencing job burnout. Describe the three compo

Kaizen concept, Kaizen is the Japanese term for continuous improvement. Th...

Kaizen is the Japanese term for continuous improvement. The kaizen concept was pioneered by in Japan by Toyota as a daily challenge to all its employees to improve their process

Determine the average waiting time, Build a simulation model using the dist...

Build a simulation model using the distributions you get in part A to verify whether the claim by trucking associations that the average time it takes a truck to cross the border h

Illustrate societies gender-specific modes of communication, QUESTION 1 ...

QUESTION 1 (a) Explain what do you understand by non- verbal communication and how it carries different meanings in different cultures? (b) Discuss what is the role of comm

Free-market quantity of public goods, We said in class that public goods in...

We said in class that public goods involve externalities. Are the externalities associated with public goods generally positive or negative? Use an example in your answer. Is th

Performance management systems, QUESTION 1 As the Human Resources manag...

QUESTION 1 As the Human Resources manager of an organization of your choice, discuss how Maslow's theory of human motivation and the goal theory can be applied for managing peo

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