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

How do you and your organization define system, Problem 1. How do you a...

Problem 1. How do you and your organization define system? Mention the systems that require engineering. Defining system Mentioning the systems that require engineerin

Explain about the participation in management of workers, Explain about the...

Explain about the participation in management of workers. Workers’ Participation in Management: Worker’s participation into management can be in any of shape, through est

Explain the cognitive dissonance theory, QUESTION The media can have po...

QUESTION The media can have powerful effects while at times it can have mild effects on shaping opinions. a) Explain the different situations under which the above statement

Explain effective decision making, Question 1: (a) List three types of ...

Question 1: (a) List three types of supervision styles. (b) Describe each of them, stressing upon their importance to you as supervisors. (c) Write short notes on two maj

Organizational diagnosis - organizational structure, Organizational diagnos...

Organizational diagnosis helps to determine the goals as per the performance level in terms of current and past performance. It measures the organizations development to achieve th

Describe the meaning of hyper-competitive strategies, Hyper-competitive str...

Hyper-competitive strategies admit the bases of competitive benefit may not be sustainable and that disruption of the status quo may be significant.

How is market mix illustrated by p variables of marketing, How is the marke...

How is the market mix illustrated by the P variables of marketing? The given figure demonstrates the market mix, additionally sub divided as: The marketing mix is the centra

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

Ethics, Ask question #Minimum 100 words accePhase 1: (5%)pted#

Ask question #Minimum 100 words accePhase 1: (5%)pted#

Workforce diversity, For this discussion please locate (and read) the Pinto...

For this discussion please locate (and read) the Pinto and Pinto (2011) article titled "Leveraging the Power of Differences: Workforce Diversity" (see full reference below) Then p

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