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

HRM, Ways to measure the success of a selection

Ways to measure the success of a selection

Mergers and acquistions, • Discuss how the successful mergers (the 2 merger...

• Discuss how the successful mergers (the 2 mergers you identified earlier) affects the following areas of HR; • HR planning • Selection • Compensation • Performance Appraisal • Tr

Project management skills, You should present a reflective review of the pr...

You should present a reflective review of the project as a whole. You should make specific comments about how the project was managed? What was done well? What could be improved? W

Implications of risks in conducting international trade, Question 1: (a...

Question 1: (a) Discuss the importance and implications of "Risks" in conducting International Trade. (b) What are 2 of the most prominent organisations involved in world tr

#title.public procurement, what are the main objectives of the procurementA...

what are the main objectives of the procurementAct 2006

Explain how effective brand management can assist ib4e''s, Over the past fe...

Over the past few years, the company iB4e has underperformed compared with its competitors which enjoy stronger brand recognition. In addition, lots of experienced staff responsibl

Explain about the preparation and analysis of balance sheet, Explain about ...

Explain about the preparation and analysis of balance sheet. Preparation and Analysis of Balance Sheet: Balance Sheet is one of the significant financial statements of a

Discuss the four criteria of the evaluation framework, QUESTION 1 ‘‘It ...

QUESTION 1 ‘‘It was argued that the World Trade Organisation (WTO) and GATT Uruguay Round Agreements have functioned principally to pry open markets for the benefit of transnat

Create a production schedule, 1. Create a Production Schedule for January t...

1. Create a Production Schedule for January to May and identify any issues that may affect achievement of the Schedule. Use the information outlined in the Scenario below in conjun

What is an art of classifying, What is an art of classifying? Art of ...

What is an art of classifying? Art of classifying: Classifying is a procedure of grouping transactions or entries of one nature within one place. This is completed by ope

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