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

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

Illustrate the definition of time study, Illustrate the definition of time ...

Illustrate the definition of time study? Definition of Time Study: Time study is described as a work measurement technique for recording the times as well as rate of wor

What are the types of entrepreneur on the type of business, What are the ty...

What are the types of Entrepreneur on the type of Business? Classification of Entrepreneur based on the type of Business: a. Industrial Entrepreneur: It is an entrepreneur

Canteen, whom do you thikk rajender will eat with ?why

whom do you thikk rajender will eat with ?why

ABC LIMITED, List some scientific decision aids that you may prescribe to i...

List some scientific decision aids that you may prescribe to improve the situation.

The four seasons corporation, What market segment will the company be targe...

What market segment will the company be targeting? Why?

55 % of communication is depending on non-verbal signals., According to the...

According to the study, 55% of communication is depending on non-verbal signals. This suggests that the body language is critical to good communication skills. This is possibly

How would you define such type of hazard, A large, 100+ seat inbound call c...

A large, 100+ seat inbound call centre has been getting feedback from the Australian Services Union that their members are dissatisfied with working conditions. The most recent ma

Operation of online analytical processing, Compare and contrast the goal, r...

Compare and contrast the goal, role, and operation of Online Transaction Processing (OLTP) and Online Analytical Processing (OLAP) tools in the context of Business Intelligence ini

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