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

The process of communication, QUESTION 1 "Communication in an organiza...

QUESTION 1 "Communication in an organization is about sharing of feelings, thoughts, ideas and emotions." Discuss this statement in light of (a) The process of communicatio

Accounting system to classify business transactions, Q. Accounting system t...

Q. Accounting system to classify business transactions? Question Jerry accepts a formal, written promise from an employee of his hotel to pay a certain sum. The employee

Memo format addressed to the vp marketing, As a Sales Manager, prepare a on...

As a Sales Manager, prepare a one page report in memo format addressed to the VP Marketing, providing sales updates for a newly launched FMCG product

Quantitative analysis for managerial decision making, what is the role and ...

what is the role and significance of quantitative techniques in modern management?

Difficulties associated with intercultural communication, QUESTION a) Y...

QUESTION a) You have been appointed as Operation Manager for a company based in a foreign country .In this context, Explain the difficulties that you might encounter while comm

OPERATING CYCLE, DISCUSS THE APPLICABILITY OF OPERATING CYCLE IN VEGETABLE ...

DISCUSS THE APPLICABILITY OF OPERATING CYCLE IN VEGETABLE GROWING BUSINESS

Explain the term ethical dilemma and how to deal with it, QUESTION 1 (a...

QUESTION 1 (a) Define the term management by objectives (MBO) and outline its unique features (b) Enumerate and explain the two main organizational structures? QUESTION

Market segmentation, analyize the consumer segmentation in blackberry mobil...

analyize the consumer segmentation in blackberry mobile

Institutional requirements for successful privatization, Question 1: Su...

Question 1: Successful privatization rests on government's ability to organize the process of change. Show the institutional requirements for successful privatization and the r

Explain the term environmental sustainability, Question 1: (a) Define a...

Question 1: (a) Define and explain the term ‘environmental sustainability'. (b) Explain on guiding principles underlying the different strategies and action plans in environ

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