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

Joint ventures may or may not be preferred to wholly owned, QUESTION ‘T...

QUESTION ‘The internalization theory posits that firms would have a strong incentive to avoid joint venture agreements since they are viewed as second best alternatives in allo

Assignement, Explain the different delivery styles that speakers can select...

Explain the different delivery styles that speakers can select for their presentation.

How are the internal pressures causes of organisational, How are the intern...

How are the internal pressures causes of organisational? Internal pressure: (a) Changes into the Managerial Personnel: It is one of the most frequent purposes for main

Write a letter of resignation, QUESTION If you were to write a letter...

QUESTION If you were to write a letter of resignation, which of the following introductory paragraphs would be the most suitable. A ) I have accepted another post. I am s

Discuss the characteristics of an effective team, QUESTION 1 Write shor...

QUESTION 1 Write short notes on the following- (a) Non-verbal communication (b) Information overload (c) Identify the four categories of cultural differences that need

Explain the product development, During the course of the module you were a...

During the course of the module you were asked to study the targeted market of three local brands. You have now been employed by an Apparel industry as Merchandiser, and you have b

Implementation of tqm, Implementation of TQM Implementation of TQM is ...

Implementation of TQM Implementation of TQM is not an easy task as it requires a total change in organizational culture shifting of responsibility to management and

Marketing, Ask question #). Has Toyota’s National Parks project been a suc...

Ask question #). Has Toyota’s National Parks project been a success? What indicators suggest that the project has had an impact100 words accepted#

Factors that help to prevent resistance to change, Question 1: (a) Disc...

Question 1: (a) Discuss three different levels of Management. (b) Differentiate between omnipotent and symbolic view of managers. (c) Explain the different functions of M

Production problem, Problem 1 (a) Explain what is done during the subse...

Problem 1 (a) Explain what is done during the subsequent audiovisual production phases: (i) Pre-production (ii) Production (iii) Post-Production (b) Mention one prod

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