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

Micro developments in business, Micro credits have recently been promoted i...

Micro credits have recently been promoted in Europe to deal with the problem of unemployment and encourage economic growth. This has been done by providing an opportunity for both

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

Concept of rational decision-making process, Question: According to Rob...

Question: According to Robbins (2010), decision-making is the essence of the manager's work. Managers are involved in both short term and long term decision-making. Good decisi

Line and staff conflict, what are the dynamics and consequences of line and...

what are the dynamics and consequences of line and staff conflict

Concept of maintenance management, Plant  maintenance consists of all activ...

Plant  maintenance consists of all activities  needed to keep the plant machinery  tools and  equipment services including building and fittings in standards working condition. In

Factors of organisational efficiency affected in morale, How are the factor...

How are the factors of organisational efficiency affected in Morale? Organisational efficiency: a. The way the organization is establish, the method the orders are specif

Explain updating and improving current product line, Explain about the cont...

Explain about the continually updating and improving the current product line. Creating a Constant Flow of New Products or Continually Updating & Improving the Current Product

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