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

Account setup - business processes, When a customer wants a prescription fi...

When a customer wants a prescription filled, a sales associate receives the member's card and prescription and logs the request in a prescription log which contains the member's nu

Describe each of the steps in the decision making process, QUESTION 1 M...

QUESTION 1 Motivating employees is a very important aspect of the manager's job. In this context, discuss the relevance of the Maslow's hierarchy of needs in motivating employe

Problem based on Deregulation in india, a) Some of the dangers/risks might ...

a) Some of the dangers/risks might include: Cultural differences -British and American businesses may not be aware of the norms and cultures in India. For example, the clot

Evaluate the results of the experiment, Q. Evaluate the results of the expe...

Q. Evaluate the results of the experiment? Ans. Thomas Lord carried out a practical experiment to investigate Ohm's law as part of his engineering science assignment. The

People leadership and management, Drawing upon examples from your experienc...

Drawing upon examples from your experience of team working in organisations or in classroom activities, identify two key theories, concepts or models that have helped you to

Allocation of country resources to the price mechanism, What are the benefi...

What are the benefits of leaving the allocation of country resources to the price mechanism? Ans) The main conditions needed are: 1. Either a finite number of agents or goods

Marketing, micro and macro environment assignment example

micro and macro environment assignment example

Costco Business Structure, What is Costco''s vertical and horizontal busine...

What is Costco''s vertical and horizontal business structure?

Describe what noise in terms of communication is, QUESTION (a) Explain ...

QUESTION (a) Explain what you understand by the terms denotative and connotative. Give examples of each to support your answer. (b) Describe what noise in terms of communica

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