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

Explain the individual and group managerial decisions, Explain the individu...

Explain the individual and group managerial decisions. Individual and Group decisions: Individual decisions are considered by a single individual into context of routine

What are the functions of trade unions, What are the functions of Trade Uni...

What are the functions of Trade Unions? The functions of trade unions are as follow: a. The provision of friendly services as like a place for leisure pursuits, information

Competitive strategies for information system, Q. Competitive strategies fo...

Q. Competitive strategies for Information system? Business is capable to develop competitive strategies to counter the action of the competitive forces they confront the market

Explain the cognitive dissonance theory, QUESTION The media can have po...

QUESTION The media can have powerful effects while at times it can have mild effects on shaping opinions. a) Explain the different situations under which the above statement

Consumer behaviour when making a purchase, Describe briefly the main stages...

Describe briefly the main stages included in the (rational) process of consumer behaviour when making a purchase.   Problem/Need recognition The purchasing process is a pro

Disposal of rejected product, The product which is rejected in final ins...

The product which is rejected in final inspection represents a direct loss to the manufacturer. Therefore most companies have a system of review of the rejected product. This

Principle of management, For question10 on page 198 of your text. Perform a...

For question10 on page 198 of your text. Perform a SWOT analysis on NCC. Provide lists for NCC''s Strengths, Weaknesses, Opportunities, and Threats. Use pages 190-192 as a guide,

What are the factors affected to motivation, What are the factors affected ...

What are the factors affected to motivation? Factors affecting motivation are as follows: a. Achievement: Personal satisfaction within job completion and solving problem

Caselet communication failure, What should Mr. Sharma have done to avoid th...

What should Mr. Sharma have done to avoid the misunderstanding?

Business commuication, What six stages should you go through in preparing a...

What six stages should you go through in preparing an effective outline for a presentation?

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