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

Evolution of management, what characteristic of scientific management can y...

what characteristic of scientific management can you identify of ups

Different stages of team development, QUESTION (a) What are the differe...

QUESTION (a) What are the different stages of team development and elaborate on each of them and explain the importance of each of these stages. (b) The ‘reflective thinking

Explain the different components of the business environment, QUESTION ...

QUESTION The banking sector in Mauritius has changed drastically during these past 10 years. New banks have come into the market and the business environment has become very co

Describe the rights and duties of the banker, QUESTION (a) In the banke...

QUESTION (a) In the banker-customer contractual relationship, each party has some rights and duties. Describe the rights and duties of both the banker and the customer, quoting

Mgmt2023, A company is considering whether to purchase a piece of land that...

A company is considering whether to purchase a piece of land that has come up for sale at a cost of $10 million. Two suggestions have been made for the use of the land. One is to

Research topic, please help me choosing a desertation topic

please help me choosing a desertation topic

Distinguish between leadership and management, Question 1: (a) Define "...

Question 1: (a) Define "Leadership". (b) B. Distinguish between leadership and management. (c) Describe Fiedler's Contingency Theory of Leadership. Discuss the Trait & Be

International Business, Based on the article Nearshoring in Latin America,...

Based on the article Nearshoring in Latin America, what are the short- and long-term implications of nearshoring given the current economic conditions?

BUSI-600, ETHICS OF RESEARCH is my research paper topic of 3000 words

ETHICS OF RESEARCH is my research paper topic of 3000 words

How is effective delegation affected in the organisation, How is the Effect...

How is the Effective Delegation affected in the organisation? Effective Delegation: Effective delegation is said to exist while an executive in place of doing all the thi

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