Maintenance Management: A Comprehensive Overview and Analysis

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Added on  2023/01/11

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This report provides a detailed analysis of maintenance management, emphasizing its significance for business success. It begins with an executive summary and delves into the objectives of maintenance management, such as budgeting, scheduling work, optimizing work, and improving safety. The report explores various practices, including leadership, organizational structure, inventory control, computerized maintenance management systems, planning, workflow, and financial control. It uses McDonald's as a case study to illustrate how these practices can be implemented. The conclusion highlights the importance of developing effective maintenance management strategies to enhance overall business performance and profitability. The report also references several sources for further reading.
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Maintenance
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Abstract
This research give overview on topic maintenance management which help companies in
achieving their goals effectively. This research consists executive summary of topic maintenance
management, along with this research also contain main body in which there is objectives of
practices of maintenance management. Importance of maintenance management in today’s
environment and its practices. This research provides a proper view of topic maintenance
management.
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Executive Summary
Maintenance management refers to the management of organization’s resources and assets. The
main motive of organization is to maintain and allocate their resources in proper way and used
available resources effectually. Maintenance management is important aspect for companies to
run their business in successful manner. Basically, maintenance management help in keeping
track of organization’s resources & assets. It is important factor for company because this help in
determining long term success of the business organization. Maintenance management also help
in reducing the cost per unit by allocating resources and assets in effective way.
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Contents
Report Body...............................................................................................................................................5
Maintenance Management.......................................................................................................................5
Objectives of Maintenance Management.................................................................................................5
Practices of Maintenance Management in Today’s Environment............................................................6
CONCLUSION..........................................................................................................................................7
REFRENCSES...........................................................................................................................................8
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Report Body
Maintenance Management
Maintenance management refers to the management of business firm’s resources & assets in
proper manner. The aim of a company is to allocate or manage their resources in such a way
through which they can reduce their cost and maintain their resources without any wastage.
Companies accept maintenance management with purpose to make sure that their production is
done in successful manner by using minimum amount of assets and resources. With maintenance
management companies focus on reaching organizational goals. This is essential aspect of
company’s production function. This component helps companies in maintaining their resources
by managing cost & time of production to make sure that production process maximize
efficiency. This is an effective tool which help in maintaining production resources and give
satisfactory result. Maintenance management is also known as Computerized Maintenance
Management System. This tool also provides protection and safety for staff members and also
protection for the environment through maintaining resources in effectual way.
Objectives of Maintenance Management
The objectives of maintenance management program are to examine the production and identify
the best practices within the particular field. Main objectives of maintenance management are
discussed below –
Budgeting - The maintenance management manager always works with limited budget in
sequence to maintain the process of production. If company have limited budget then they have
transparency and potential to effective use available budget and provide satisfied quality of
production.
Scheduling work scheduling is essential objective which comes under maintenance
management. Scheduling workforce and staff members and maintain tools or equipment to
balance the manufacturing process of the business entity. Scheduling help in managing
company’s management in proper way like managing employees and resources together to get
success without wasting resources.
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Optimizing Work - If company maintain their resources in best way then they are able to
optimize their tools, staff members and equipment. Well maintain resources Optimizes
workforce and productivity of business organization. This help in maintaining entire company
along with production procedure.
Improving safety This is also objective of maintenance management; safety level of
employees and resources is increase when company is able to manage their resources and assets
in effective manner. Maintenance management help in improving safety by managing location,
analyzing small risks like cleaning of office and manage time and cost of production.
Practices of Maintenance Management in Today’s Environment
There are some best practices of management in today’s environment. Maintenance management
practices include majorly some areas which discussed below –
Leadership – First maintenance management practices is effective leadership. Leadership play
an important role in maintaining organizations resources and assets. Leader set clear vision and
mission for company and to achieve those vision they form practices and strategies to guide or
direct employees towards that goal. Leadership totally support the maintenance management by
managing employees and resources in proper way. It is also part of leadership to maintain or set
substructure to improve the process of company effectively & efficiently. Leadership help in
identifying issues related to production and resources and prevent from risk and maintain those
resources properly.
Organization Structure – Maintenance of resources and assets available at organization is
depend on the structure of organization. Maintenance of organization structure include proper
flow of communication, rules and regulations, work process and employee management system,
function of organization. It is stated that if working on one level is ineffective than it
automatically affects another level. So, it is in the hand of organization to maintain their structure
of company in proper and effectual manner. company can maintain their resources by forming
effective strategies and policies with this they also manage their resources and assets.
Inventory Control – The motive of this practices area is to purify the stores & accession process
to appropriately streamline parts. Inventory control help in allocating right part at right plate in
right time. This include studying of flow of existing parts & improve the process in sequence to
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reduce waste of resources. By managing inventory in proper manner companies are able to
accomplish their effectively.
Computerize Maintenance Management System - Effective maintenance practices are based
on information system. Maintenance management system also include computerized
maintenance management program this system easily maintains the resources and assets of
organizations. This program includes management of data, control working order, control of
inventory, controlling documentation and security system etc.
Planning – Planning is also coming under maintenance management practices; it is process of
arranging maintenance work. This include preparation of job plan and plan for other resources
and employees this also include what to do, how to do, when to do and this bridges the gap
between where is company now and where they want to reach. Planning is first priority of every
company this help in maintaining resources in effective manner. The majority of maintenance of
work is planned under planning and planning always help in increasing productivity.
Maintenance personnel depends a great deal on properly planned tasks.
Work Flow – It is important for company to maintain their work flow in proper manner,
company can maintain their work flow by identify their work and prioritize work according to
time and employees. This allows the companies to control and monito the activities and tasks.
Financial Control – This practice deals with the fiscal control process of the organization
maintenance. Financial control involves control of budget, monitoring the cost of production or
function also control overall labor and material cost of the business organization.
For Example – McDonald’s is a fast food corporation founded in California, United State by
Richard and Maurice after some time they convert the company into a franchise. McDonald’s is
the world’s largest chain restaurant. They serve their service more than 100 countries. Mainly
McDonald is famous for their hamburgers, French fries and cheeseburgers and many other
chicken food items. To maintain their service company effectively adopt the tool of maintenance
management. McDonald serve their services to many people on a day to day basis. They
maintain their production services by upkeeping computerize maintenance management software
program which help in improve their speed and also maintain resources with this they are able to
reduce their cost and time. With the use of this tool they also maintain quality of their food items,
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all the functions like planning, organizing, inventory control and various other functions. This
tool also helps in maintaining records and data. Computerize maintenance management system is
really effective tool which help in maintaining resources and assets of McDonald in such way
which increase the production and profitability.
CONCLUSION
From the above mention report or on the basis of study it has been concluded that Maintenance
management is important aspect for companies to run their business in successful manner.
Basically, maintenance management help in keeping track of organization’s resources & assets.
It is important factor for company because this help in determining long term success of the
business organization. Every company need to develop effective maintenance management in
relation to achieve goal of the business organization. There are various practices through which
companies can effectively manage their business in today’s working environment. Maintenance
management provide better understanding to company that what aspect of company they need to
maintain and help in enhancing the overall performance of business entity. Computerize
maintenance management system is also very effective tool which is used by various companies
in sequence to manage company’s resources and data. Maintenance management is really
effective and successful tool which help the companies in maintenance and with this they are
able to increase their production by reducing waste.
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REFRENCSES
Au-Yong, C.P., Ali, A.S. and Ahmad, F., 2016. Enhancing building maintenance cost
performance with proper management of spare parts. Journal of Quality in Maintenance
Engineering.
Mehairajan, R.P.Y., van Hattem, M., Djairam, D. and Smit, J.J., 2015. Risk-based approach to
maintenance management applied on power transformers. In 9th WCEAM research papers (pp.
415-434). Springer, Cham.
de Almeida-Filho, A.T., Monte, M.B. and Morais, D.C., 2017. A voting approach applied to
preventive maintenance management of a water supply system. Group Decision and
Negotiation, 26(3), pp.523-546.
Trojan, F. and Morais, D.C., 2015. Maintenance management decision model for reduction of
losses in water distribution networks. Water Resources Management, 29(10), pp.3459-3479.
Koksal, A. and Ozdemir, A., 2016. Improved transformer maintenance plan for reliability
centred asset management of power transmission system. IET Generation, Transmission &
Distribution, 10(8), pp.1976-1983.
Jiménez, A.A., Muñoz, C.Q.G. and Márquez, F.P.G., 2017, July. Machine learning and neural
network for maintenance management. In International Conference on Management Science and
Engineering Management (pp. 1377-1388). Springer, Cham.
Sinha, P., 2015. Towards higher maintenance effectiveness. International Journal of Quality &
Reliability Management.
Okosun, B. and Olagunju, R.E., 2017. Assessment of factors contributing to maintenance
problems in higher institutions in Niger State, Nigeria. Journal of Building Performance, 8(1).
Hai, D.T., Yamada, H. and Katsuchi, H., 2015. Current maintenance management practice for
highway bridges in Vietnam. In Advances in Bridge Maintenance, Safety Management, and Life-
Cycle Performance, Set of Book & CD-ROM (pp. 149-152). CRC Press.
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