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TPM EFFECTIVENESS: AN OPERATIONAL STUDY
Making optimum use of the available resources and opportunities as well as acquiring a competitive edge has become the guiding mantra of the globalized business operations. This scenario has necessitated bench marking of operations with global best practices. It can be achieved by adapting a time-te...
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Published in: | Prestige international journal of management and research 2010-07, Vol.3/4 (2/1), p.35 |
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Main Authors: | , |
Format: | Article |
Language: | English |
Subjects: | |
Online Access: | Get full text |
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Summary: | Making optimum use of the available resources and opportunities as well as acquiring a competitive edge has become the guiding mantra of the globalized business operations. This scenario has necessitated bench marking of operations with global best practices. It can be achieved by adapting a time-tested philosophy, called Total Productive Maintenance (TPM). TPM is a philosophy, which brings results when practiced. It achieves the optimum use of resources and obtains best results. It is more than just a 'tool'. It is a holistic productivity improvement system that drives the entire factory and work force. A dynamic, profit oriented approach for plant and equipment management, Total Productive Maintenance (TPM) combines the principles of preventive and predictive maintenance with management strategies, that increase profitability and return on assets through employees participation. TPM, is a quality focused approach for asset management. In the present study, effectiveness of TPM implementation was analyzed with the case of PepsiCo India Holding Private Ltd. (Frito-Lay Division), Channo Plant. Productivity enhancement, Quality improvement, Cost control, Delivery in time, Safety and morale in operational system were considered as parameters for analyzing effectiveness of TPM implementation. Hypotheses was formulated by considering these parameters of TPM effectiveness. Benchmark values of these parameters provided basis for analysis. Findings of the study highlights on the opportunities to improve effectiveness of TPM implementation by drawing due consideration towards critical dimensions of effectiveness parameters. [PUBLICATION ABSTRACT] |
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ISSN: | 0974-6080 |