Improving Overall Equipment Effectiveness through TPM: A Case Study
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To compete effectively in the global marketplace of the twenty-first century, manufacturing companies are trying to maintain a high level of flexibility and responsiveness to achieve agility and to remain competitive. Manufacturers are under tremendous pressure to improve productivity and quality while reducing costs. The new competition is in terms of reduced cost, improved quality products with higher performance, a wider range of products and better services all delivered simultaneously to enhance value to customers. In such environment providing good quality product at low cost for a mediu...
To compete effectively in the global marketplace of the twenty-first century, manufacturing companies are trying to maintain a high level of flexibility and responsiveness to achieve agility and to remain competitive. Manufacturers are under tremendous pressure to improve productivity and quality while reducing costs. The new competition is in terms of reduced cost, improved quality products with higher performance, a wider range of products and better services all delivered simultaneously to enhance value to customers. In such environment providing good quality product at low cost for a medium scale industry has become very tough. To provide good quality product at low cost, small industries need a formulation of some manufacturing approaches like agile manufacturing to manufacture defect free products within their materials cost limit.
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