What is the need of Total productive maintenance (TPM) in a manufacturing company - PowerPoint PPT Presentation

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What is the need of Total productive maintenance (TPM) in a manufacturing company

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Title: What is the need of Total productive maintenance (TPM) in a manufacturing company


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Operations Managementinfo_at_answersheets.in91
95030-94040
2
  • Operations Management
  •  
  • 1. What is the need of Total productive
    maintenance (TPM) in a manufacturing company?
    Select any manufacturing company of your choice,
    and do a detailed study of its TPM process. 
  • 2. Michael Porter in 1985 in his book,
    "Competitive Advantage Creating and Sustaining
    Superior Performance" proposed three generic
    strategies of cost leadership, differentiation,
    and focus. Select any Indian company and explain
    how it has implemented the Porters generic
    strategies. 

3
  • 3. Activity-based costing (ABC) has helped many
    companies for decades gain a true understanding
    of their costs to produce and distribute products
    to customers. ABC provides a precise, accurate
    view of costs at very granular levelsnamely, at
    the individual product, service and customer
    level. Successes during the 1980s in applying ABC
    methods to manufacturing prompted an eventual
    expansion of this methodology to other key
    components of the supply chain (e.g.,
    distribution). Manufacturers such as Proctor
    Gamble and Warner-Lambert began using ABC models
    to determine their overall costs to serve
    individual customers (e.g., Walmart), and to
    evaluate the costs of offering different
    individual services to customers (e.g., services
    such as vendor-managed inventory and advanced
    shipment notices, or ASNs). (Source Miller, B.
    T. The ABCs of Activity-Based Costing for
    Logistics.)

4
  • a. What is ABC and how is it different
    from the traditional costing methods? 
  • b. Using suitable examples, explain the
    important factors for selecting the cost drivers
    in ABC.

5
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