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Increased efficiency and productivity are the main goals of TPM that are focused in this study.
Jindal Steelworks is a global company - a fast growing steelworks and fabrication company, with more than 7,000 employees. The company has recently been hit hard by the global recession and is presently facing hardships in maintaining its profits. The company management has decided to implement various management techniques with the help of available technological and HR management systems in the industry. A number of production and operational management techniques were utilized to increase the value of the system routing through a well defined systematic approach that assisted the company to identify better profits. With the purpose of sustaining the future growth options, from a finer product based business approach towards higher operational excellence of the company, the management has decided to evaluate modern techniques, TPM, being one of them.
By putting in the new management applications in the form of techniques like TPM, TQM, supply chain and inter-enterprise systems, Jindal Steelworks has been able to push through higher goals, better operational excellence, higher cost savings and competitive advantage, (Roberts, 1997).
With the effects of recession on the company profit margins, and changing industry scenario, the company management has been searching for low cost operational and production techniques, along with higher effciency results and customer orieted reuslts. TPM has gained a lot of attention within the steel industry and has been successfully able to eliminate common problems to steel plants like machinery breakdowns, onsite accidents, procedural defects and lack of standards and work safety. Introduction of TPM at the work floor of Jindal steel works has helped to improve work conditions, reduced accidents rates and breakdowns by a considerable margin.
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(Total Productive Maintenance (TPM) Essay Example | Topics and Well Written Essays - 2000 Words)
“Total Productive Maintenance (TPM) Essay Example | Topics and Well Written Essays - 2000 Words”, n.d. https://studentshare.org/miscellaneous/1572503-total-productive-maintenance-tpm.
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