Manufacturing Performance Enhancement Through Various Maintenance Practices in Indian SMEs: A Literature Review
DOI:
https://doi.org/10.51983/ajeat-2018.7.2.966Keywords:
Maintenance practices, SMEs and Manufacturing PerformanceAbstract
Globalization and liberalization of the world economy has leveled the field for all competitors around the globe. In this high competition environment all the industries try to lower the manufacturing cost of product and to increase their profit without compromising quality of product. Industries are in the race to search the ways to reduce the manufacturing cost of product. All over the world industries implement many techniques to sustain in this competitive world. In this environment Maintenance practices’ become the essential and basic need of industries. The main objective of maintenance practices is to keep machines running all the time and increasing the availability of resources. Like this maintenance practices have become one of the most important functions in an organization. In India large industries implemented maintenance practices successfully and receiving their benefits. But a very little information is available regarding the success role of maintenance practices in small and medium enterprises. To face global competition successfully, SMEs have to successfully implement the maintenances practices. The purpose of this paper is to review the current scenario of various maintenance practices being implemented in SMEs. The paper will have great value for managers of SMEs in understanding the benefits accrued by implementing these maintenance practices. The paper will also cover the direct and indirect benefits of maintenance practices in Indian SMEs.
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