Maintenance Management

One of the paradoxes of todays business world is that one of the hardly a(prenominal) things that we can rely on to remain constant is the unavoidableness for change. Yet today even that need for change is itself changing. As technology advances, and what used to be enormous distances argon shrunk to insignificance, as national borders diminish in importance, as we are force to battle in increasingly competitive global marketplaces, the pressures to separate out for constant improvement and change in what we do and the style that we do it are increasing in intensity. Australias mining houses are facing change magnitude price pressures due to increasingly modern competition from cheaper economies - Brazilian iron ore, Indonesian coal, Russian diamonds. The meretricious price continues to drop, with scarcely the perpetual optimists forecasting a turnaround. In the public sector, Government commercialisation and/or privatisation policies are set huge change pressures on those in the Water, Power and transportation sectors. On the other hand, this globalisation of business presents great opportunities for Australias big organisations in the not bad(p)-intensive industries who are up to the task. Today we see momentous offshore investments being made by organisations much(prenominal) as BHP Minerals, BHP Petroleum, Mount Isa Mines, CRA-RTZ and others.

The opportunities for growth are currently limited only by the availability of capital to fund that growth. Globally, research among the boards of study multinational organisations is showing that one of their greatest concerns is the availability of capital to fund their continuing growth. One of the attractions of the CRA-RTZ merger to both parties was the increased ability to attract capital funding that would result from such a merger. So what has this got to do with Maintenance? Quite simply, tax = Price x Volume Volume = Maximum Capacity x Overall Equipment Effectiveness More effective Maintenance whole works on both sides of the Return on Asset equation.... If you deprivation to get a full essay, order it on our website: Orderessay

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