- Title
- The benefits of asset management in improving manufacturing performance in an explosives manufacturing plant
- Creator
- Phindela, Bonga
- Subject
- Assets (Accounting) - Management, Asset-liability management, Industrial management
- Date
- 2017
- Type
- Masters (Thesis)
- Identifier
- http://hdl.handle.net/10210/269267
- Identifier
- uj:28605
- Description
- M.Phil. (Engineering Management), Abstract: Asset Management provides care for equipment in a factory, which will ensure that the equipment delivers the required volume, at the expected quality, in the safest way possible, and still reach the expected lifespan within cost. Any manufacturing facility, however big or small, has a goal to deliver the compelling business needs within a required timeframe, and still allow for effectiveness in the day to day running of the processes that contribute towards the overall growth of the business. Without full engagement of all people in a company’s spectrum, an asset management strategy can fail. It is therefore essential to ensure that satisfaction of the workforce is met to allow total productivity and ensure that any organisation can maximise on its compelling business needs’ outputs. People are the company’s best assets and just like machinery, without proper care, the performance of a manufacturing facility can be adversely affected. If asset management is applied as a strategy to improve the performance of production machinery, can it have a direct, positive impact on the availability of equipment, production output, overall safety, quality, cost efficiency, and employee morale? This paper aims to observe the impact that an asset management strategy can have on the performance of an explosives manufacturing organisation. It explores the ways in which South African manufacturing industries can implement asset management as a strategy for improving their performance, and undertakes observation of an organisation prior to asset management implementation, and then post asset management implementation. The observations are compared to confirm asset management as a significant element in the organisation’s results.
- Contributor
- Wessels, A., Dr.
- Language
- English
- Rights
- University of Johannesburg
- Full Text
- Hits: 865
- Visitors: 875
- Downloads: 108
Collections
ETDs
| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details Download | SOURCE1 | The benefits of asset management in improving manufacturing performance in an explosives manufacturing plant | 12 MB | Adobe Acrobat PDF | View Details Download |