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Operations Management Lecture Notes

Maintenance management is the process of scheduling, tracking, and managing a company's physical assets and equipment to optimize maintenance costs, improve asset lifecycles, and reduce unplanned equipment breakdowns. It ensures the continuous and efficient operation of machinery, equipment, and other assets through diligent implementation of maintenance programs, which are essential for business success. Production scheduling is the process of planning manufacturing activities like procuring materials and labor for a time period to optimize resource use and avoid excess or shortage of resources during production.

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Dahlia Ojales
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51 views

Operations Management Lecture Notes

Maintenance management is the process of scheduling, tracking, and managing a company's physical assets and equipment to optimize maintenance costs, improve asset lifecycles, and reduce unplanned equipment breakdowns. It ensures the continuous and efficient operation of machinery, equipment, and other assets through diligent implementation of maintenance programs, which are essential for business success. Production scheduling is the process of planning manufacturing activities like procuring materials and labor for a time period to optimize resource use and avoid excess or shortage of resources during production.

Uploaded by

Dahlia Ojales
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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What is Maintenance Management?

Maintenance management is the process of scheduling, tracking, and managing a


company's physical assets and equipment.
Maintenance is an important factor in quality assurance and in some cases
determines the long-term success of a company. Poorly maintained resources can
cause instability and partially or completely pause the production. Malfunctioning
machines or complete breakdowns can become a costly process for most companies.
The primary objectives of maintenance management are:

 Optimizing maintenance costs,


 Improving asset life cycles, and
 Reducing unplanned equipment breakdowns.

What is Maintenance?
Maintenance, otherwise known as technical maintenance, refers to a set of processes
and practices which aim to ensure the continuous and efficient operation of machinery,
equipment, and other types of assets typically used in business. Diligence in
implementing an effective maintenance program is essential to the successful
performance and longevity of machinery, assets, facilities, and entire businesses.

Scheduling
Scheduling is the process of arranging, controlling and optimizing work and workloads
in a production process or manufacturing process. Scheduling is used to allocate plant
and machinery resources, plan human resources, plan production processes and
purchase materials. Inventory control is also included.
Production scheduling is the process in manufacturing where all production activities
are planned or scheduled on a timescale or for a time period. Production scheduling
includes planning manufacturing activities like procuring input goods, investment, labor,
logistics etc for a specific time period in a sequential manner. It identifies that what
resources would be consumed at what stage of production. 

Importance of Production Scheduling


The production schedule prepares in-depth estimates of future cash flow also to identify
the requirement before taking up a project. Production scheduling tries to optimize the
use of the manpower so that there are no excess manpower or shortage of manpower
during the production process.

Production Scheduling Factors


Some of the key factors which determine the schedules of production are:
1. Total goods to be manufactured for sale or additional storage
2. The amount of labors at disposal.
3. Capital invested & expected timelines for sales.
4. Time from manufacture to packaging to distribution to sale.
5. Capacity & capability to machinery.

Production Scheduling Steps


A good product schedule can be created following these steps:
1. Production Planning
A good production schedule starts with proper planning. Without planning a schedule
cannot be created. A schedule needs activities, sub-processes, assumptions etc. to be
properly known before a timeline is created.
2. Smart Routing
Routing is required to show the entire journey of a product from its conversion from raw
material to final finished product. In the schedule, the transfer from one department and
another has to be known. Swim-lane diagrams can be used to show the transfer of
ownership.
3. Actual Scheduling
This is the most important step with all the timelines with activities. This should be made
as modular as possible. The production schedule should be customized based on
different parameters like the size of the batch to be produced, configuration, parts and
processes etc.
4. Execution & Development
This is the step where the production schedule actually becomes the real time process.
The production of goods is done through the schedule prepared. The first 3 steps act as
steps or instructions to start the execution smoothly.
5. Continuous Improvement and Rescheduling
Like any good process, feedback and variances should be closely monitored and used
to further improve the production scheduling process for the next cycle. The feedback
can be automated or can be manually handled. The ultimate goal is make the process
better every time.

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