INCREASING PROFITABILITY OF A MANUFACTURING COMPANY BY USING THE TOTAL PRODUCTIVE MAINTENANCE APPROACH: A REVIEW

Abstract

In the modern world, a company pays serious attention to productivity and efficiency. Several sectors in the manufacturing world are starting to carry out business transformation, particularly those leading to industry 4.0. This circumstance is driven by efforts to achieve higher productivity and efficient process, mainly after being economically hit by the Covid-19 pandemic. To maintain efficiency, a manufacturing company should maintain its machine and equipment. Total productive maintenance is a system based on the concept of preventive and predictive maintenance. It is designed to prevent losses resulting from many factors, e.g. work stoppages due to failures and adjustments, speed losses due to minor stops and speed reductions, and losses due to defects. The total productive maintenance also provides a tool to measure the level of effectiveness of a machine, i.e. overall equipment effectiveness. This review paper focuses on the application of total productive maintenance and overall equipment effectiveness in determining the effectiveness of equipment and eliminating the factors affecting the effectiveness of the equipment.