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A computerized model for assessing the return on investment in maintenance: following up maintenance contribution in company profit
Växjö University, Faculty of Mathematics/Science/Technology, School of Technology and Design. (systemekonomi)ORCID iD: 0000-0001-8205-8289
2009 (English)In: Engineering asset lifecycle management: Proceedings of the World congress on engineering asset management (WCEM 2009), 28-30 september 2009 / [ed] Dimitris Kiritsis, Christos Emmanouilidis, Andy Koronios, and Joseph Mathew, Springer, 2009Conference paper, Published paper (Refereed)
Abstract [en]

In order to reduce as much as possible the economic losses that are generated due to lack or inefficient maintenance, it is necessary to map, analyse and judge maintenance performance and act on deviations before it is too late. It is always necessary for a company to act for increasing profit and consequently enhance its competitiveness. In this paper, a software model (MainSave) has been developed for mapping, monitoring, analysis, following up and assessing the cost-effectiveness of maintenance (and maintenance investments). MainSave can be used for assessing savings and profit/losses due to maintenance performance, identify problem areas and primarily plan for new beneficial investments in maintenance. The module has been tested at Fiat/CRF in Italy. The major conclusion is; applying MainSave it would be possible to identify, assess and follow up maintenance contribution in company business.

Place, publisher, year, edition, pages
Springer, 2009.
Keywords [en]
Maintenance Savings, Maintenance Profit, Maintenance Risk Capital Investment, Return on Investment in Maintenance
National Category
Production Engineering, Human Work Science and Ergonomics
Research subject
Technology (byts ev till Engineering), Terotechnology
Identifiers
URN: urn:nbn:se:vxu:diva-6531ISBN: 978-1-84996-002-1 (print)OAI: oai:DiVA.org:vxu-6531DiVA, id: diva2:286530
Conference
World Congress on Engineering Asset Management (WCEAM), 28-30 sep. 2009
Projects
Dynamic Decisions in Maintenance (EU-IP DYNAMITE)Available from: 2010-01-14 Created: 2010-01-07 Last updated: 2019-02-26Bibliographically approved

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Al-Najjar, Basim

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf