The role of maintenance in improving company's competitiveness and profitability

Maletič, Matjaž; Al‐Najjar, Basim; Gomišček, Boštjan

doi:10.1108/jmtm-04-2013-0033

Cited by 62 publications

(39 citation statements)

References 39 publications

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“…From the result of the analysis of the study, it was revealed that reactive maintenance strategy has direct and indirect cost implications on manufacturing operations. Also aligning with the findings of this study is that of Maletic, Maletic, Al-Najjar and Gomiscek (2014) who carried out a study to examine the role of maintenance in improving company's competitiveness and profitability. Their results suggested that from respondents' points of view, maintenance practices related to condition based maintenance (CBM) approach represent the highest opportunity for improvement.…”

Section: Discussion Of Findingssupporting

confidence: 81%

Maintenance Culture and Performance of Selected Rice Mills in Ebonyi State

Onyeizugbe

Orogbu

Enaini

et al. 2018

GJBMS

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The seeming frequent breakdown of machineries as a result of poor maintenance culture in the studied rice mills necessitated this study. The objective was to identify the extent of relationship that exists between maintenance culture and performance of selected Rice Mills in Ebonyi State. Correlation Survey Research Design was adopted for the study. The population of the study was 1024 and sample size was 279 arrived at using Krejcie and Morgan formula. Correlation analysis was adopted in analysing the data. The findings of the study revealed that a statistically significant relationship exists between corrective maintenance and machine availability with a correlation coefficient of .984. The study concluded that maintenance culture has a vital role to play in the performance of manufacturing outfits like the studied organizations. Sequel to this, it was recommended among other things that maintenance of equipment in the studied firms should not be done when there is total shutdown as this will amount to stoppage of work and that allowing machine to breakdown first could amount to huge capital outlay for repair and therefore should be avoided by the studied firms.

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Section: Discussion Of Findingssupporting

confidence: 81%

Maintenance Culture and Performance of Selected Rice Mills in Ebonyi State

Onyeizugbe

Orogbu

Enaini

et al. 2018

GJBMS

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“…Finally, since profitability has been connected to competitive environments (Maletic, Maletic, Al-Najjar & Gomiscek, 2014), inclusively for small (Bagur-Femenías et al, 2015) and complex businesses (Yusuf, Gunasekaran, Musa, Dauda, El-Berishy & Cang, 2014), hence applicable for the difference sizes of the firms within brewing industry.…”

Section: Results Analysismentioning

confidence: 99%

Relationship between competitiveness and operational and financial performance of firms: An exploratory study on the European brewing industry

Zanotti

Reyes

Fernández

2018

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Purpose: The purpose of this paper is to provide the underlying constructs that connect the operational and financial performance of firms with the competitive environment surrounding the brewing industry in Europe. Design/methodology:The selected method of study is exploratory and confirmatory factor analysis, and subsequently applying structural equations modelling. We have sampled 214 brewing companies distributed in over 12 European economies. Findings:The study provides a comparison between different antecent studies, including contextual contrast in both an industry and a methodologic perspective. The study shoes that the competitive construct of the industry is significantly related with the financial performance of firms, however not necesarilly to the operational results. Additionally, the operational structure of the firm does not necesarilly provide significant relationship to the firms' financial results. Research limitations/implications:The research is segmented within the European brewing industry, hence we find potentian geographic delimiations in terms of the conclusions of this paper.Originality/value: Significant relationships between competitive variables and financial performance in the brewing industry remains evasive in research thus far. Additionally, sustained in the potential the brewing industry represents within Europe, it is significant to identify these relationships for readers on both an academic and industrial background.

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“…This means that ineffective asset and maintenance management could be attributable to issues such as lost profit due to missing production during planned and unplanned stoppages, loss of customers, reputation and consequently loss of market share because of maintenance-related factors resulting in delivery delay and poor quality (Al-Najjar, 2007;Maletič, Maletič, Al-Najjar, & Gomišček, 2014). To improve performance and gain competitive advantage, the PAM process should therefore include activities covering entire life cycle of an asset (Maletič, 2015).…”

Section: Physical Asset Managementmentioning

confidence: 99%

Contingency Factors Influencing Implementation of Physical Asset Management Practices

et al. 2017

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Purpose:The purpose of this empirical study is to examine the role of two contingency factors, i.e. uncertainty and competitiveness in relation to physical asset management (PAM) practices as well as to maintenance key performance indicators. The research is based on a premise that PAM, which was defined by risk management practices, performance assessment practices, life cycle management practices, and policy & strategy practices, has become an indispensable element of strategic thinking of asset owners as well as maintenance and asset managers. The purpose of this study is to advance the understanding of how organizations that face high or low level of uncertainty and competitiveness respond in terms of PAM deployment. Methodology/Approach: This study employed a data set based on a large-scale survey among organizations in six European countries (i.e. Slovenia, Poland, Greece, Sweden, Turkey and Slovakia). Data were collected from 138 organizations located in the above-mentioned countries to conduct the study. Findings:The results show that organizations that are faced with high level of uncertainty and competitiveness are more engaged in the deployment of PAM practices. Moreover, results show that when organizations are facing high levels of competitiveness they are using KPIs to a greater extent than organizations under low levels of competitiveness. Originality/value: From a theoretical perspective, this study contributes to the contingency theory by providing empirical evidence whether a context-dependent approach to PAM is needed. The findings also provide insights for managers on how to respond to the competitive pressure as well as how to customize PAM practices in order to adapt to the changes in dynamic organizational environment.

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The role of maintenance in improving company's competitiveness and profitability

Cited by 62 publications

References 39 publications

Maintenance Culture and Performance of Selected Rice Mills in Ebonyi State

Maintenance Culture and Performance of Selected Rice Mills in Ebonyi State

Relationship between competitiveness and operational and financial performance of firms: An exploratory study on the European brewing industry

Contingency Factors Influencing Implementation of Physical Asset Management Practices

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