What is TPM

To an organization to be successful in the current competitive world and with highly competitive industrial norms, it should be able to sustain in the market with a continual growth and meanwhile increase their profits to run the business smoothly and to develop itself. Nowadays with the high inflation, all the general public try to reduce their expenses hence this make all businesses to control the market prices of their products or services in spite of the thriving prices of resources, raw materials and over heads. 

With many competitors in the market for the same product or service, it is almost impossible to make profits with just increasing the sales prices. To increase profits of a business, the company shall improve their sales pitches, increase or maintain the good quality of the product or service, reduce operational costs, improve delivery methods and options, and take more actions to make profits meanwhile being sustained in the business. 

TPM is now a blooming concept in the industrial world with various concepts come in to one system to improve the productivity, efficiencies and other profitable factors of an organization. 

(Nakajima, 1988) the father of TPM considered this as “profitable TPM” as reducing the cost of maintenance delivers automated increment in profits. (Yamashina, 2000) Concluded that TPM could be a principal source of profitability of a manufacturing organization. 

TPM technically abbreviated as “Total Productive Maintenance” or “Total Productivity Management”. But with the work carried out in the TPM concept finally give an organization a considerable increase in their profits as this will reduce all types of operational costs and operational losses by a considerable fraction including, sales, marketing, repair and maintenance, downtimes, defects and rework, consumables, motions, logistics, etc. 

There are 3 major resultants which could be gained upon successful implementation of TPM, which are “Zero Breakdowns”, “Zero Defects” and “Zero Accidents”. 

This is a start to my next article "TPM stands for Total Product Management".
Please stay tuned.