Author: Mugundan Devanathan, CMRP
|Now we understand why Toyota cars have higher resale value compared to other cars that comes with cheaper initial purchase price. Let us not spend enormous money in fixing things in unplanned way in emergent situations. Some manufacturers make huge money by repairing equipment on urgent basis, supplying spares at inflated costs and charging higher man day rates. To enable them making this huge money throughout the lifecycle of the assets they make the initial price smaller, does not provide any reliability data, hide full spares information and provide no vital information for maintenance purposes. This results in un-reliable operations of plant and very less return on investments. Let us encourage good OEMs for our benefit.