Impact of Maintenance on Profitability: A Case Study of Power Loom Textile

Abstract

This Paper examines the role of maintenance in power loom textile of Solapur, Maharashtra, India and its impact on profitability. The case study approach is adopted to find out the agreement and importance of maintenance practices and gap analysis of these two through interview techniques. If a cost effective maintenance is selected then it leads to increase in overall equipment effectiveness and improved cost effectiveness in terms of time, money and utilization of resources. The profitability is directly proportional to cost effective maintenance. If maintenance practices are good then the Company can earn more profit. In power loom textiles the maintenance is very frequent because of old machines.  Management often looks at maintenance as a necessary evil, not as a mean to reduce costs. Maintenance should be viewed as a value-adding activity. From theoretical point of view this study therefore demonstrates that maintenance should be treated as a profit generating function.