TPM

The ultimate aim of an Early Product Management system is to ensure that all problems are detected and dealt with early in the product development process, totally eliminating the need for changes from the prototyping stage onwards.

The lower the sum of the cost of capital and the operating cost, the better. If the alternative proposal has a different output, the comparison is done using the cost per unit of output.

Identify sources of MP information Take stock of every potential source of MP information – old or new – and decide how useful it could be.For each information source, set up a system (e.g. MP data sheets) for gathering useful information in a usable format. Establish new information channels (primary…

Activities carried out at the stage of planning and designing new equipment, to promote reliability, maintainability, economy, operability, safety etc. and minimize maintenance costs and deterioration losses, by incorporating maintenance information and new technology.