978-0-8311-3172-2

Overview

Completely revised and updated, this new edition of a classic reference focuses on the financial approach to the subject—a methodology that produces quantifiable results allowing a TPM program to be sustainable. And while clarifying what TPM is and what it is not, it clearly presents the economic value of TPM and shows how to calculate the Return on Investment (ROI) that a company can expect. It is the perfect resource for anyone who is considering implementing TPM or looking for ways of improving their current process.

Features

• Various case studies that show how to explain the value of OEE to everyone in the organization, from the senior executive to the shop floor personnel. 
• OEE discussions showing how to “dollarize” results and present the financial terms to executive financial personnel. 
• A clarification of the goals and objectives of TPM, allowing TPM Champions to clearly present a TPM business case to their organizations. 
• Explanations of the pitfalls that may be encountered during TPM implementation and how to avoid or correct these problems.