Application of the risk management tool to reduce the failures of spare parts in manufacturing systems
by P. Karuppuswamy, G. Sundararaj, D. Elangovan
International Journal of Management Practice (IJMP), Vol. 2, No. 1, 2006

Abstract: Higher productivity and cost economy in manufacturing are achieved by operating the production machines efficiently with the least downtime. Failure of machine parts is a critical reason for machine downtime and restoration requires spare parts and consumables. Costs of spare parts and downtime reduce the profit margin of the organisation and hence, require management's attention. A case study on the failures of a cutting blade in a tube drawing machine, a special purpose machine intended to draw solder-coated brass coils into radiator tubes, is examined. A Reactive Failure Reduction Model (RFRM) is developed in which one of the Risk Management Techniques (RMTs) is used to analyse the causes of machine parts failure. Based on the analysis, suitable corrective measures are taken to reduce the blade failures. In this research paper, an analysis of the blade failure, the development of the failure reduction model and the results of implementation of the model are presented.

Online publication date: Wed, 22-Mar-2006

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Management Practice (IJMP):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com