“If it ain’t broke, don’t fix it.” If this proverb were applied in today’s operations, every organization would be in a reactive mode of maintenance and work against the lean manufacturing concepts.
Any breakdown or downtime on the manufacturing floor, in the warehouse, in transportation, or any other business process will create missed customer commitments, failed deliveries, idle time, and
it financial processes accounts receivable
resources, material, training etc. It is similar to the way individuals try to manage their personal assets (property, car, financial investments etc.) with optimized results. Organizations with asset-intense operations need to manage their equipment in the same manner in order to get the best results and a greater return on investment (ROI).