Maintain
Maintenance, repair, and operations (MRO) or maintenance, repair, and overhaul involves fixing any sort of mechanical, plumbing or electrical device should it become out of order or broken (known as repair, unscheduled or casualty maintenance). It also includes performing routine actions which keep the device in working order (known as scheduled maintenance) or prevent trouble from arising (preventive maintenance). MRO may be defined as, "All actions which have the objective of retaining or restoring an item in or to a state in which it can perform its required function. The actions include the combination of all technical and corresponding administrative, managerial, and supervision actions."
MRO operations can be categorised by whether the product remains the property of the customer, i.e. a service is being offered, or whether the product is bought by the reprocessing organisation and sold to any customer wishing to make the purchase. (Guadette, 2002)
The former of these represents a closed loop supply chain and usually has the scope of maintenance, repair or overhaul of the product. The latter of the categorisations is an open loop supply chain and is typified by refurbishment and remanufacture. The main characteristic of the closed loop system is that the demand for a product is matched with the supply of a used product. Neglecting asset write-offs and exceptional activities the total population of the product between the customer and the service provider remains constant.
Read more about Maintain: Engineering, Maintenance Types, MRO Software, MRO Goods
Famous quotes containing the word maintain:
“For three years, out of key with his time,
He strove to resuscitatethe dead art
Of poetry; to maintain “the sublime”
In the old sense.”
—Ezra Pound (1885–1972)
“Those great efforts of intellect, upon which the mind sometimes touches, are such that it cannot maintain itself there. It only leaps to them, not as upon a throne, forever, but merely for an instant.”
—Blaise Pascal (1623–1662)
“No two people see the world exactly alike, and different temperaments will often apply the same principle, recognized by both, differently. Even one and the same person won’t always maintain the same views and judgments: earlier convictions must give way to later ones.”
—Johann Wolfgang Von Goethe (1749–1832)