Abstract: In todays industrial scenario huge losses/wastage occur in the manufacturing shop floor. This waste is due to operators, maintenance personal, process, tooling problems and non-availability of components in time etc. Other forms of waste includes idle machines, idle manpower, break down machine, rejected parts, etc. are all examples of waste. The present study gives a detailed project report on the maximum wastage in a real organization and suggested the best suitable lean maintenance techniques to optimize these wastes and thus results for the better improvement of the OEE. The study presents in a strategic way of study regarding the application of these concepts in a real organization which builds its business success on the phenomenon called knowledge.
P. Srinivasa Rao and Malay Niraj, 2016. A Strategic Application of the Lean Management Techniques Through Lean Indexes Based on Point Rating System. Research Journal of Applied Sciences, 11: 1642-1647.