Evaluating the Strategic Value of Maintenance in Swedish Manufacturing – A Survey Study

Abstract

This Master's thesis examines the strategic importance of maintenance in the manufacturing industry, focusing on how annual investments in maintenance influence operational efficiency and financial performance. The research utilizes a mixed-methods approach, combining literature review and surveys conducted across various Swedish manufacturing firms. It assesses the impact of maintenance strategies on annual investments and the required skills for workers, emphasizing the increasing need for continuous training due to rising labor costs associated with skilled personnel. Key findings indicate that firms adopting advanced maintenance strategies, which integrate predictive and proactive techniques supported by modern technologies, significantly reduce operational costs and minimize downtime. These strategies not only enhance the sustainability of manufacturing processes but also address environmental challenges, making a strong case for their broader adoption. However, the study identifies challenges such as the high initial costs of technology and the continuous need for upskilling workers to keep pace with technological advancements. The thesis supports viewing maintenance as a strategic investment within the manufacturing sector, crucial for improving productivity and achieving a competitive advantage while promoting sustainable practices.