Factors Influencing Engineering Assets Management Decisions in Food Manufacturing Companies in Nigeria

Abstract

This chapter assessed the factors influencing Engineering Assets Management decisions in small and medium-scale food manufacturing companies in Southwestern Nigeria. Data were collected from 30 selected food manufacturing companies registered with National Agency for Food and Drug Administration and Control in the study area. The data were analyzed using descriptive and inferential statistics. The results reveal that food manufacturing companies practice some elements of Engineering Assets Management. There were no explicit guidelines and policy statements that guide their decisions and actions. However, a) how maintenance was to be carried out; and b) the amount and intensity of service that maintenance was expected to provide in order to satisfy the need of production, were the major factors that guided ways of making Engineering Asset Management decisions.

Suggested citation

Charles Akanbi, Olatunji Ilori (2024). Factors Influencing Engineering Assets Management Decisions in Food Manufacturing Companies in NigeriaKooxakar Festschrift, 1(1). https://doi.org/10.69798/k6256447

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