IATF 16949 Section 8.5.1.5 (Total Productive Maintenance)

[Mikey324]

Assuming the "two cents worth" term came into common use in mid 1930,s (debatable), our British friends would now say (considering inflation of course) you've given your..
"1 pound 8 pence worth"

Be well.

Nah, mines still probably only worth $0.02

 

[John C. Abnet]

Nah, mines still probably only worth $0.02

 

[Golfman25]

Understood. Thank you very much. The statement that was written on the NCR does not describe what was discussed during the closing meeting and when this NCR was found. If you read it, you understand that there were no evidence of the PM but actually the auditor meant that there were no evidence of technical maintenance activities as I mentioned some examples above since all the evidence of the current PM activities were available.

Thank you all for your input

I may be a little late, but your auditor is beyond his scope. Is he a screw machine expert? He doesn’t get to tell you what to do. He just gets to determine if what you do is effective. Is unplanned downtime and break downs a problem in your shop? If not, then what you’re doing seems effective. I’d challenge it. Good luck.