To sustain today's highly competitive market, every company must minimize its operating expenses. Total Productive Maintenance (TPM) can play an effective role in this aspect. The main purpose of this study is to find out an easy planning system for implementing TPM at the initial stage in the organization. This study discusses the important key performance indicators of TPM, which are Machine Breakdown time, Mean Time Between Failure (MTBF), Mean Time to Repair (MTTR) and Setup time. The case study of TPM implementation has taken from a manufacturing company in Bangladesh that has started implementing TPM since January 2011. Significant improvements of these KPIs are contrasted with previous year's values. This study explains how TPM transforms an industry's overall maintenance system to increase the productivity.The emphasis of TPM is to improve the skills of operators in relation to machine technology and to train and educate operators to clean, maintain and make adjustments to their machine. Team work is a key element of TPM. By analysis of each piece of equipment, it focuses on reducing manufacturing losses and costs.