Overall Equipment Effectiveness (OEE) is a key performance indicator used in the manufacturing industry to determine the efficiency of its plant operation. Most companies are not aware of the full capacity of their manufacturing equipment. OEE allows you to measure and visualize your plant’s operational effectiveness, and create actionable steps to improve quality and production, save time, and eliminate waste.
HOURLY OEE LEVEL REPORTING
A company’s OEE is determined by measuring it's Availability, Efficiency, and Quality.
Measures the machine’s ability to be available for production when scheduled. Production maybe halted due to mechanical failure, raw materials issues, or employee changeover. By comparing scheduled run time to actual run time, we are able to determine the amount of lost production.
Measures the number of items produced and determines the amount of waste created when running at slower than optimal speed. Efficiency is calculated by comparing actual cycle times to ideal cycle times, determining the amount of production lost to cycles that did not meet the ideal cycle time.
Ensures each item adheres to the set product standards and determines the amount of time wasted when production does not meet these standards.
The formula for OEE is = Availability x Efficiency x Quality,
which results in a percentage.
A company’s OEE score determines the percentage of time the manufacturing plant is operating most efficiently. The higher the percentage, the higher the operation’s OEE. An OEE score of 100% represents a perfect production.
WHY MONITORING OVERALL EQUIPMENT EFFECTIVESS IS IMPORTANT
In the manufacturing world, time truly equals money. OEE can be tracked and monitored to acquire important information on how to methodically improve your manufacturing process. Knowing the exact metrics of your company’s downtime can help reduce future shutdowns, increase productivity, and increase the quality of the products produced. OEE can be used as a benchmark to compare the organization performance to industry standards, as well as measure results for multiple shifts working on the same item.
ADDITIONAL OEE REPORTING AVAILABLE
SHIFT LEVEL OEE
HISTORICAL BY WEEK
WHY MONITORING OVERALL EQUIPMENT EFFECTIVESS
OEE can provide valuable data for your manufacturing process. However, if you do not strategically take action based on the data you have read and analyzed, the data acquired is useless. Creating processes to improve the inefficiencies determined by the OEE data can result in decreased costs through waste elimination and increased production, more efficient plant downtime, increased customer satisfaction through higher quality production, and increased equipment utilization.
To see the OEE reporting in action, schedule a quick demo now.