At its core, Overall Equipment Effectiveness (otherwise known as OEE for short) is all about unlocking the full potential of your manufacturing lines whenever possible. As your OEE score inches closer to 100%, it means that you’re only producing A) high quality parts, B) as quickly as possible, with C) little-to-no stop time to speak of.
Of course, it’s also a best practice that brings with it unique advantages to every industry – with automotive manufacturing being chief among them. In fact, there are a number of clear benefits for automotive organizations in particular that are more than worth exploring.
The Power of OEE: Breaking Things Down
The automotive industry is nothing if not competitive – organizations are constantly looking for ways to reduce production losses to help preserve their razor-thin profit margins at the exact same time. That may very well be the biggest impact that OEE has on automotive manufacturers – not only does it instantly clue you into why you may not be producing as many parts per hour as you should be, but it does so in a way that helps to increase the very competitiveness of the business as well.
Another one of the major benefits of OEE for auto manufacturers has to do with how it allows them to finally unlock the peak performance from the machinery they’ve already invested so heavily in. From the moment of your solution’s deployment, the performance of the machines that you’re tracking will begin to increase exponentially. To that end, it isn’t just great for helping to achieve the full potential of new machines – it also helps maximize the ones that have been in use for years, too.
But truly, maybe the biggest benefit that OEE brings to auto manufacturers has to do with how it finally puts them in a position to not only measure their efforts, but to make better and more informed decisions regarding the future direction of their company, too. Keep in mind that if you’re not measuring something, you can’t be truly certain of what’s working and what isn’t – meaning that you can’t improve it, either.
Therefore, it’s critical to not just understand which production processes are efficient or not. You also need the context surrounding those inefficiencies, thus putting you in a better position to actually do something about them.
That in and of itself is the beauty of OEE – it helps you uncover the actual “truth” of your production processes, all so that you can get rid of what isn’t working and double down on what is as quickly as you’re able to. Every day, you’re uncovering new opportunities to improve your operations that may have otherwise gone undiscovered. To that end, the improvements you’re able to capitalize on after embracing OEE are essentially without limit.
If you’d like to find out more information about the major benefits of OEE in the world of automotive manufacturing, or if you’d just like to discuss your own situation with someone in a bit more detail, please don’t delay – contact Thrive today.