What Is OEE?
OEE (Overall Equipment Effectiveness) reduces difficult and complex production issues into readable, well-presented, and usable information. Its measurement helps to improve your processes and can be used to monitor best practices on machines, assembly lines and manufacturing cells.
Planned production time: To help find your planned production time you will need to know this equation; Plant operating time - Planned shut down time = Planned production time.
OEE will look at your planned production time and measure and record overall efficiency and losses with a view to being able to remove them once they have been recognised.
Downtime loss: This is considered to be anything that stops production for a period of time such as machine failure, shortages of required materials, and changeovers.
Performance: The performance covers any factors that may cause your machinery not to operate at its maximum speed or capacity.
Quality: OEE will also take any quality loss issues into consideration. This means that it will identify when produce does not meet the required standard and has to be changed.
As soon as these factors are taken into account, you will be left with a measurement of "Fully Productive Time". This is the time where machines will be operational and working to their full efficiency.
The main aim of OEE is to help maximize and increase a business's production time. Studies have been conducted which indicate that the average manufacturing rate of most plants is around 60%. A world class overall equipment effectiveness measurement is considered to be anything above 85%.

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