Overall equipment effectiveness (OEE) is an important measure of manufacturing operating performance. The measure can be calculated for workstations, equipment, process lines, departments, or overall plants and provides managers with excellent insight into the measured entity's performance.
Companies across all industries are using this measure to develop performance improvements based on its results.
The OEE calculation can be expressed as follows:
• OEE = (availability) x (performance) x (quality)
OEE is one of the most valuable measurement tools in a production manager’s tool kit. With it, supervisors can both assess the level of current production and identify areas for improving operations.
Compare your factory to those of world-class manufacturing companies based on OEE.
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