Improving Manufacturing Efficiency Using OEE

Ever rising costs and globalization are putting manufacturing companies under ever greater pressure to increase production efficiency. There are many techniques, programs and tools that can be used to maximize efficiency and one of these is OEE. OEE or to give it its full title Overall Equipment Effectiveness is a simple formula to measure the…

Using OEE to measure and improve production efficiency.

To increase productivity and reduce costs it is essential to have an effective system of measurement, control and improvement of production efficiency. The current competitive environment is characterized by a progressive reduction in margins due to increasing globalization and less willingness by customers to spend. This requires companies to reduce manufacturing costs to maintain or…