Overall Equipment Effectiveness (OEE)
This PDF report includes benchmarking data (in a visual, chart-based format), an comprehensive KPI definition, characteristics of high performers and technical details on measuring Overall Equipment Effectiveness (OEE). Purchase and download this easy-to-understand, presentation-ready report immediately to compare performance levels, set attainable performance targets, and push towards best-in-class performance for this KPI.
What is Overall Equipment Effectiveness (OEE)?
A measurement of production function availability (uptime), performance and quality in a single metric/KPI that assesses the overall efficiency of the entire production operation, expressed as Availability times Performance times Quality.
Why should Overall Equipment Effectiveness (OEE) be measured?
Overall Equipment Effectiveness (OEE) is a vital KPI in Manufacturing & Production that measures the overall performance of the company's production machinery, based on performance, availability and quality. OEE tells managers what percentage of planned production time is truly productive, in terms of producing good units at the optimal cycle time. A relatively low value for this KPI can indicate a number of problems throughout the manufacturing process, such as defective raw materials or final goods (quality), sub-par preventative maintenance controls or inaccurate demand forecasting methods (availability), or slow machine production speed (performance). Some ways tom improve OEE include increased training for maintenance personnel, increased preventative maintenance schedules, replacing old equipment, and improving the quality of raw materials.
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