A leading plastics global plastics manufacturer has standardized on Overall Equipment Effectiveness (OEE) as one of their primary metrics based on its proven value in stabilizing every production machine on their shop floor. An injection molding manufacturer was able to increase OEE performance by 7% in three months, increasing gross profit by $1.2M across six production plants globally. Attaining an OEE score in the 80 to 85% range is widely considered to reflect a world-class manufacturing operation, according to Gartner.
The majority of manufacturers begin using OEE to quantify the baseline performance for specific machinery and production assets. Taking this baseline-driven approach at the machine level enables manufacturers to scale the OEE metric across manufacturing units and production lines.
Combining OEE with additional manufacturing metrics like marketing for manufacturing industry helps manufacturers find random versus deterministic factors that have the greatest impact on production consistency and Quality. OEE is gaining adoption in process-related industries the fastest, including food & beverage, plastics, and oil & gas.
Process-oriented machinery is prone to wide variations in consistency, quality, and throughput. OEE helps decipher the massive amount of data these machines produce, helping to find the main sources of variation. Knowing the sources of variation in process manufacturing workflows simplifies the complex interactions of machinery, substrates, materials, and environmental conditions that together act as constraints on production throughput and quality.
How to Calculate Overall Equipment Effectiveness - OEE is determined by increasing Machine Availability by Performance by Quality. Beginning with Availability, Unplanned Downtime (UDT) and Planned Downtime (PDT) are deducted from the absolute potential creation season of the machine, resource, or whole creation line. Impromptu personal times (UDT) and arranged vacations (PDT) are deducted from the all out potential creation time to give the Run Time Availability is then determined by isolating Run Time by Planned Production Time.
OEE's Performance segment is characterized as the contrast between the hypothetical most extreme yield a given machine is fit for contrasted and genuine yield. Genuine yield is inferred by taking away out minor stoppages, decreased speed, and whatever other factors that diminishes the presentation levels of a given machine or resource. Execution is characterized as the Ideal Cycle Time duplicated by the Total Count separated by the Run Time. Execution is additionally characterized as the Total Production Count separated by the Run Time, partitioned by the ideal Run Rate….Read More
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