DATA: How Well is Your Plant Running?
Regardless of your answer, chances are you’d ultimately like less loss and more pallets shipped from your loading docks. The first step in reducing loss is quantifying the performance of your system, followed by making impactful decisions based on the new found measurements. One of the most common ways to measure system performance is Overall Equipment Effectiveness, also known as OEE. OEE is calculated by taking into account your system’s availability, production counts, and quality. The resulting percentage provides a single indicator for the performance of your system. For more information on OEE and how it is calculated, please visit https://www.oee.com/.
read more…