Definition of OEE: Overall Equipment Effectiveness (OEE) is a comprehensive performance metric used in manufacturing and industrial operations to measure how effectively a production asset or line is utilized, combining availability, performance, and quality into a single percentage score (typically calculated as OEE = Availability × Performance × Quality).
Core Components of OEE:
- Availability: Measures the proportion of scheduled production time that equipment is actually running, accounting for unplanned downtime (e.g., breakdowns, setup times); formula: (Run Time / Planned Production Time) × 100%.
- Performance: Assesses how well equipment runs at its maximum speed during operational time, factoring in slowdowns and minor stops; formula: (Ideal Cycle Time × Total Count) / Run Time × 100%.
- Quality: Evaluates the proportion of good parts produced versus total parts produced, subtracting defects and rework; formula: (Good Count / Total Count) × 100%.
We can measure and monitor your factory floor to understand your production in real time. We can also provide insights into the predictability of machine and equipment breakdowns.
