Overall Equipment Effectiveness
OEE is a very powerful metric. This KPI is calculated from actual equipment availability, performance and quality losses relative to maximum expected performance – essentially capturing when an asset is available, the speed at which it operates and the number of products out of quality specification.
- Availability (%) = Operating Time / Available Time
- Performance (%) = Total Production / (Target Production Rate x Operating Time)
- Quality (%) = Good Production / Total Production
With real-time OEE visibility, you will be able to make ad hoc corrective actions quickly. Detailed historical data of equipment utilization enables root cause analysis of capacity losses to determine areas for improvement.