OEE is a very important measurement; it stands for Overall equipment efficiency. Equipment efficiency is a very important term, when it comes to operations management. One can either save a lot or spend a lot; this department can be extremist when it comes to cost. TQM books include few tips on how to run the organization without any trouble.
TPM books though are mainly to give you a proper gist on how manage your operations and production cost of the organization. Every organization must follow the CTI standards.
Following are the primary reasons one must go for the OEE measurement for their organization, this prove why is it beneficial?
- Efficiency and effectiveness – Equipment’s are managed with both, efficiency as well as effectiveness. They are well managed under the guidance of the measurement as it focuses on the root cause of the problem and helps the industry in improving their performance and reaching to profitability.
- Information – with OEE you can get complete data information about all the activities to focus on the ones which are troublesome and are leading to many problems. With OEE you can focus on deficiencies and make them your strengths. The measurement ranks the activities according their significance in the outcome and gives us detailed information of what the organization should focus on.
- Simple terms – With the use of OEE, one can just simply visualize their problem in simple terms, by just simply assigning them into the three metrics of OEE you can figure out things. The availability, performance and quality of the metrics help the organization to have detailed analysis on different things.
- Works overall – OEE works for overall processes, the information this measurement provides to us is targeted and used at every stage of production. From the shop floor to the top level management. It helps the organization to trigger the action. The positivity the measurement gets to the organization boosts all the morale and develops the attitude and self-belief.
These are the primary reasons for one to adopt OEE to their organization.
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