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Efficiency & OEE
 

It is of utmost importance to improve efficiency in the manufacturing in order to withstand competition and stay competitive in today's marketplace. There is a large unused potential, very often not understood by top management, in practically all manufacturing activities. The financial impact of finding this "hidden factory" is huge.

To better understand how a manufacturing area is performing and to identify the barriers that block improved effectiveness, the concept of OEE brings efficiency, throughput rate, and quality into one common metric and provides one single measurement of performance. All operations and supporting functions can understand their impact on manufacturing.

Small improvements in Efficiency (or OEE) can result in big improvements in profitability. For example, it has been shown that a 10 percent improvement in OEE can result in a 50 percent improvement in ROA (Return on Assets). This shows that investing in OEE initiatives can be ten times more cost-effective than purchasing new capital equipment. In fact, many companies use OEE to ensure that existing equipment is fully utilized before new equipment is purchased.

Our solution empowers customers to:

  • Track and monitor your overall equipment effectiveness (OEE)
    • Track downtime, waste, production counts, user-defined events
    • Automatically or manually associate events with a specific cause on a real-time basis
  • Analyze equipment effectiveness based on reasons (identify root cause)
    • Summarize and analyze data in the context of production events such as by equipment, by product, or by personnel (hour, shift and day) for improvement
    • Correlate events and reasons to actual production operations (historian process data)
  • Develop reports and dashboards for real-time decision-making
    • Web-based analysis and visualization – real-time decisions
    • Powerful extensions to Microsoft Excel
    • Report scheduling and viewing capabilities
    • Detailed Production data for long term analysis
  • Better utilize plant assets (people, equipment, materials) through a comprehensive view of overall equipment efficiency
    • Get more for less production costs
  • Identify and improve areas that are causing operational inefficiencies
    • Minimize scheduled and unscheduled downtime events
    • Reduce waste and rework
    • Improve machine run-time effectiveness
  • Make data-driven decisions on capital expenditures and process improvement investments
    • Gain insight into production operations by shift, equipment or product
    • Evaluate operations over any period of time
    • Link capital expenditures to expected profitability improvements


 

 
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INS Manufacturing Intelligence Group