OEE

ABSTRACT

In today's economy, you're expected to continuously improve your Return on Total Capital. And as capital to build new, more efficient plants becomes more difficult to obtain, you often have to meet growing production demands with current equipment and facilities — while continuing to cut costs. There are several ways you can optimize your processes to improve profitability. But it can be difficult to understand the overall effectiveness of a complex operation so you can decide where to make improvements. That's especially true when the process involves multiple pieces of equipment that affect each other's effectiveness. To meet this challenge we can use OEE or Overall Equipment Effectiveness. It helps in controlling not only human resources but also equipment usage.