How To Calculate Overall Equipment Effectiveness
There are many factors to consider when trying to calculate overall equipment effectiveness (OEE). In this article, we’ll touch on what OEE is and the three main components of OEE, which include availability, performance, and quality. Keep reading to learn more about OEE and how you can calculate it for your own organization. Understanding OEE First, you may be wondering, “ What is overall equipment effectiveness ?” The definition of OEE is a measure of the productivity of manufacturing or production equipment. OEE is calculated by multiplying availability, performance, and quality metrics. Availability is the percentage of time the equipment is available to produce products. Performance is the percentage of time the equipment is running at its rated speed. Quality is the percentage of products that meet customer specifications. OEE is a popular metric for measuring the effectiveness of production lines or equipment. OEE can be used to identify areas where improvements can be made t...