OEE stands for Overall Equipment Effectiveness.
This makes OEE a useful way to measure and track the performance and efficiency of manufacturing equipment over time. It’s used as a core metric of Total Productive Maintenance (TPM), which is a method of managing physical assets through maintenance and improvements.
Want to dive deeper into OEE? Download our OEE Whitepaper, with more detailed definitions of OEE, formula cheat sheets, and more.
Your OEE score is a single figure that can be easily visualized and understood by everyone, from management to operators.
Regularly calculating OEE forces you to pay attention to asset utilization metrics, like performance, uptime, and yield
Use historical data on machinery performance to justify CaPex and OpEx.
Identify hidden costs of machine inefficiencies and record losses from unplanned downtime and waste.
Show staff how their efforts are making an impact.
OEE can act as a baseline or benchmark to drive continual improvement.
Despite these benefits, OEE scores do have some limitations. The percentage score does not identify why your performance is trending up or down. In order for your team to take action, they’ll need a more precise breakdown of quality, performance, and availability so that they can dig further into the potential causes of any issues.