OEE (Overall Equipment Effectiveness)

Overall Equipment Effectiveness (OEE) is a measure of how efficiently a manufacturing process is running. It combines three factors: availability (the time equipment is running versus downtime), performance (how fast the equipment runs compared to its maximum speed), and quality (the percentage of products made without defects). By multiplying these three factors, OEE provides a percentage that reflects the effectiveness of the equipment. A higher OEE indicates better performance and efficiency, helping businesses identify areas for improvement and maximize production output. Essentially, it's a tool to measure and enhance manufacturing productivity.