Overall Equipment Effectiveness (OEE) is a critical metric used to measure the efficiency and productivity of manufacturing equipment. It provides insights into how effectively a manufacturing operation is being utilized compared to its full potential. For Indian manufacturing companies, OEE is particularly valuable as it helps identify areas for improvement, optimize production processes, and enhance competitiveness in the market. Components of OEE OEE is calculated based on three primary components: 1. Availability - Measures the percentage of scheduled time that the equipment is available to operate. - Factors such as equipment breakdowns, maintenance, and setup/adjustments impact availability. 2. Performance - Assesses the speed at which the equipment operates as a percentage of its designed speed. - Performance is influenced by factors like slow cycles, minor stoppages, and reduced speed. 3. Quality ...