Improving productivity is the key to a more favourable financial outcome, particularly in the manufacturing business.
As a business owner, it’s in your best interest to work on refining your craft. Here is where overall equipment effectiveness (or OEE for short) comes into play. Today, we’ll be taking a look at what’s under the lid of the concept and see how you can apply it yourself.
3 letters make for 3 measurement categories
In short, it’s a concept for measuring one’s manufacturing productivity and narrowing it down to 3 crucial parts:
– Quality
– Performance
– Availability
Hypothetically, scoring 100% in each of these means you’re running the perfect manufacturing business that produces top quality parts all the time, as fast as possible, without stopping for a brief moment. Of course, that’s probably closer to fiction than reality, but it makes for an ideal to strive for.
Every manufacturing business can improve in all the categories listed above
Even if you were to receive a grade in each of these categories, note that it’s never final. In other words, you can work on improving the weakest sides of the manufacturing process and build upon the strongest ones. But first, you need to know what these are by measuring performance and thus identifying them. If only there was a tool that would make this easier…
Discover Evocon, the easiest way to improve production efficiency
At companies like Evocon.com, you’ll discover that measuring production efficiency requires industry-grade software tools. The solution they’ve developed not only covers everything we’ve mentioned thus far, but also accomplishes it in real-time.
Identify the bottlenecks in the production process
What are the things that are keeping you back from achieving your production goals? Can you restructure the process somehow to make it more efficient? Answering questions like this is the key to moving forward. But before you can determine the ‘why’ it’s important to know the ‘what’.
Make things visual
The great thing about monitoring your machinery’s performance in real-time is being able to produce charts and graphs that you can analyse at a later point. This will propel you from saying ‘we need to make X part of the process more efficient’ to being able to say that you now know exactly where the problem lies and that the solution is just around the corner.
No more manual data collection
Gone are the days when you’d have to stand next to every piece of your machinery and take notes. Imagine the man hours it would take just to gather the data, let alone analyse it to draw a coherent conclusion. With software like this, every part of the process is completely automated.
Focus on the solutions instead of the problems
Without this type of software tools, you could expect nearly all of your focus and energy to go into pinpointing the source of the problem as it pertains to production efficiency. Not ideal, is it? But thanks to Evocon, you can now concentrate on finding the solutions and locating the fastest route to making them a reality. As for the rest? Leave it to the software and let it work for you 24/7!
