OEE (Overall Equipment Effectiveness): an essential factor for competitiveness
Overall Equipment Effectiveness (OEE) identifies the percentage of manufacturing time which is truly productive. An “ideal” OEE score of 100% would be reached by producing only good parts (100% quality), as quickly as possible (100% performance), without any downtime (100% availability).
Measuring OEE makes it possible to identify losses, monitor progress and improve productivity by not only modifying tools but also company processes. Searching for optimal OEE is a hunt for downtime in all stages of production. Within the plastics market, mold changes are the key consideration. If tool changeover duration was zero, unitary manufacturing and mass production would incur the same overall costs.