Could your overall equipment effectiveness (OEE) metrics do more to accelerate improvement? Most manufacturers’ can, but not necessarily by doing what they have been doing. Read our eBook, Getting Beyond Percentages to Insights with OEE, to learn more.
Please enjoy the summary* below. Please visit our sponsor PTC for the full research (registration required).
For related research, watch the Power in the Hidden Factory webcast.
Table of Contents
- True to Continuous Improvement
- OEE: Beyond the Number
- OEE for Everyone
- How Advanced Manufacturing Enhances CI
- More, Faster Data for the CI Process
- Everyone Engaged
- OEE to Improve in the Ways that Matter Most
A New Normal for Overall Equipment Effectiveness and Continuous Improvement
Overall Equipment Effectiveness (OEE) and Continuous Improvement (CI) are not new approaches, but the conditions in which manufacturers deploy them are. Today’s conditions include remote working, constant change, new competitors, and business uncertainty with large quantities of data that are not always used. Fortunately, many new technologies support CI processes and improve the accuracy, timeliness, and ability to act on OEE measurements. As a result, new opportunities for improving business results will arise from using digital analytics-based CI approaches.
OEE to Improve in the Ways that Matter Most
Digital Advances to Boost the Basics
With today’s new conditions, it is time to get back continuous improvement intentions, but do it with advanced digital analytics. Those primary intentions revolve around eliminating waste through process improvements that can impact the business.
Digital matters because it delivers speed and accuracy of analysis for insights from OEE. Those characteristics enable high confidence in decisions, focused understanding of where losses occur, and thus greater improvements.
*This summary is an abbreviated version of the research and does not contain the full content. Please visit our sponsor PTC for the full research (registration required).
If you have difficulty obtaining a copy of the report, please contact us.