There are several important metrics manufacturing managers use to either gauge or improve their facilities’ efficiency or productivity. One of the most common is called Overall Equipment Efficiency, or OEE. Having an in-depth understanding of OEE and its importance can help managers achieve their efficiency targets in a timely fashion, without requiring frequent interventions.
OEE is a way to measure the efficiency of a process or machine in a facility. Some use OEE as a key performance indicator, or KPI, to rate their facility against other facilities or to show how well their facility performs. However, OEE’s main purpose is to show how to improve a process’s efficiency in a facility.