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Application of OEE Metric on Business Profitability in Small, Emerging Organizations
OEE measurement and its relevance to Operational Excellence
Understanding Operational Excellence
Preview
Measure of Operational Excellence Initiative
Typical mindset in measuring operational excellence and relevance of OEE Metric
Introduction to OEE Metric
Definition of OEE and its extended terminology
Understanding the term Effectiveness in organisational setup
Application of OEE measurement in organization
Elements of OEE metric
Advantages of OEE metric
Misconception about OEE metric and its application
Operational Losses or Wastes in each element of OEE
Typical operational losses in OEE-Utilization category
Typical operational losses in OEE -Performance category
Typical operational losses in OEE -Quality category
Calculating OEE
Formula for calculating OEE
Formula for calculating Utilization index
Formula for calculating Performance index
Formula for calculating Quality Performance index
OEE program implementation steps in your organization
Step by step implementation process
OEE -Data collection and Analysis
OEE data collection format
Typical Challenges in implementing OEE program in your organization
Implementation challenges and solutions approach
Real Case study examples on OEE improvements and its impact on business profitability
Real case study examples
OEE measurement and its relevance to Operational Excellence
Application of OEE Metric on Business Profitability in Small, Emerging Organizations
By:
Ganesh Babu
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Conceptual understanding the reason behind operational excellence initiatives in the organization, various KPI's and how OEE measurement drive helps the organization towards operational excellence journey
We'll cover the following topics in this section:
Understanding Operational Excellence
Measure of Operational Excellence Initiative
Typical mindset in measuring operational excellence and relevance of OEE Metric
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