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Mark Your Calendars for our Free OEE Webinars
Overall Equipment Effectiveness (OEE) is one of today’s most highly regarded concepts for improving manufacturing operations. GE Fanuc, in cooperation with Modern Machine Shop magazine, is pleased to bring you a series of free educational webcast presentations on how to achieve best-in-class OEE through The Global Competitivity Formula = Availability * Performance * Quality.
With Modern Machine Shop's Pete Zelinski hosting, we will present the new equation for success by helping you understand what is involved with each of the core aspects of this principle:
1. Availability -- July 27
2. Performance -- August 24
3. Quality -- September 21
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Overall Equipment Effectiveness - The New Equation for Success
In an environment of severe global competition, it pays to consider both creative and proven methods you can use to bring your product to market at minimum cost. Overall Equipment Effectiveness (OEE) is a method that meets this objective. Improving OEE is one of the primary goals of every manufacturer. From eliminating downtime to increasing throughput, there’s no faster way to improve the performance of your plant than to improve the performance of your production processes.
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OEE In Action
OEE focuses on eliminating waste or production losses in manufacturing processes. Each of the three OEE components contains two major loss categories for a total of six major OEE losses:
Availability losses include set up time and breakdowns
Performance losses include speed and minor stoppages
Quality losses include setup and production yield losses.
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Overall Benefits of Implementing OEE in Your Plant Floor
An OEE solution can enable you to achieve world-class status. More specifically, it can provide benefits in four key areas:
1. Equipment: Reduced equipment downtime and maintenance costs, plus better management of the equipment life cycle
2. Personnel: Labor efficiencies and increased productivity by improving visibility into operations and empowering operators
3. Process: Increased productivity by identifying bottlenecks
4. Quality: Increased rate of quality, reduced scrap
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Six Sigma Methodology for OEE Improvements
You can achieve even more of a competitive edge by folding in the Six Sigma DMAIC (Define, Measure, Analyze, Improve, and Control) methodology for process improvement on top of your OEE map. Using these two powerful tool kits together will give you the insight to determine where to implement process improvement or technology investments to address major losses in Availability, Productivity, and Quality.
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IMTS 2004 -- The Future is in Chicago (Part 2)
To underscore the importance of Overall Equipment Effectiveness to plant operations and efficiency, GE Fanuc’s booth (S-1000 in the Emerging Technology Center) will be divided into the three core components of this concept. Separate Availability, Performance, and Quality sections will highlight GE Fanuc’s solutions in each of these areas and a best-in-class plant will be simulated in the OEE summing area.
Read on for part two of last month's IMTS preview article, "The Future is in Chicago."
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