Overall Equipment Effectiveness - OEE meaning
OEE is a simple tool with one of the fastest returns-on-investment that helps understand the impact of productivity losses and available improvement potential
Overall Equipment Effectiveness (OEE) is an industry standard, versatile measurement for production efficiency. It suits any industry or process.
OEE is the result of three factors, Availability, Performance and Quality, which describe the six big losses. Together these factors form OEE = A x P x Q. Availability is reduced by equipment failure, setup and adjustment. Performance is reduced by idling, minor stops, and reduced speed. Quality is reduced by process defects and startup losses.