What does OEE mean?
Overall Equipment Effectiveness is a percentual ratio used to measure the productive efficiency of any proccess (labour, machines, or any combination of the two). Its advantage over other ratios is its ability to measure, in a single number, every parameter related to production loss: availability, speed and quality. An OEE of, say, 40%, means that for every 100 manufactured items only 40 are acceptable.
It contains all parameter related to production loss because by analyzing the three ratios that form OEE it is possible to understand if the loss comes from availability (production did not occur during the time it was supposed to), speed (the speed of production was not what it was supposed to) or quality (the expected quality did not coincide with the final product’s quality).
Edinn is focused on helping to increase the efficiency of any process. To measure the efficiency of consumption (including energy) it uses the international standard ratio OCE.