You’re probably familiar with the term overall equipment effectiveness (OEE), but it means different things to different people. It’s often used interchangeably with factory information systems (FIS) to refer to production process analysis, measurement and management.
At its most basic, OEE is a simple calculation that can be the foundation of great process analysis. It is used to evaluate one machine, one station, or an entire factory. It’s understandable by operations, engineers and executive management, and it can guide real-time and long-term process improvements.
