The following blog post was submitted by 2016 Continuous Improvement Conference sponosor, Heidelberg.
What is OEE?
When optimizing your production, Overall Equipment Effectiveness (OEE) provides a valuable independent measure of how well a piece of equipment performs over time. It also helps gauge the impact of changes to workflow and production methods. There are several ways to define this, but for the purposes of this blog, I have used the definition we use (at Heidelberg) of OEE as:
OEE = Speed Index × Quality Index × Time Index
Quality Index = Total of all good products
Total of all printed...