Overall Operations Effectiveness (OoE)

OEE, the worldwide gold standard worldwide for manufacturing efficiency, measures how effectively the plant and production equipment are utilized compared to their full potential. Typically, the OEE rate of a company falls between 40% to 60%, which translates to efficient operation.On the other hand, highly efficient factories strive to achieve a score of 85%.
Availability: Measures how often the machine is available for use, including the calculation of planned and unplanned stoppages
Performance: Measures how speedily the machine runs
Quality: Measures the total number of goods produced against planned units