Industrial News & Views At-A-Glance

Measuring Equipment EffectivenessIs overall equipment effectiveness (OEE) a “magic metric” or just another flavor of the month measurement?  The answer is: it can be either, but not both.  We have become quite good at producing production metrics that are boiled down to a value that is either green, yellow or red as compared to an arbitrary goal or world class standard and that is as far as we go.  The result is alternating periods of contentment, concern and panic. When it’s green we pay no attention to it, when yellow we hope that it will be green again soon, so we tweak something and watch it periodically.  When it slips to red we scramble and then write reports.  Before long the efforts to keep us out of the red compound the original problem and we struggle to get back to where we were before we had the green, yellow and red metric. At this point the program becomes relegated to “flavor of the month” and it is abandoned.  For OEE to become the “magic metric” there are some empirical truths that must be ingrained in the organization at the outset of the program definition. Read Full article