Overall Equipment Effectiveness

Rating:
Summary: The Hidden Factory Unlocked
Review: As a practitioner of Equipment Reliability and the person responsible for Equipment Operational Effectiveness, I found Mr. Hansens' views of OEE extremely accurate and useful. His interpretations and the posturing of OEE with factory output demonstrates the importance of reliability to the corporate bottom line. Many companies continuously ignore the importance of unlocking the hidden factory and don't realize the waste generated by ignoring OEE concepts. Mr. Hansen, in 274 pages, gives a complete and compact version that any corporate manager, by being proactive and a visionary, can utilize to change costs into profits. Reliability and OEE technologies appear to be fairly new to much of the industrial world. Mr. Hansen decribes in his book a cultural change, that if followed,will help produce a payback welcomed by any corporate institution. His writing is easy to understand by both new and old Reliability/OEE practitioners. He has written in an orderly fashion with each chapter building on, and complementing the previous. The book describes in a step by step fashion the concept of true OEE, which when practiced will unlock the hidden factory. As Mr. Hansen points out; "If you are not supporting Reliability, then you are supporting failures".

Rating:
Summary: A very simple tool that saves manufacturers thousands.
Review: If you want to make someone's day, (and they are in maintenance or production:>), give them a copy of Mr. Hansen's book on OEE. He shows us how to capitalize on a very simple formula to save thousands by investing a little time and the knowledge in his book. It surprising how many do not know about OEE, so don't assume they do.

The overall performance of a single piece of equipment, or even an entire factory, will always be governed by the cumulative impact of the three OEE factors: Availability , Performance Rate, and Quality Reject Rate.

Availability X Performance X Quality= OEE

With the knowledge and utilization of the OEE calculation, it is common to realize greater than 40% increase in your bottom line. If you're making a profit now, just think of the opportunity. More importantly, OEE is the glue that sustains other initiatives by enabling all to clearly see where to focus, and the results of those focused efforts. The exciting point is that OEE is a simple method of measuring, you can start utilizing it Today!

My challenge to the industry is to Stop OEE Ignorance, and spread the word about this valuable tool. So I recommend you buy Mr. Hansen's book today.