Advantages of OEE metric

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Transcript

Take you through the advantages of V metric on its own and how it is relatively better than any other standalone metrics. So, first we will understand advantages of V matrix on its own. The first I don't is it is grouping the losses in different categories. It is it making the compartmentalization of losses in terms of utilization in terms of performance in terms of quality. By the way it makes the company Manufacturing losses into simple losses classification because in a manufacturing environment, so many losses are happening, if you are not able to classify the losses under right bucket is very difficult to give the treatment there only only comes in handy he tells us to classify the losses in terms of asset in terms of people in terms of product. By the way, it reduced the complexity into simple that is one of the advantages of E metrics.

The second advantage is it helps us to understand the losses with clarity. Then it leaves us to choose the right lean tool for managing the each losses. Otherwise what will happen with the surface level of losses we'll get into implementation of lean tools but It gives clarity in each bucket what is the last and within the each bucket it classify the losses further. So, we can able to apply the right lane to for example, under utilization, mission stoppage that is one of the losses, but we else's to classify this mission stoppages into further element like mission stop due to break down mission stop due to setup changes our mission stop due to material non availability or machine stop due to planning related issues like there it is classified their losses in depth. It helps us to get clarity where the losses happening the moment we get the clarity and the losses then we could able to identify the right lead to for managing their losses.

So, by classification, it helps us to give a clarity that is one of the advantages of a metric. And third metric is since it is a very structure, since all the macro level losses are classified into three different buckets and within each bucket, again all the losses are classified in depth, it helps us to verify the effectiveness of action. For example, we say mission stop motion stop due to changeover. There is one other last if I apply the right lean tool like SME D concept Smith, if there is a change over obviously the machine stop is due to change your will come down even after implementation of SME the concept I can verify whether the mission stop due to change Java is reduced or not, we can drill down the losses as well as we can monitor the losses very precisely that that is the advantages of UI measurement.

Having discussed the advantages of UI on its own metric, now we'll discuss the advantages of UI to any other standalone measurement. As we discussed earlier, as it covers, equipment, people and product, this gives a holistic view about the operational excellence. No other single metric will use a holistic view of operational excellence, but if we apply the way in a critical equipment, the critical equipment improves. Automatically, we can say that operation also improving towards the continuous improvement direction, that linkage we can make To bring to we measurement compared to any other single measurement. The next advantages is in most of the SME organizations small and medium scale enterprises, this one measure alone will raise the profitability because in small and medium scan say suddenly session flow complexities relatedly lesser than the complex large organization in those areas, the volumetrics alone can be linked with the profitability and we can see the correlation between the way metric improvement refers to profitability, the sort our experiences wherever we implemented this OEE concept, you could able to see the correlation and we are seeing the UI improvement we could be able to see the improvement in the business profitability itself.

That is a pour of oil No other single metric will do this kind of advantages. I mean relating to the business profitable, but this measure, but this metric will do the advantages of correlation between metric increments with the profitability increment. I will take you through the case studies at the end of the session. As of now, I want you to appreciate the advantages of we on its own as well as its advantages to any other standard measurement.

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