Performance in OEE refers to Performance Loss. It refers to the events that cause a manufacturing process to run at a speed slower than the maximum possible speed at optimal conditions. This takes into account Short Stops and Slow Cycles which can include machinery jams, equipment wear, substandard materials and others.
Performance is a key metric used in OEE (Overall Equipment Effectiveness) that measures the efficiency of a manufacturing process. It is calculated by dividing the actual output by the maximum possible output at optimal conditions. Performance loss can occur due to various reasons, including equipment breakdowns, production delays, maintenance issues, and quality problems. To improve performance, manufacturers must identify the root causes of performance loss and take appropriate measures to address them.
Improving performance in OEE can have a significant impact on a manufacturing organization's bottom line. By minimizing performance losses and maximizing equipment utilization, manufacturers can improve their overall productivity and profitability. This can be achieved through a combination of strategies, such as preventive maintenance, operator training, process optimization, and continuous improvement initiatives. By monitoring performance metrics regularly and taking corrective actions when necessary, manufacturers can improve their OEE scores and stay competitive in today's fast-paced manufacturing environment.
Overall, performance in OEE is a critical component that manufacturers need to track to identify areas of improvement in their manufacturing processes. With a focus on performance, manufacturers can reduce waste, increase production speed, and deliver products that meet or exceed customer expectations. By leveraging advanced technologies such as predictive maintenance and real-time monitoring, manufacturers can proactively identify performance issues and take corrective actions before they become major problems. With an ongoing commitment to improving performance, manufacturers can achieve higher OEE scores, improve their bottom line, and enhance their overall competitiveness in the market.
A Performance score of 100% means that the process is running at the fastest speed possible.
Performance = (Total Count / Run Time) / Ideal Run Rate