It is calculated as the product of three components: availability (stoppages), performance (speed losses) and quality (defective products). A correct calculation requires stoppages and production quantities to be collected reliably from the shop floor.
How it affects your decision
OEE calculated from manually collected data usually shows reality as better than it is. Automatic collection of machine data is one of the most concrete justifications for an MES or IIoT investment; but first, which decision will be made with this measure should be defined.
Where you will meet it
Related terms
What does this term mean in your project?
Talk to a consultant; let’s look at it together through your own processes.