Several businesses have varied equipment designed to perform with maximum efficiency and produce the highest output. To help control discrepancies and quality issues, the OEE or Overall Equipment Effectiveness is calculated. However, this calculation entails manual recording and interpretation of data in MS Excel sheets.
Efficiency = Output/Input = (Input-Losses)/ Input
OEE = Availability x Performance x Quality
While OEE is a great tool to calculate output losses for smaller units, the situation becomes cumbersome in large enterprises. Complex losses or efficiency ratios cannot be identified with more machines categorised into line, section or floor.
Therefore, when the data size is huge, companies need a tool that calculates and interprets data more effectively than MS Excel. This is where PROEFFICIENT 1.0can make a difference in identifying and preventing significant production losses.