OEE opportunity calculator demonstrated at Pack Expo

AIOE’s overall equipment effectiveness (OEE) calculator is a tool to help manufacturers identify opportunity for improvement and evaluate ROI on OEE initiatives.


Steve Schlegel, managing director at AIOE, indicated that OEE has been the most broadly adopted measurement tool and key performance indicator for many companies engaging in a continuous improvement initiative. Courtesy: Joy Chang, CFE MediaThe Alliance for Innovation and Operational Excellence (AIOE) demonstrated the overall equipment effectiveness (OEE) opportunity calculator during Pack Expo 2014 in Chicago on Monday, Nov. 3. The opportunity calculator is a tool to identify opportunities for improvement, develop project pipelines, and track progress.

Steve Schlegel, managing director at AIOE, indicated that OEE has been the most broadly adopted measurement tool and key performance indicator for many companies engaging in a continuous improvement initiative.

However, companies spending large amount of money on improving OEE sometimes find it hard to justify their investment due to the lack of ROI evaluation and the continuous tracking on performances and costs.

"OEE improvement is an practice of intentional collaboration between engineers, operations, sustainability department, workforce development, and more. Without clear calculation and goal, it is hard to establish operational reliability for the OEE project," Schlegel said.

The AIOE OEE calculator allows users to generate an estimate of potential savings on a production line as a result of OEE improvements. This can help companies determine if OEE measurement and improvement activities will deliver adequate payout to justify the effort and cost.

- Joy Chang, digital project manager, CFE Media, jchang@cfemedia.com 

See other stories from Pack Expo below.

srikanth , IN, India, 11/19/14 07:58 AM:

very good input. Brahmbhatt.SK Jaipur
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Robotic safety, collaboration, standards; DCS migration tips; IT/OT convergence; 2017 Control Engineering Salary and Career Survey
Integrated mobility; Artificial intelligence; Predictive motion control; Sensors and control system inputs; Asset Management; Cybersecurity
Big Data and IIoT value; Monitoring Big Data; Robotics safety standards and programming; Learning about PID
Featured articles highlight technologies that enable the Industrial Internet of Things, IIoT-related products and strategies to get data more easily to the user.
This article collection contains several articles on how automation and controls are helping human-machine interface (HMI) hardware and software advance.
This digital report will explore several aspects of how IIoT will transform manufacturing in the coming years.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

Mobility as the means to offshore innovation; Preventing another Deepwater Horizon; ROVs as subsea robots; SCADA and the radio spectrum
Future of oil and gas projects; Reservoir models; The importance of SCADA to oil and gas
Big Data and bigger solutions; Tablet technologies; SCADA developments
Automation Engineer; Wood Group
System Integrator; Cross Integrated Systems Group
Jose S. Vasquez, Jr.
Fire & Life Safety Engineer; Technip USA Inc.
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.
click me