"OEE Numbers Shine a Light on Packaging Machine Performance"
OEE helps a plant wring more production out of existing equipment without the need to invest in new machines or personnel. So why are many users not getting full value from their OEE investment?
“Margin pressure since 2010 has been increasing,” says Barry Lynch, global industry manager for consumer products at GE Intelligent Platforms (www.ge-ip.com), Charlottesville, Va. “The cost of energy, raw materials and packaging materials among other factors have all been increasing. As a result, companies are looking for ways to drive up the profitability of existing assets. OEE is a key metric in helping them do this.”