In the quest for achieving sustainable continuous improvement (CI) and improved profitability manufacturers should look at the ways they measure overall equipment effectiveness (OEE). More and more CI practitioners are beginning to integrate data-driven manufacturing into their CI methodology to improve the way companies analyze data, automatically and objectively.
MEMEX believes that the CI approach (including Agile, Lean, Six Sigma) is of value, but for any CI approach to be successful, it needs to be supported by a foundation of measuring what’s happening in real time, analyzing what is happening and what has happened, and making business-process decisions based on that accurate information.
- Understand the key metric fundamental for CI—0verall equipment effectiveness (OEE)
- Learn how to bridge the gap between IT and OT to ensure that the right information is accessible to the right person in a timely manner
- Introduce the concept of CI and create and sustain a culture that embraces it
- Identify improvement opportunities to create the factory of the future