downtimecollectionsolutions

In no uncertain terms, the right manufacturing KPI dashboard  won't just help you optimize your equipment - it can be an incredible boost to your entire business from the top down. You can't improve what you're not tracking and KPI dashboards help make sure critical information about quality, performance and other matters is always available. But at the same time, one must acknowledge that no two manufacturing organizations are created in quite the same way. That's why a customizable dashboard like the one offered by Thrive can make all the difference - it allows you to make sure you're paying close attention to all the pertinent information you need to succeed on your own terms. The Power of Information at Your Fingertips By far, one of the biggest advantages that a customizable manufacturing KPI dashboard brings with it has to do with how they can help take even the most complicated information and make it easy for anyone to understand. Manufacturing organ

Key performance indicators or KPIs are important components of any organization's measurable objectives. They consist of both financial and non-financial measures that reflect how well an organization is performing, with respect to the goals it has set for itself. Many different applications of this concept exist in management practice: manufacturing KPI, customer service KPI, internal process KPI, and even bonus or honorary KPI. These key performance indicators vary widely across different types of organizations with various different objectives. For marketing-oriented organizations, for example, important key performance indicators could include customer growth rate, customer profitability, customer attrition, and customer satisfaction. Manufacturers, on the other hand, would focus on a set of KPIs that includes overall equipment effectiveness, total effective equipment performance, loading, availability, and quality. Other organizational aspects would also come with their own s

We all know how the manufacturing process of any business or enterprise becomes more and more complex these days. With so many factors to consider at hand, this is no longer a surprise to any businessman - particularly because all of these have to be considered to ensure the enterprise's efficiency. Planning, sourcing, production, finance, distribution, work force information , all of these factors are correlated, so intensive analysis should be done to determine the existing correlation between factors, among factors, and within factors. Thus, KPI for manufacturing are needed because key performance indicators act as visualization tools for such manufacturing facilities . The underlying concept to keep in mind here is to prepare what is known as a KPI dashboard . This dashboard pretty much looks like the regular dashboard you see in your car - only that it does not contain details such as gauges for fuel, your speedometer, and the like. The KPI dashboard would contain K

 OEE ( Overall Outfit Effectiveness) reduces  delicate and complex product issues into readable, well- presented and usable  information . Its dimension helps to  ameliorate  your processes and can be used to cover stylish practises on  machines , assembly lines and manufacturing cells. Planned  product  time To help find your planned product time you'll need to know this equation ; Plant operating time-Planned shut down time = Planned product time . OEE will look at your planned  product time  and measure and record overall  effectiveness  and losses with a view to being  suitable  to remove them once they've been recognised. Down time loss This is  considered  to be anything that stops product for a period of time similar as machine failure, dearths of needed  accoutrements  and metamorphoses. Performance The performance covers any factors that may beget your ministry not to  operate  at its maximum speed or  capacity . Quality OEE will also take any quality loss issues into

With the economic climate still skirting around on the edge of recession , and more recent talk of a further drop, many manufacturing businesses are approaching crisis levels. In an effort to stay afloat , competition amongst rivals is becoming stronger, and the need to cut costs whilst maintaining quality , and using existing levels of resource, has never been stronger. The new OEE ( Overall Equipment Effectiveness ) software systems, play a significant role in optimizing manufacturing production efficiency using the same plant resource . This has fuelled significant interest from many manufacturers , and is rapidly being adopted as the tool of first choice to improve the cost v profit ratio . Companies that employ OEE systems in their most simple form are able to monitor how efficiently their plant is performing in terms of throughput and contribution to sales. But that is only scratching the surface in terms of what the real power is when it comes down to seeking and implemen