The Major Mistakes to Avoid When Putting Together Your Manufacturing KPI Dashboard

Overall Equipment Effectiveness, otherwise known as OEE for short, is all about continuously measuring availability, performance, and quality. The closer you can get to a 100% OEE score, the closer you are towards your goal of manufacturing high quality products as quickly as you can with little to no stop time to speak of.

In an effort to continually improve and increase that OEE score, many businesses turn to manufacturing KPI dashboards to put actionable data at their fingertips. But you must understand that this technique is not a silver bullet - it is very possible to get wrong, especially if you make a number of common mistakes along the way.

You're Tracking the Wrong KPIs

By far, the biggest mistake that you should avoid when it comes to OEE tracking and putting together a manufacturing KPI dashboard involves paying attention to the wrong KPIs to begin with.

In no uncertain terms, not all manufacturing organizations are created in the same way. The metrics that matter a great deal to a leader in the food and beverage space may be totally irrelevant to someone in pharmaceuticals. Those in automotive manufacturing probably don't care about the same things that someone in apparel and textiles manufacturing will need to know about.

For the best results, you can't rely on a generic set of KPIs to uncover opportunities for improvement because they likely won't. You need to populate your manufacturing KPI dashboard with the information that you need - the data that aligns with your long-term goals and that actually shows you which of your efforts are working and (most importantly) which ones aren't.

You're Not Drilling Down What You're Seeing

Another common mistake that a lot of people make, especially when they're new to the concept of a manufacturing KPI dashboard, has to do with not diving beneath the surface of what they're seeing on a daily basis.

To put it another way, it's one thing to know that you're dealing with unplanned downtime as it pertains to certain critical machines. But rather than continuing to try anything and everything to see what fixes your problem, you should be able to switch to a more detailed view to really get to the heart of the matter. Is it particular production lines that are having these issues, or is it the entire organization? Is it a matter of an older piece of machinery that needs to be replaced, or would a more proactive maintenance regimen be in order? Being able to drill down beyond the surface-level KPIs and answer these more specific questions is one of the keys of making the most of the insight being generated.

If you'd like to find out more information about the types of mistakes that you should try to avoid when putting together your own manufacturing KPI dashboard, or if you'd just like to talk a little bit more about what OEE software can do for your organization, please don't delay - contact the team at Thrive today.

Source URL:- https://thesocialvert.com/the-major-mistakes-to-avoid-when-putting-together-your-manufacturing-kpi-dashboard/

 

Comments

Post a Comment

Popular posts from this blog

The New OEE Impact Andon Boards for Spare Manufacturing System

Image
Andon can be defined as" visual control" device that shows machine, process status or line. Utmost spare manufacturing systems need this device as it's veritably useful to reduce product waste in all situations. By using andon boards, a company can cover and insure productivity fluently. Manufacturing storehouse use this tool to see order status or precedences in an instant way indeed from further than 100 bases down. This device can also serve as early warning bias since audible admonitions or advising dispatches are installed in the device. In short, it can be said that this communication tool leads to a better collaboration of orders, precedences and corridor in a spare manufacturing system. This good collaboration eventually leads to a better client service .    The use of andon boards replaces the part of traditional communication tool in spare manufacturing systems . With this device, now a company does not need to use clip boards, white boards or emails to communic
Read more

OEE Systems That Drive Down Manufacturing Costs Using Existing Resources

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
Read more

System improvements are brought about by the new Design for OEE methodology.

  If your firm uses automation to increase productivity , as most businesses do, OEE is a crucial statistic for evaluating where improvement efforts should be directed. All three OEE components —Availability, Performance, and Quality—apply if most of your production stages involve manufacturing machinery.   The component results have averaged 90%, 86%, and 98.7%, respectively, for the firms I have tracked and following some improvement attempts. The OEE for this is 76.4%. OEE of 85% is typically used as a world-class benchmark by enterprises . Even this standard for excellence can be surpassed with a change in emphasis regarding where improvements are made.   Most Lean Six Sigma practitioners have seen the cost and quality advantages of DFSS in the New Product Introduction process. Design For Overall Equipment Effectiveness , or DFOEE, is something I would want to propose that is similar and equally as advantageous. I agree that the DFSS technique may be used for machine design, an
Read more