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According to one recent report   the global market for OEE (Overall Equipment Effectiveness) software isn't just growing. It's anticipated to touch a new level by as soon as the end of the year. It certainly makes sense, particularly as manufacturing businesses search for more precise ways to empower their continuous improvement efforts. Understanding in fine detail how you're doing in terms of quality, availability, and performance doesn't just show off which of your efforts are working - it singles out which ones could use a bit of work, too. Of course, all of this demands the question - is OEE software about to reach its saturation point in the manufacturing sector, or have we only just hit the tip of the proverbial iceberg in terms of what it can do and what it allows organizations to accomplish? All it takes is one look at what else is going on in the industry to see that all signs point very firmly towards the latter. The Prominence of OEE Software: Breaking...

When it comes to equipment downtime tracking, a manufacturer's number one goal will always be continuous improvement. No piece of machinery, regardless of quality, will go without the occasional issue for its entire lifespan. But as you learn more about what you're doing that isn't working, you can fix those issues to increase performance - thus getting the highest possible return out of your investment. That simple idea is at the heart of many emerging trends in the manufacturing industry, with digital twins being chief among them. They've become commonplace over the last few years thanks to the rise in smart manufacturing and they offer a number of distinct benefits that cannot be ignored. Why Digital Twins Are Becoming More Popular All the Time At its core, a "digital twin" is essentially a virtual model of not only the machines that are in operation on your factory floor, but the processes that control them. The goal is to collect as much data as you can i...

If you had to make a list of all the elements that contribute to a manufacturing organization's OEE tracking  success, accountability would be right at the top. It's easy to say to employees that you're having issues in terms of quality, availability, or overall performance. It's another thing entirely to explain what that means in a way that gets people to buy into it. In a way that helps them understand why any proposed changes are absolutely the right move to make at exactly the right time. Even the best OEE software  in the world won't necessarily do this on its own... but a digital champion for all of your Overall Equipment Effectiveness efforts can. A Champion Rises On the one hand, there is quite a bit that the right piece of OEE and machine downtime tracking software like Thrive can do for your business on its own. For starters, it can ingest the historical data that your business is creating in a way that makes it easy to see not only what you'r...

One of the most important things to understand about OEE (Overall Equipment Effectiveness) is that it isn't the "means to an end" that a lot of people assume it to be. Yes, understanding your manufacturing business' relationship between quality, performance, and availability is always important. But just because you're comfortable with your initial OEE score doesn't mean the journey is over. In many ways, it's just beginning. With the right OEE software by your side, this process can unlock a wealth of insight you wouldn't otherwise have access to. That's step one. Step two involves taking that insight and putting it into practice, capitalizing on opportunities for continuous improvement all the while. Machine Downtime Tracking: Your Next Steps For the sake of example, let's consider all this within the context of a pain point that most manufacturers share: unplanned equipment downtime. According to one recent study ,  when all factor...

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...

Overall Equipment Effectiveness, otherwise known as OEE for short, is all about one simple concept: understanding the overall productivity of your manufacturing operations. It does this by taking a look at three core qualities that are totally industry agnostic: availability, quality, and performance. The higher your OEE score, the better you're doing - which is always the desired end result. Yet at the same time, many people can get caught up in the "math" of it all and assume that OEE is a lot more complicated than it really is. Yes, the data being used to help calculate this score and illustrate where things can be improved is sophisticated - but automation and visualization in particular still make this all so easy that virtually anyone can do it. Real-Time Insights Create Real-Time Progress When you have the right OEE tracking   software like Thrive at your side, you have more than just a way to ingest historical data and calculate a rudimentary OEE score. Yo...

  Each year, millions of people establish small businesses in an effort to thrive in the cutthroat industry of marketing. You must have the proper combination of goal-driven activities in order to stay one step ahead of your competitors in this environment of intense competition. Before you can build efficient methods , you must first have a sizable collection of marketing data and good reporting tools that can uncover the data and give you deeper insights into your company's operations. If you have more knowledge , you may be able to make choices that will benefit your business and pave the road for its growth. To help you with the process of integrating market data, we've included some of the top marketing reporting tools below: Zoho Analytics: The entire credit for Zoho Analytics ' exceptional functionality lies in its extensive feature set. The AI, machine learning, and natural language processing technologies supporting the BI platform enable it to carry ou...