Application of OEE measurement on Business profitability
4.3 (21 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
1,130 students enrolled
Wishlisted Wishlist

Please confirm that you want to add Application of OEE measurement on Business profitability to your Wishlist.

Add to Wishlist

Application of OEE measurement on Business profitability

Learn how to improve productivity and profitability using simple,powerful operational excellence measurement "OEE"
4.3 (21 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
1,130 students enrolled
Created by Ganesh Babu
Last updated 9/2016
English
Price: Free
Includes:
  • 1.5 hours on-demand video
  • 1 Supplemental Resource
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • At the end of my course,student will be able to apply OEE metric in critical equipment or manufacturing line and able to drive waste elimination efforts in holistic manner to achieve business profitability
View Curriculum
Requirements
  • If you are a manufacturing professional, just be aware of performance measures being used in your organization to measure equipment, manpower ,product quality and plant effectiveness.This awareness will help you to understand the gap in current and future state as completing this course.
Description

This course is all about improving your operational productivity and profitability by using simple, powerful operational excellence metric called OEE .

This course is structured with basic understandings of OEE concept and its relevance to profitability, elements of OEE, How to calculate OEE with examples, misconceptions of OEE applications, step by step implementation process in any critical equipment, manufacturing line or plant with ready to use template, practical difficulties and insights in each stage, solutions approach to overcome the challenges in each step of implementation.


To get confidence to implement OEE program in your organization irrespective of  your industry background, I have given real case study examples of OEE implementation and its impact on business profitability in various industries and processes.

This course is very useful if you struggle to improve your operational productivity in your organization. Ideal learning course for SME business owners, Plant heads, Manufacturing, Process Engineers, Managers, Executives, Industrial Engineers, Shop floor supervisors, Lean manufacturing champions, Operational excellence managers from manufacturing organizations in small, medium scale organizations of any industry background.


At the end of the course, you will be able to re look at your organizational performance in a different perspective and ready to drive OEE measurement program to improve your productivity and profitability.


Who is the target audience?
  • Manufacturing professionals like Process, industrial engineers , managers, plant heads , CEO from SME organisations who would like to improve the business profitability and Management students who would like to enhance the professional value in the job market
Compare to Other Business Fundamentals Courses
Curriculum For This Course
28 Lectures
01:31:58
+
Welcome & Introduction to the course
1 Lecture 03:22
About the course
03:22
+
OEE measurement and its relevance to Operational Excellence
4 Lectures 17:10
Key learning from this session
00:33

You will understand the definition of Operational Excellence and its significance to organization  and its customers.

Understanding Operational Excellence
04:01

You will understand typical measure of operational excellence and some of the important KPI's

Measure of Operational Excellence
05:50

You will understand the relevance of OEE  to operational excellence compared to any other standalone measurement

Typical mindset in measuring operational excellence and relevance of OEE
06:46
+
Introduction to OEE
7 Lectures 28:21
Key Learning from this session
00:28

Definition of OEE and its extended terminology
02:29

Understanding the term Effectiveness in oganisational setup
07:14

Application of OEE measurement in organization
03:09

Elements of OEE
03:17

Advantages of OEE measurment
06:38

Misconception about OEE application
05:06
+
Operational Losses or Wastes in each element of OEE
4 Lectures 08:46
Key Learning from this session
00:16

You will learn the typical losses in utilization category with practical examples

Typical operational losses in OEE-Utilization category
03:25

Typical operational losses in OEE -Performance category
04:03

Typical operational losses in OEE -Quality category
01:02
+
Calculating OEE
5 Lectures 13:15
Key Learning from this session
00:49

Formula for calculating OEE
02:05

You will learn the methodology to calculate OEE utilization index with practical examples 

Formula for calculating Utilization index
04:46

You will learn to calculate the performance index with example

Formula for calculating Performance index
03:09

You will learn to calculate OEE quality performance index with example

Formula for calculating Quality Performance index
02:26
+
OEE program implementation steps in your organization
2 Lectures 06:08
Key learning from this session
00:12

You will learn step by step approach in implementing OEE program in your equipment or manufacturing line and the key insights in each step 

Step by step implementation process
05:56
+
OEE -Data collection and Analysis
1 Lecture 00:58
Practical format -learning purpose
00:58
+
Typical Challanges in implementing OEE program in your organization
2 Lectures 08:00
Key learning from this session
00:30

You will learn implementation challanges  in planning , data collection , analysis stages and practical solutions approach to manage the challanges

Implementation challanges and solutions approach
07:30
+
Case study examples on OEE improvements and its impact on business profitability
2 Lectures 05:58
Practical key learning from this session
01:14

Real case study examples
04:44

This quiz will help you to test your conceptual understanding of OEE measurement

Testing your understanding on OEE Concept
3 questions
About the Instructor
Ganesh Babu
4.3 Average rating
21 Reviews
1,130 Students
2 Courses
SME Business Transformation Expert

I am Ganesh Babu, Founder & CEO of Winning Minds Solutions, a business consulting firm helps small, emerging medium size (SME's) organizations that struggle with profitability and growth.

Graduated in industrial engineering with 22 years contribution in various functions like Industrial Engineering, Manufacturing systems, Operations and Project management in leading multinational organizations in India, I gained hands on experience in converting low-performance organization into high performance. 

My core expertise areas are Lean Manufacturing, Process / Industrial Engineering, Plant layout designing, New Product development through Project Management and people development. 

Since 2012, my organization Winning Minds Solutions has so far helped more than 50 organizations to improve productivity, sales turnover through efficiency improvements, business profitability and build a performance-based culture to sustain the business profitability & growth.

My unique strength is facilitating the team to implement the solutions and show results that enable repetitive engagement and referrals of our services.

I am the author of 2 books namely Business (Head) Transformation & Thoughts on Life Excellence. I am regularly writing and speaking on personal and business transformation subject in online and different forums.