Application of OEE measurement on Business profitability

Learn how to improve productivity and profitability using simple,powerful operational excellence measurement "OEE"

Created byGanesh Babu

Last updated 5/2020

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What you'll 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

Course content

9 sections • 29 lectures • 1h 32m total length

About the course3:22
Learn how oee measurement drives business profitability for small and mid-size manufacturers with practical steps and solutions. Build operational excellence through addressing losses, implementation challenges, and performance metrics.

Key learning from this session0:33
Explore how OEE measurement relates to operational excellence and continuous improvement, clarifying its relevance, interpretation, and alignment with Bowmans indicators and mission levels.
Understanding Operational Excellence4:01
You will understand the definition of Operational Excellence and its significance to organization and its customers.
Measure of Operational Excellence5:50
You will understand typical measure of operational excellence and some of the important KPI's
Typical mindset in measuring operational excellence and relevance of OEE6:46
You will understand the relevance of OEE to operational excellence compared to any other standalone measurement

Key Learning from this session0:28
Explore how oee measurement informs the application areas of the organization to improve productivity and profitability, address misconceptions, and illuminate the key elements of oee.
Definition of OEE and its extended terminology2:29
Define oee and its extended terminology, and show how equipment effectiveness applies from individual machines to assembly lines, fabrication shops, and plant-wide performance.
Understanding the term Effectiveness in organisational setup7:14
Understand how effectiveness in organizational setups is defined by availability, efficiency, and quality. See how these OEE components combine into a holistic measure that links performance to business profitability.
Application of OEE measurement in organization3:09
Elements of OEE3:17
Explore how downtime, operator productivity, and product quality drive OEE and impact business profitability. Identify how downtime, operator productivity, and quality losses arise from maintenance, changeovers, and quality delays.
Advantages of OEE measurment6:38
Discover how OEE measurement simplifies complex manufacturing losses into clear categories, enabling targeted improvements, better decision making, and boosted profitability.
Misconception about OEE application5:06

Key Learning from this session0:16
Learn the elements of the OEE framework, define each element, identify the losses covered under each element, and review examples of those losses.
Typical operational losses in OEE-Utilization category3:25
You will learn the typical losses in utilization category with practical examples
Typical operational losses in OEE -Performance category4:03
Typical operational losses in OEE -Quality category1:02
Explore typical losses in the quality category of oee, including rejects, scrap, and product defects, and understand how these quality losses impact business profitability through oee.

Key Learning from this session0:49
Learn to calculate each element of the measurement framework, identify the parameters and technologies involved, and apply daily calculations using standard templates and software for business profitability.
Formula for calculating OEE2:05
Learn how to calculate overall equipment effectiveness (OEE) from daily manufacturing data using its three categories. See a practical example showing the OEE calculation and its relevance to profitability.
Formula for calculating Utilization index4:46
You will learn the methodology to calculate OEE utilization index with practical examples
Formula for calculating Performance index3:09
You will learn to calculate the performance index with example
Formula for calculating Quality Performance index2:26
You will learn to calculate OEE quality performance index with example

Key learning from this session0:30
Identify the challenges in implementing the program, examine typical hurdles at each implementation step, and learn the solution approach to manage them within the organization.
Implementation challanges and solutions approach7:30
You will learn implementation challanges in planning , data collection , analysis stages and practical solutions approach to manage the challanges

Practical key learning from this session1:14
Discover how OEE measurement connects manufacturing improvements to business profitability through real-world case examples across industries, highlighting loss prevention, cost reduction, and profitability impact.
Real case study examples4:44
Explore real case studies of oee-driven improvements in funding, auto, and casting processes, lifting oee from about 60% to 74% and reducing manufacturing costs through root-cause analysis and continuous tracking.
Bonus Lecture1:00
Testing your understanding on OEE Concept

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 a 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 the template, practical difficulties and insights in each stage, solutions approach to overcome the challenges in each step of implementation.

To get confidence to implement the 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 beneficial 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 from a different perspective and ready to drive the OEE measurement program to improve your productivity and profitability.

Who this course is for:

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

Application of OEE measurement on Business profitability

What you'll learn

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Course content

Welcome & Introduction to the course1 lecture • 3min

OEE measurement and its relevance to Operational Excellence4 lectures • 17min

Introduction to OEE7 lectures • 28min

Operational Losses or Wastes in each element of OEE4 lectures • 9min

Calculating OEE5 lectures • 13min

OEE program implementation steps in your organization2 lectures • 6min

OEE -Data collection and Analysis1 lecture • 1min

Typical Challenges in implementing OEE program in your organization2 lectures • 8min

Case study examples on OEE improvements and its impact on business profitability3 lectures • 7min

Requirements

Description

Who this course is for: