Application of OEE measurement on Business profitability

Learn how to improve productivity and profitability using simple,powerful operational excellence measurement "OEE"
Rating: 3.9 out of 5 (131 ratings)
4,166 students
Application of OEE measurement on Business profitability
Rating: 3.9 out of 5 (131 ratings)
4,166 students
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

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
Curriculum
9 sections • 29 lectures • 1h 32m total length
  • About the course
  • Key learning from this session
  • Understanding Operational Excellence
  • Measure of Operational Excellence
  • Typical mindset in measuring operational excellence and relevance of OEE
  • Key Learning from this session
  • Definition of OEE and its extended terminology
  • Understanding the term Effectiveness in organisational setup
  • Application of OEE measurement in organization
  • Elements of OEE
  • Advantages of OEE measurment
  • Misconception about OEE application
  • Key Learning from this session
  • Typical operational losses in OEE-Utilization category
  • Typical operational losses in OEE -Performance category
  • Typical operational losses in OEE -Quality category
  • Key Learning from this session
  • Formula for calculating OEE
  • Formula for calculating Utilization index
  • Formula for calculating Performance index
  • Formula for calculating Quality Performance index
  • Key learning from this session
  • Step by step implementation process
  • Practical format -learning purpose
  • Key learning from this session
  • Implementation challanges and solutions approach
  • Practical key learning from this session
  • Real case study examples
  • Bonus Lecture
  • Testing your understanding on OEE Concept

Instructor
Small,Emerging (SME's) Business Transformation Expert
Ganesh Babu
  • 3.9 Instructor Rating
  • 193 Reviews
  • 5,338 Students
  • 10 Courses

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 24 years of 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 organizations 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. Certified Project Management Professional (PMP) from PMI, USA. 

Since 2012, my organization Winning Minds Solutions has so far helped more than 70 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 3 books, namely Maximizing Profitability in small, emerging organizations, Business (Head) Transformation & Thoughts on Life Excellence. I am regularly writing and speaking on personal and business transformation subject in online and different forums.