Evaluation of Overall Equipment Effectiveness and Total Effective Equipment Performance: A case study
Keywords:
Performance analysis, Operations management, Overall equipment effectiveness, Total effective equipment performance.Abstract
– Intensive business competition pushes commercial companies to enhance their performance, effectiveness
and efficiency. It is therefore very important to accurately measure and track the performance and effectiveness of a
company. This can reveal the real picture of the company’s performance. Overall equipment effectiveness (OEE) is a
widely used metric in production industry, which measures the performance of a company against three factors namely
availability, performance and quality. Total effective equipment performance (TEEP) is based on OEE and measures
performance with respect to All time. In this study these two metrics are used to analyze the performance of a cattle feed
manufacturing plant in Kerala. The study aims to identify the bottleneck in the production process and to calculate OEE
and TEEP at the bottleneck. The calculated values are then compared to the values for world class manufacturing
processes to find out the present position of the company.
