Problem Statement - OEE (Overall Equipment Effectiveness) Calculation Improvements with some live software OR OEE Monitoring...
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Problem Statement - OEE (Overall Equipment Effectiveness) Calculation Improvements with some live software OR OEE Monitoring APP. Traditional Overall Equipment Effectiveness (OEE) is a well-established method for tracking process efficiency. OEE calculations factor in equip
Challenge description with context - 1. How Traditional OEE is Calculated: availability x performance x quality= OEE 2. Design a software or APP for android application which calculates OEE by applying a specific ideal rate for each job segment/machine combination. 3. In applications where a machine must make more than one cycle to produce a part, software automatically divides the ideal rate by the number of cycles required to make the part. 4. The software system keeps a running total of the actual parts produced by the machine.
Problem - Make the most out of a limited amount of investment capital. Avoid making inappropriate equipment purchases. Free up capacity to better compete for new business. Quickly highlight the greatest areas of improvement to provide the greatest return on asset. Prioritize Lean initiatives. Decrease costs through waste elimination. Shorten equipment ROI through increased utilization. Reduce investigation time for root cause analysis.
Users – MSME (Micro, Small and Medium Enterprises)
Expected Outcomes - As the currently available software are costly and based on high end system requirements. A simpler and easier version of the OEE improvement tool can be launched with less investment. The data input required can be understood by the shop floor manager. Return on Investment (ROI). Competitiveness. Get the best performance from the machinery. Increased process quality. Ability to measure and decide. Discover the Hidden Factory
Probable Discipline – Computer Science, Information Technology