Evaluation of overall equipment effectiveness based on market

Abstract

Purpose: Continuous manufacturing systems used within the steel industry involve different machines and processes which are arranged in a sequence of operations in order to manufacture the products. The steel industry is generally a capital-intensive industry and because of high capital investment, equipment utilization as effectively as possible is of high priority. This paper illustrates a new method, Overall Equipment Effectiveness-Market Based (OEE-MB) for the precise calculation of equipment effectiveness for full process cycle in order to respond to the steel market. Design/methodology/approach: A refinement of the existing concept of OEE is developed based on a new scheme for loss analysis within market time. The paper illustrates the concept with a case study based on compact strip manufacturing processes within the steel industry. Findings: While, the results for OEE by ignoring a considerable amount of possible hidden losses might be satisfying, the OEE-MB report shows potential room for improvement. It reflects changes in both internal and external market for the steel industry, and therefore provides a tool for not only monitoring but also managing improvement. Practical implications: OEE-MB provides a sound perspective on improvement of steel plants by taking into consideration all losses within market time for meeting both internal and external demands. Originality/value: OEE-MB monitors production and measures the equipment effectiveness for full process cycle in order to meet the market. It makes communication more efficient and easier within the steel industry and may be used as a benchmark to achieve world-class standard.

Developing Decision Making Grid for Maintenance Policy Making Based on Estimated Range of Overall Equipment Effectiveness

“…To address this issue, they used mapping of guiding circles of maintenance and their contrasting relationships in the organization, and stated that the performed activities with short term objectives (as an incorrect term) have ruined organizational capabilities in long term and will result in decreasing OEE. Anvari et al (2010) introduced a new method entitled OEE-BM for measuring equipment effectiveness in the steel industry. This new method reflects internal and external changes in markets, and therefore is an appropriate tool for improvement management and administration.…”

Novel availability and performance ratio for internal transportation and manufacturing processes in job shop company

“…In addition, the losses exist within market time of satisfying the needs of internal and external markets have been considered (Anvari et al, 2010). The time losses before the loading time or within the market time is not classified as losses until the operation time of machine could not meet the market demand from either internal or external.…”

Practical Aspects of OEE in Automotive Company - Case Study

“…single machine, production line, entire company ( [11], [12], [13], [14], [15], [16], [17], [18], [19], [20]),  Specific characteristics of an industry ( [21], [22], [23], [24], [25]). Although OEE originated as a part of TPM, it has also been used extensively outside the maintenance paradigm [19].…”