Overall Equipment Effectiveness
2 July 2021
Overall Equipment Effectiveness (OEE) measures the extent to which existing machines and equipment is producing the desired output. Overall Equipment Effectiveness (OEE) is a composite KPI that measures output based on capacity taking into account process availability, efficiency and quality.
OEE = Availability x Performance x Quality
This indicator is included in the book: Key Performance Indicators – the 75+ measures every manager needs to know, which contains an in-depth description of this KPI, as well as practical advice on data collection, calculations, target setting, and actual usage.
Related Articles
The Rise Of AI-Enabled Virtual Pets: Why Millions Are Raising Digital Companions
Remember Tamagotchis? Those tiny digital pets that had millions of kids frantically pressing buttons to keep their virtual companions alive in the 1990s?[...]
The Dark Side Of AI: How Deepfakes And Disinformation Are Becoming A Billion-Dollar Business Risk
Every week, I talk to business leaders who believe they're prepared for AI disruption. But when I ask them about their defense strategy against AI-generated deepfakes and disinformation, I'm usually met with blank stares.[...]
Why You Should Be Polite To ChatGPT And Other AIs
In my latest conversation with ChatGPT, I caught myself saying "please" and "thank you." My wife, overhearing this, couldn't help but laugh at my politeness toward a machine.[...]
The 7 Revolutionary Cloud Computing Trends That Will Define Business Success In 2025
Picture this: A world where quantum computing is as accessible as checking your email, where AI automatically optimizes your entire cloud infrastructure, and where edge computing seamlessly melds with cloud services to deliver lightning-fast responses.[...]
AI And The Global Economy: A Double-Edged Sword That Could Trigger Market Meltdowns
The stock market's current AI euphoria, driven by companies like NVIDIA developing powerful processors for machine learning, might mask a more troubling reality.[...]
How The 2025 Presidential Election Could Transform The Future Of AI In America And Beyond
The clock is ticking toward what might be the most consequential technological crossroads in American history.[...]
Sign up to Stay in Touch!
Bernard Marr is a world-renowned futurist, influencer and thought leader in the fields of business and technology, with a passion for using technology for the good of humanity.
He is a best-selling author of over 20 books, writes a regular column for Forbes and advises and coaches many of the world’s best-known organisations.
He has a combined following of 4 million people across his social media channels and newsletters and was ranked by LinkedIn as one of the top 5 business influencers in the world.
Bernard’s latest book is ‘Generative AI in Practice’.
Social Media