Thinking about expanding your business? Want to update your equipment to meet growing demand? Raising capital for business-growth initiatives is one of the biggest challenges Australian manufacturers face. But there is a solution… Grants. There are countless grants and funding programs available to help Australian manufacturers and processors. Many of these are government initiatives, but […]
That’s (nearly) it folks! While this decade isn’t quite over, the end of 2019 and moving into 2020 has a feeling of change. And looking back, there have been massive changes over the past 10 years. We’ve seen a growing use of automation and robotics, digitisation and data analytics. And watched 3G move to 4G and now 5G. More […]
* This article originally appeared as a guest post on the OFS blog. Overall Equipment Effectiveness (OEE) isn’t just for the big guys. Small and medium businesses can get the edge by getting smart with OEE. Here’s how. Overall Equipment Effectiveness (OEE) has long been associated with larger businesses, mainly because it was created during the […]
The region’s largest packaging and processing expo, AUSPACK, returns to Melbourne this week. Whether you’re a seasoned visitor or a first-timer, our guide will help you narrow down the events you simply cannot afford to miss. AUSPACK BUSINESS AND INDUSTRY CONFERENCE (Tues 26 to Wed 27 March) New for 2019, the AUSPACK Business and Industry Conference is […]
How is your production line doing right now? Do you know how efficient it is? Is there any downtime? Where are the bottlenecks? Manufacturing businesses are complex operations. Even the smallest manufacturers can struggle to keep an eye on what’s going on, let alone if you have multiple production lines and multiple sites. Imagine if […]
2018 is almost over and what a year it was! We found needles in strawberries, saw a surge in food fraud and an outbreak in listeria from contaminated rock melons. We observed the rolling of another Australian prime minister, while the positive growth in Australian manufacturing continued. We watched Apple become the world’s first US$1 trillion business and blockchain start making waves […]
“If you can’t measure it, you can’t improve it.” – Peter Drucker One of the most important quotes in business management couldn’t be more important for Australian manufacturers today. With the right metrics, you can understand what’s working in your production line, and what’s not. You can find weak spots and barriers to efficient production. […]
Why is OEE such a popular manufacturing-operation metric? The reason is simple: OEE can deliver accurate and actionable information to manufacturers for significant productivity improvement. First, a reminder of some OEE basics: OEE (Overall Equipment Effectiveness) is a best-practice metric for measuring the effectiveness and efficiency of a manufacturing process.Calculated asthe product of three factors […]
Overall Equipment Effectiveness (OEE) is a powerful metric. Considered the gold standard for measuring manufacturing productivity, the OEE key performance indicator (KPI) brings together data on availability, performance and quality to tell you the percentage of manufacturing time that is truly productive. How to calculate OEE OEE is measured as the product of three factors […]
They say that if you can measure it, then you can improve it. In manufacturing today, measurement is critical to success. You need to have a strategy in place to measure and improve your performance (and your bottom line). OEE should be a part of that plan. So, what does OEE stand for? What is […]