Application of OEE measurement on Business profitability

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This course is all about improving your operational productivity and profitability by using simple, powerful operational excellence metric called OEE . This course is structured with basic understandings of OEE concept and its relevance to profitability, elements of OEE, How to calculate OEE with examples, misconceptions of OEE applications, step by step implementation process in any critical equipment, manufacturing line or plant with ready to use template, practical difficulties and insights in each stage, solutions approach to overcome the challenges in each step of implementation. To get confidence to implement OEE program in your organization irrespective of your industry background, I have given real case study examples of OEE implementation and its impact on business profitability in various industries and processes. This course is very useful if you struggle to improve your operational productivity in your organization. Ideal learning course for SME business owners, Plant heads, Manufacturing, Process Engineers, Managers, Executives, Industrial Engineers, Shop floor supervisors, Lean manufacturing champions, Operational excellence managers from manufacturing organizations in small, medium scale organizations of any industry background. At the end of the course, you will be able to re look at your organizational performance in a different perspective and ready to drive OEE measurement program to improve your productivity and profitability. Who is the target audience? Manufacturing professionals like Process, industrial engineers , managers, plant heads , CEO from SME organisations who would like to improve the business profitability and Management students who would like to enhance the professional value in the job market
  • Welcome & Introduction to the course
    00:03:22
    • About the course
      00:03:22
  • OEE measurement and its relevance to Operational Excellence
    00:17:10
    • Key learning from this session
      00:00:33
    • Understanding Operational Excellence

      You will understand the definition of Operational Excellence and its significance to organization and its customers.

      00:04:01
    • Measure of Operational Excellence

      You will understand typical measure of operational excellence and some of the important KPI's

      00:05:50
    • Typical mindset in measuring operational excellence and relevance of OEE

      ou will understand the relevance of OEE to operational excellence compared to any other standalone measuremen

      00:06:46
  • Introduction to OEE
    00:28:21
    • Key Learning from this session
      00:00:28
    • Definition of OEE and its extended terminology
      00:02:29
    • Understanding the term Effectiveness in oganisational setup
      00:07:14
    • Application of OEE measurement in organization
      00:03:09
    • Elements of OEE
      00:03:17
    • Advantages of OEE measurment
      00:06:38
    • Misconception about OEE application
      00:05:06
  • Operational Losses or Wastes in each element of OEE
    00:08:46
    • Key Learning from this session
      00:00:16
    • Typical operational losses in OEE-Utilization category

      You will learn the typical losses in utilization category with practical examples

      00:03:25
    • Typical operational losses in OEE -Performance category
      00:04:03
    • Typical operational losses in OEE -Quality category
      00:01:02
  • Calculating OEE
    00:13:15
    • Key Learning from this session
      00:00:49
    • Formula for calculating OEE
      00:02:05
    • Formula for calculating Utilization index

      You will learn the methodology to calculate OEE utilization index with practical examples

      00:04:46
    • Formula for calculating Performance index
      00:03:09
    • Formula for calculating Quality Performance index

      You will learn to calculate OEE quality performance index with example

      00:02:26
  • OEE program implementation steps in your organization
    00:06:08
    • Key learning from this session
      00:00:12
    • Step by step implementation process

      ou will learn step by step approach in implementing OEE program in your equipment or manufacturing line and the key insights in each step

      00:05:56
  • – OEE -Data collection and Analysis
    00:00:58
    • Practical format -learning purpose
      00:00:58
  • Typical Challanges in implementing OEE program in your organization
    00:08:00
    • Key learning from this session
      00:00:30
    • Implementation challanges and solutions approach

      You will learn implementation challanges in planning , data collection , analysis stages and practical solutions approach to manage the challanges

      00:07:30
  • Case study examples on OEE improvements and its impact on business profitability 2 Lectures
    00:05:58
    • Practical key learning from this session
      00:01:14
    • Real case study examples
      00:04:44
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