Emphasize the gap between current operations and the world-class future state. Understand the difference between TEEP and OEE to set defined goals for each and achieve world-class manufacturing status. Often when the overall benefits are computed, organizations “discover” that capital additions for capacity require $10.00 for every $1.00 invested in achieving capacity via world-class TEEP. Meaning that expanding into a larger facility is not always the only option to dramatically increase productivity.
To ensure optimum profitable manufacturing, two important aspects for developing a strategy for a long-term successful program must be explored:
- Understanding Total Effective Equipment Performance (TEEP) vs. Overall Equipment Effectiveness (OEE)
- Speed to Proficiency
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