Project 2 - A project on creating Key Performance Indicator (KPI) dashboard for an Automotive Manufacturing company
1.Explain each KPI - OEE, Availability, Performance, Quality, MTTR, Pareto of losses.
Availability: Run Time/Planned Production Time
Availability cannot be more than 100%
Quality: Total good quality product/Total Count
Quality should never be compromised to improved availability
Performance: Total count / Runtime
OEE: Overall Equipment Effectiveness (Availability*Performance*Quality)
MTTR: Mean Time to Repair Availability: Run Time/Planned Production Time
Availability cannot be more than 100%
Quality: Total good quality product/Total Count
Quality should never be compromised to improved availability
Performance: Total count / Runtime
OEE: Overall Equipment Effectiveness (Availability*Performance*Quality)
MTTR: Mean Time to Repair
- Explain how the data required for calculation for each KPI is captures in a factory?
Overall Equipment Effectiveness (OEE)
OEE is a manufacturing KPI that combines line availability, performance efficiency and quality of a specific line, equipment or process. Management commonly evaluates this KPI to compare performance among similar or identical machines, lines, or plants. OEE is a ratio usually expressed as a percentage.
Calculate OEE by multiplying the three factors: plant availability, performance efficiency, and FTT/quality.
Downtime
Downtime is a period when the line or operation is down or not producing any products. When production doesn’t take place, money doesn’t come in
Uptime
If downtime tracks the time that a line is down, uptime tracks the opposite: the time that a production line or process makes money for the business. Manufacturers asses this process or production-performance KPI individually or together with the downtime KPI. Uptime is also a required KPI to calculate the OEE KP
Uptime = Run-Time (Production) ÷ Total Available Time
Production Target
Production target is a simple and common production-process KPI. The production target is the amount of production (in terms of units) the manufacturer expects to produce in a certain time period. Tracking production counts and target allows for visibility of production performance.
Defects On a Line
Defect tracking is an important KPI in the production environment.