Ahmed, Mohamed (2020) SWOT Analysis: Developing the key figure Overall Equipment Effectiveness (OEE). Integration Project, Industrial Engineering and Management.
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Abstract
OEE is considered the key performance measurement for successful implementation of Total Productive Maintenance (TPM) activities. It is, and still, becoming increasingly popular, being used as a quantitative tool essential for measuring productivity and improving their asset utilization. Despite its many benefits, the key figure OEE has received criticism both in literature and application, whilst researchers are yet to comprehensively address this issue. As such, this research aims to address this knowledge gap via exploring the strengths, weaknesses, threats, and possible opportunities as to how to further develop or redesign this metric to overcome some of its limitations. Consequently, two new factors, usability and customer requirement rate, were incorporated into the original OEE method to overcome its identified limitations. A three-case numerical example is used to demonstrate the benefits of the proposed OEE. It was applied and compared with the original OEE method using a one-machine model, representing a generic bottleneck process. The new OEE measurement’s value can mainly be attributed to its more meticulous classification of losses, and its recognition of customer demand fluctuations. These two additional elements of OEE contribute to its expansion and maturity as a TPM performance measurement system.
| Item Type: | Thesis (Integration Project) |
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| Supervisor name: | Hubl, A. and Munoz Arias, M. |
| Degree programme: | Industrial Engineering and Management |
| Thesis type: | Integration Project |
| Language: | English |
| Date Deposited: | 23 Jun 2020 13:47 |
| Last Modified: | 23 Jun 2020 13:47 |
| URI: | https://fse.studenttheses.ub.rug.nl/id/eprint/22111 |
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