OEE loss factors can significantly impact the productivity, efficiency, and profitability of a manufacturing facility. Therefore, it is essential to monitor and minimize these factors continuously to optimize production equipment performance and increase overall efficiency.
Posted by: Infoveave Team Date: 10 March 2023 An equipment challenge of any degree results in manufacturing downtime. Even a minor blockage in the equipment ends up hampering the manufacturing efficiency. And there is no guarantee that similar problems won’t occur again. So, how do businesses overcome these manufacturing hurdles? For years, manufacturers strived to […]
Posted by: Infoveave Team Date: 21 Jan 2023 OEE stands for Overall Equipment Effectiveness. As the name suggests, the goal of OEE is to ensure the maximum efficiency of a manufacturing equipment while minimizing waste. Minimizing waste in terms of raw materials, time invested and resources. However, manufacturing plants are often plagued by instances of […]
Posted by: Infoveave Team Date: 09 Feb 2023 OEE has become an important driver for businesses in achieving manufacturing intelligence. Industry 4.0 technologies enable businesses to gain insights into their production processes. Every manufacturer’s roadmap to maximizing OEE efficiency is going to vary based on their business requirements. Improving the OEE may involve making a […]
Posted by: Infoveave Team Date: 13 Dec 2022 OEE by itself does not automatically solve any manufacturing problems. Rather, it is a gateway to identify inefficiencies and the causes behind them. Yet, calculating OEE has become a tedious task for manufacturers. There is too much company data floating around for every enterprise. Verifying every piece […]
Posted by: Infoveave Team Date: 05 Jan 2023 The concept of OEE originated in an era of manufacturing that didn’t deal with smart technologies. Today, capabilities like AI, ML, and IIoT allow companies to track machine health and performance in real time. This allows manufacturers to improve equipment reliability and unlock continuous improvement. Manufacturers are […]
Finance and Accounting (F&A) depend on accuracy, and hence, this is one of the most complex problems to solve. According to a report by McKinsey Global Institute, Robotic Process Automation, or RPA, can contribute up to 44% of the Finance and Accounting sector.
A chief data officer is a business officer in charge of enterprise-wide data governance and asset utilization through data processing, analysis, data mining, information trading, and other methods.
Nguage forms simplify all the data collection procedure simple for your business. Language forms can be created using the measures and dimensions used in the original data source.
Companies must take an active part in managing and securing their data throughout its lifespan if they are to address this issue effectively. Data Management does just that.