OEE (Overall Equipment Effectiveness) is the gold standard for measuring manufacturing productivity. Simply put – it identifies the percentage of manufacturing time that is truly productive. An OEE score of 100% means you are manufacturing only Good Parts, as fast as possible, with no Stop Time. In the language of OEE that means 100% Quality (only Good Parts), 100% Performance (as fast […]
Read moreOne of the hottest, most important ideas in decades is the concept now known as Industry 4.0. This is not a new concept, but is a continuation of the advancement of technology to support product manufacturing. It demarcates one of those times when technology and society is beginning to intersect to change the way we […]
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Industry 4.0 is a name for the current trend of automation and data exchange in manufacturing technologies. It is also know as the Smart Factory or “Lights-out Manufacturing”. It includes cyber-physical systems, the Internet of things, cloud computing[1[2][3][4] and cognitive computing. Artificial Intelligence (AI) plays a large role in executing the smart factory as do industrial robots and autonomous mobile robots, which are […]
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