OEE (Back to Basics)

[Audio] OEE and also called Overall Equipment Effectiveness - ( Back to Basics) Presentation 5.03 Playbook..

[Audio] OEE stands for Overall Equipment Effectiveness and is used as Key Performance Indicator (KPI) to measure machine effectiveness and efficiency. The three key objectives of this module is: 1. To have a standardized methodology for measuring Overall Equipment Effectiveness across all three business units. 2. Capture True OEE one, along with the current OEE two, KPI measurement. 3. Entering Speed Loss and standardize reporting of Chargeable vs Non-Chargeable hours. In the following slides, we will discuss the current state OEE measurement, called historically at Pactiv as OEE two and Future state OEE calculation, referred as "True OEE one". OEE two will continue to be measured as a KPI along with an additional measurement of " True OEE one".