What is an OEE Calculator, and what are best practices, tools and online templates for teams and organizations?
Definition of OEE Calculator
In Lean Six Sigma, OEE stands for Overall Equipment Effectiveness, and is generally considered to refer to a measurement in “Total Productive Maintenance” programs. The measure looks at effectiveness and efficiency of machinery or processes and is commonly referred to in reference to Lean Manufacturing.
OEE seeks to answer three machine performance related questions:
- How often is the machine available to run?
- How fast does it run when it’s running?
- How many acceptable parts were produced in the allotted time?
The formula used to calculate OEE is as follows:
OEE = Availability x Performance x Quality
Description of OEE Calculator
The OEE Calculator helps business leaders and managers estimate the Overall Equipment Effectiveness of their machinery and processes based on a high level analysis of Availability, Performance and Quality. The calculator takes inputs as the three key variables which determine machinery effectiveness and then multiply them together to get an overall OEE score (typically shown as a percentage). When considering how best to calculate and measure OEE, remember that the key to accurate data collection is using a consistent and standard definition for each of the key metrics.
Tools & Templates
The tools and resources that leaders use to make the most of the OEE Calculator template are systems availability reports, performance metrics, error figures and production numbers.
upBOARD's Online OEE Calculator Tools & Templates
Unlike most traditional process checklists and problem solving models, upBOARD’s online OEE Calculator tool allows any team or organization to instantly begin working with our web templates and input forms. Our digital platform goes far beyond other software tools by including progress dashboards, data integration from existing documents or other SaaS software, elegant intuitive designs, and full access on any desktop or mobile device.
Learn more about upBOARD’s portfolio of other business strategy best practice tools and templates, including:
2 X 2 Matrix, ADL Matrix, Affinity Diagrams, Baker’s 4 Strategies of Influence, Balanced Scorecard, Benchmarking, Blue Ocean Strategy, Bowman Strategy Clock, Build-Measure-Learn Feedback Loop, Business Model Canvas, CAGE Distance Framework, Competitive Analysis, Competitive Landscape Analysis, Contingency Planning, Core Competence Analysis, Critical Success Factors, Discovery Driven Planning, Economic Value Added, First Mover Advantage, Five Forces Model, Force Field Analysis, Gap Analysis, GE McKinsey 9-Box Matrix, Go To Market Strategy, Hambrick & Frederickson’s Strategy Diamond, Hedgehog Model, Hook Model of Behavioral Design, Hoshin Planning System, Kay’s Distinctive Capabilities Framework, Key Outcome Indicators, Kotler’s Five Product Levels Model, Kotler’s Pricing Strategies, Lafley & Martin’s Five Step Strategy Model, McKinsey 7S Model, McKinsey’s Seven Degrees of Freedom for Growth, Mergers & Acquisitions, Mission Statements, Mullin’s Seven Domains Model, OGSM Framework, Ohmae’s 3-C’s Model, Partner Relationship Management, PEST Analysis, PESTLE Analysis, Porter’s Diamond, Portfolio Management, Purpose Statements, Pyramid of Purpose, Scenario Planning, Simonson & Rosen’s Influence Mix, SMART Performance Metrics, SMARTER Goals, SOAR, Strategic Goals, Strategy Map, Strategy Roadmap, Strategy Uncertainty Map, SWOT Analysis, TOWS Matrix, Triple Bottom Line, USP Analysis, Value Chain Analysis, Value Disciplines Model, Value Net Model, Values Statement, Vision Statements, VRIO Analysis, and Weisbord’s Six-Box Model.