Financial OEE includes Theory of Constraints According to Memex Automation
Robert C. Hansen author of Overall Equipment Effectiveness: A Powerful Production/Maintenance Tool for Increased Profits, discusses in great detail the role of OEE in driving profitability. According to John Rattray of Memex Automation (www.memex.ca), “We consider this text to be the premier book on the principles of OEE – Overall Equipment Effectiveness. Hansen demonstrates that for a manufacturer, a 10% improvement in OEE can generate a 60+% improvement to EBIT – representing millions of dollars to the bottom line profit.”
Original article posted in PRLog. Link to original article.