Are you achieving the KPI results you need? Take a look at these interactive Trend/Pareto/Paynter dashboard examples to see how we can get you there for any KPI: safety, throughput, quality defects, scrap, P&L, OEE, costs, on-time delivery, employee retention, inventory, machine event logs, & many others. Introductory Smartphone Dashboard Example https://lnkd.in/g86aQZqu Introductory Dashboard Example in Power BI https://lnkd.in/gA3nX6gi Introductory Dashboard Example for Labor Cost in Excel https://lnkd.in/gRDxBraB Dashboard Example for Labor Cost with Action Impact Forecasting (AIF) https://lnkd.in/gMrxK5wj Dashboard Example for Overhead Cost with AIF https://lnkd.in/gYfSRrx5 For more information or to message us, click on our logo above; or click on “Learn more” to schedule a call or demo. #analytics #data #operationsmanagement #executivesandmanagement #leanmanufacturing #manufacturing #automotive #lean #continuousimprovement #operations #operationalexcellence #kpi #productivity #excel #powerbi
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Information Services
Our KPI dashboards change the way people think about attacking any KPI!
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Need to reduce your expenditures? Here's a data-driven method to attack them systematically for maximum impact. Our cost reduction dashboards: - are fed by your existing transaction data - update automatically as often as needed for real-time awareness - use our analytics to provide visual feedback on completed action effectiveness & to prioritize next actions - visually forecast the value & timing impact of planned actions vs. targets Check out this example for overhead cost reduction #productivity #businessintelligence #analytics #data #culture #operationsmanagement #executivesandmanagement #leanmanufacturing #digitaltransformation #manufacturing #automotive #dataanalytics #excel #powerbi #datavisualization #lean #continuousimprovement #operations #operationalexcellence
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OEE is often defined as availability x performance x quality rate. But it can really be much simpler & more intuitive than that. OEE is simply the extent to which potential output was achieved over some scheduled period of time. That's it. AV, SR, & QR are components of OEE: Availability (AV) is a measure of equipment uptime. Speed Ratio (SR) compares the target cycle time with the actual cycle time achieved. This is sometimes called Performance Efficiency. Quality Rate (QR) captures the portion of total parts produced that were actually good parts. Here is an explanation of why multiplying these three components together is algebraically equivalent to OEE & why improving any combination of them can help your business when strategic needs require producing more parts in less time. #productivity #businessintelligence #analytics #data #culture #operationsmanagement #executivesandmanagement #leanmanufacturing #digitaltransformation #manufacturing #automotive #dataanalytics #excel #powerbi #datavisualization #lean #continuousimprovement #operations #operationalexcellence #oee 4.0 Solutions Zack Scriven George Forde Jeff Winter MARIANA MOSCOSA FactoVia
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“Understand the numbers, dig into the results, and let data inform your next move” is so important Jason Yocum - well said! Here’s a link to an example improvement dashboard that provides exactly that & engages the full team with displays on large screens in their work areas, on their laptops, & on their smartphones. https://lnkd.in/gUEiX3YX #productivity #businessintelligence #analytics #data #culture #operationsmanagement #executivesandmanagement #leanmanufacturing #digitaltransformation #manufacturing #automotive #dataanalytics #excel #powerbi #datavisualization #lean #continuousimprovement #operations #operationalexcellence
CFO/VP Controller | Strategic Finance Leader | Building strong financial foundations to empower growth, drive informed decision-making, and foster financial clarity.
𝐒𝐭𝐚𝐫𝐭𝐮𝐩 𝐒𝐮𝐫𝐯𝐢𝐯𝐚𝐥 𝐆𝐮𝐢𝐝𝐞: "𝐘𝐨𝐮 𝐜𝐚𝐧'𝐭 𝐦𝐚𝐧𝐚𝐠𝐞 𝐰𝐡𝐚𝐭 𝐲𝐨𝐮 𝐝𝐨𝐧'𝐭 𝐦𝐞𝐚𝐬𝐮𝐫𝐞" In startups and in life, gut instincts can inspire action, but measurable data drives progress. Leaders need data to understand what's working and what isn't, so they can adjust accordingly. Setup your key performance indicators for the results you want and measure the progress accordingly. Whether it’s: 🌍 User Growth 💵 Unit Economics 🧑 Employee or Customer Satisfaction 💲 Monthly Recurring Revenue 📊 Lifetime Value 📉 Churn Rate 🎯 ROI on Performance Marketing Without clear, measurable goals, we risk wasting time on actions that don’t add value. Track what matters. Understand the numbers, dig into the results, and let data inform your next move. Your Business Intelligence or Finance team can help gather the data and measure your KPIs with tools like Looker, NetSuite, Cube, Abacum, Power BI Visualization, Tableau, and many more. #StartupTips #Leadership #MeasureToManage #Startup #Performance #KPIs
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Great OEE post. The emphasis on “driving real, measurable improvements in manufacturing” is spot on 4.0 Solutions! When used properly, OEE can be a very useful KPI to support strategic needs such as: * Increasing throughput when new equipment is out of reach or when hiring is difficult * Reducing lead times * Reducing defects or labor costs And breaking OEE down into its components, availability, speed ratio, & quality rate, can identify the top production losses to address for maximum impact. Here’s a post that expands on this & provides the math behind improving OEE. https://lnkd.in/gMRvHhz5 #productivity #businessintelligence #analytics #data #culture #operationsmanagement #executivesandmanagement #leanmanufacturing #digitaltransformation #manufacturing #automotive #dataanalytics #excel #powerbi #datavisualization #lean #continuousimprovement #operations #operationalexcellence Walker Reynolds Zack Scriven George Forde Jeff Winter
Why OEE Still Matters in Manufacturing Despite criticisms, Overall Equipment Effectiveness (OEE) remains a powerful metric—when implemented correctly. It’s not just about tracking numbers but driving real, measurable improvements in manufacturing. Key Points on OEE’s Real Impact: • OEE Misconceptions: While some argue OEE is ineffective, it’s actually about implementation. OEE offers an "apples-to-apples" way to assess asset effectiveness by tracking availability, performance, and quality. But OEE shouldn’t be the sole KPI for smart factory success—it’s best used for root cause analysis and identifying efficiency opportunities. • Case Study of Real-World Success: o One client’s production lines initially reported an OEE of 80% on paper. Yet after implementing digital tracking, the real OEE was just 43%. o Through digital integration across 47 PLCs and consistent OEE monitoring, production rose from 35,000 to 74,000 units/month, and waste dropped from 3,500 to 600 units/month—ultimately yielding a $25 million benefit from a $250,000 investment. • Standardized OEE’s Benefits: o By applying a standardized OEE calculation, inefficiencies like micro stops and bottlenecks are easier to pinpoint and address. o This clarity enables fine-tuning across availability, quality, and performance metrics, paving the way for precise, targeted improvements. OEE is more than just a metric—it’s a valuable entry point into digital transformation. Uniformly applied, it delivers insights that extend beyond the production floor, informing supply chain, warehousing, and broader business strategies. ________________________________________ 🌟 Want to learn more about implementing OEE in a smart factory strategy? Join our Free MES Bootcamp Foundation Webinar on December 4th to dive deeper into metrics that drive digital transformation. Link to register in the comments! #OEE #Manufacturing #DigitalTransformation #SmartManufacturing #Efficiency #ProductionFlow #ContinuousImprovement #MES #Industry40 #4IR #ManufacturingMetrics #40Solutions Walker Reynolds
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Great points Zack Scriven on why OEE matters & that it does not need to be overly complicated. When strategic needs include producing more good product in less time, then improving OEE can be very powerful. And breaking OEE down into its components, availability, speed ratio, & quality rate, can identify the top production losses to address for maximum impact. Here’s a post that expands on this & provides the math behind the idea of improving OEE. https://lnkd.in/gMRvHhz5 #productivity #businessintelligence #analytics #data #culture #operationsmanagement #executivesandmanagement #leanmanufacturing #digitaltransformation #manufacturing #automotive #dataanalytics #excel #powerbi #datavisualization #lean #continuousimprovement #operations #operationalexcellence Walker Reynolds George Forde 4.0 Solutions
I help engineers and executives lead successful digital transformations by providing proven strategies and actionable roadmaps
𝐒𝐭𝐨𝐩 𝐎𝐯𝐞𝐫𝐜𝐨𝐦𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐧𝐠 𝐎𝐄𝐄 – 𝐈𝐭’𝐬 𝐄𝐬𝐬𝐞𝐧𝐭𝐢𝐚𝐥 𝐟𝐨𝐫 𝐘𝐨𝐮𝐫 𝐌𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠 𝐒𝐮𝐜𝐜𝐞𝐬𝐬! 🚨 There’s a lot of noise out there saying OEE is overrated or too complex to implement effectively. Let’s set the record straight: 𝐎𝐄𝐄 𝐢𝐬 𝐜𝐫𝐮𝐜𝐢𝐚𝐥 𝐟𝐨𝐫 𝐚𝐧𝐲 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐚𝐢𝐦𝐢𝐧𝐠 𝐟𝐨𝐫 𝐞𝐱𝐜𝐞𝐥𝐥𝐞𝐧𝐜𝐞. 🔍 𝐇𝐞𝐫𝐞’𝐬 𝐰𝐡𝐲 𝐢𝐭 𝐦𝐚𝐭𝐭𝐞𝐫𝐬: OEE (Overall Equipment Effectiveness) is like the speedometer in a race car. It’s not the only thing that matters, but it’s a vital metric to gauge your performance against the competition. Imagine trying to win a race without knowing your speed – that’s your business without OEE. 🚀 𝐑𝐞𝐚𝐥-𝐖𝐨𝐫𝐥𝐝 𝐄𝐱𝐚𝐦𝐩𝐥𝐞: At Tesla’s Investor Day 2023, Tom Zhu shared how they leveraged collecting digital data to achieve a 𝟗𝟎% 𝐎𝐄𝐄 𝐚𝐧𝐝 𝐚 𝟒𝟓-𝐬𝐞𝐜𝐨𝐧𝐝 𝐜𝐲𝐜𝐥𝐞 𝐭𝐢𝐦𝐞 for the Model Y production ramp at Giga Shanghai. If it’s good enough for Tesla, a world-class manufacturer, it’s good enough for your $35 million widget manufacturing business. ⚠️ 𝐃𝐨𝐧’𝐭 𝐈𝐠𝐧𝐨𝐫𝐞 𝐭𝐡𝐞 𝐒𝐢𝐠𝐧𝐬: OEE won’t tell you if you’re taking the optimal path, but if something’s seriously wrong—like running at 50 MPH on a 100+ MPH race track—it will alert you immediately. Ignoring OEE is like racing blindfolded. 💡 𝐖𝐡𝐲 𝐘𝐨𝐮 𝐍𝐞𝐞𝐝 𝐎𝐄𝐄: 𝐕𝐢𝐬𝐢𝐛𝐢𝐥𝐢𝐭𝐲: Gain real-time insights into machine performance and production status. 🔍 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲: Identify and eliminate downtime, boosting your overall productivity. 🚀 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐄𝐝𝐠𝐞: Stay ahead by continuously monitoring and improving your operations. 🔥 Let’s cut through the noise and focus on what truly drives manufacturing success. Don’t let others tell you OEE doesn’t matter – see the results for yourself! 📈 #OEE #Manufacturing #Industry40 #DigitalTransformation #Tesla #MES #Efficiency #ManufacturingExcellence
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Why do people claim that multiplying three terms together (AV, SR, & QR) & calling it OEE can be a meaningful KPI? Here's the math. OEE is an acronym for Overall Equipment Effectiveness, the extent to which potential output was achieved over some scheduled period of time. Improving it can be helpful in many situations. Availability (AV) is a measure of equipment uptime. Speed Ratio (SR) compares the target cycle time with the actual cycle time achieved. This is sometimes called Performance Efficiency. Quality Rate (QR) captures the portion of total parts produced that were actually good parts. The equation often used to relate these terms is OEE = AV x SR x QR. But why is this? What’s the rationale for this claim? #productivity #businessintelligence #analytics #data #culture #operationsmanagement #executivesandmanagement #leanmanufacturing #digitaltransformation #manufacturing #automotive #dataanalytics #excel #powerbi #datavisualization #lean #continuousimprovement #operations #operationalexcellence
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Nice explanation here of the operational benefits of improving OEE & a good framework for doing it. Well done Shubham Lamba Improving OEE can also a great way to increase manufacturing capacity to grow your business: https://lnkd.in/gY4NKqGC #productivity #businessintelligence #analytics #data #culture #operationsmanagement #executivesandmanagement #leanmanufacturing #digitaltransformation #manufacturing #automotive #dataanalytics #excel #powerbi #datavisualization #lean #continuousimprovement #operations #operationalexcellence
🌈"Overall Equipment Effectiveness (OEE) is a powerful metric to optimize manufacturing operations. ⏺Benefits: 🔹Increased productivity 🔹Reduced downtime 🔹Improved quality 🔹Enhanced profitability ⏺Calculate your OEE: 1. Availability: Operating time/Planned time 2. Performance: Ideal cycle time/Actual cycle time 3. Quality: Good parts/Total parts #OEE #ManufacturingExcellence"
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Q. How can you increase manufacturing capacity to grow your business without new equipment or hiring? A. Free up trapped capacity by reducing lost production time When used properly, improving OEE can free up substantial trapped capacity. Here is an overview of how to do it. What useful applications of OEE have you experienced? #productivity #businessintelligence #analytics #data #culture #operationsmanagement #executivesandmanagement #leanmanufacturing #digitaltransformation #manufacturing #automotive #dataanalytics #excel #powerbi #datavisualization #lean #continuousimprovement #operations #operationalexcellence
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Here are examples of actual savings achieved with our OEE improvement dashboards using readily available data! * $1.3 million annual labor savings using sensor-driven machine monitoring data * $1.9 million annual labor savings using paper data collection manually keyed into Excel * $7.5 million annual labor & scrap cost improvement using data entered on shop floor touch screens & sensor-driven machine monitoring data * $4.1 million annual scrap savings using paper data collection manually keyed into ERP system * 19% capacity increase using actual production data scraped from ERP system Our OEE improvement dashboards: - can be fed by event data your machine PLCs already capture or any dataset of losses you have available - support Unified Name Space (UNS) architecture - maximize constraint OEE & throughput - use our analytics to tell you how to improve - engage your full team with the same interactive dashboard on the shop floor, on your laptops, & on your smartphones! Check out this example! For more information or to message us, click on our logo above; or click on “Learn more” to schedule a call or demo. #productivity #businessintelligence #analytics #data #culture #operationsmanagement #executivesandmanagement #leanmanufacturing #digitaltransformation #manufacturing #automotive #dataanalytics #excel #powerbi #datavisualization #lean #continuousimprovement #operations #operationalexcellence 4.0 Solutions