Holistic Application of Overall Equipment Effectiveness and Its Utilization as a Management Tool: A Production Packaging Study
摘要
Overall Equipment Effectiveness is the foremost production performance indicator to track performance and reduce production losses. The research aimed to explore the effect of Overall Equipment Effectiveness on equipment’s. Focusing on internal versus external factors. The study was conducted through open-ended interview and web- based questionnaire survey. Research results highlight the importance of measuring packaging production performance and computing costs due to poor performance. Research findings showed that 40% losses attributed to external factors and revealed that the monetary value attributed to production inefficiencies which contribute to losses into financial value.