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Chapter 3: Putting Data to Work in the Factory to Improve Business
There are many different and valid perspectives on the performance of a factory. For instance, the fact that the factory is on shutdown may be significant to a planner who is concerned with overall factory capacity. However, the shutdown is less significant to the production manager, who simply wants to know if the machines will run efficiently when they are scheduled to run.
With a mix of different customers, products, factories, lines, and machines, hundreds of different KPIs may need to be considered. Some of these measurements can be complex, requiring data from multiple processes for example, overall equipment effectiveness (OEE) calculations in which the performance of the factory resources are considered as well as the quality of the end products.