Variance, Waste, and OEE

Variance is Waste. Variation and OEE are complementary metrics that need to be considered together.

OEE and Standardized Work

Overall Equipment Efficiency (OEE):  Standardized Work After you start collecting OEE data for your processes, you may notice significant variance between departments, shifts, and even employees performing the work.  Of the many aspects that you will be inclined to investigate, standardized work should be one of them. Making sure that all employees are executing a process or sequence of processes […]