Industrial Efficiency Index

INDUSTRIAL EFFICENCY INDEX

For more than 40 years, OEE, Operational Equipment Efficiency, has been used as the industry benchmark, developed in 1982 by Seiichi Nakajima. In 2023, the environment and the economic situation of companies has changed a lot.

Is everything as it was before?

An unprecedented global pandemic, problems in logistics chains that seemed stable, a supply crisis in electronic components that has shaken the automotive industry, geopolitical conflicts, changes in raw material and energy prices, delays in the availability of almost all supplies. These are some of the new challenges that the world and the industry must face.

It is therefore necessary to adapt the OEE to the new times and to take into account factors that are now much more relevant than before.

The IEI or Industrial Efficiency Index, which, to the already used OEE parameters, adds two very important ones that are not being integrated in the measurement. At OT Factory we help our clients to use this new index.

Completing in a single index more critical elements of production, allows us to see our production processes globally according to the new needs. We improve the visibility of essential parameters to take advantage of all the resources we have according to European directives, which results in the efficiency of the entire process.

At a glance, all at once

It is not only crucial to consider the efficiency and profitability of your production line in today's business landscape but also to comply with government regulations and policies. The new European legislation is increasingly focused on reducing CO2 emissions and promoting sustainability across industries. By incorporating CO2 measurement into the IEI, you not only meet current legal requirements but also prepare your company for the future.

Additionally, CO2 measurement plays a crucial role in accessing markets and business opportunities. Consumers are increasingly concerned about the environment and positively value companies committed to emission reduction.

IEI offers significant advantages by including energy performance and material performance. With energy performance, you can identify opportunities to reduce energy consumption and improve sustainability. Meanwhile, material performance optimizes resource utilization, minimizes waste, and enhances production efficiency. These key metrics will help you achieve greater operational efficiency, comply with environmental regulations, and project an image of responsibility and sustainability. Discover the transformative power of IEI for your production.