Technology is helping to make work more productive and efficient across many industries and businesses. The Industrial Internet of Things, or IIoT, is helping drive digital transformation in factories all over the world. OEE software, for example, is a great way to ensure your machines are performing as they should. The biggest benefit here, of course, is that these system allow for productivity gains not seen before.

Therefore, it is unsurprising to see OEE behind the scenes at the modern, ‘smart’ factory. Factories in 2020 are harnessing software and hardware to ensure greater efficiency and product quality. But what are some specific ways in which the 21^st century factory is putting OEE into practice?

Factories Are Decreasing Downtime

Factories are cutting down on how much downtime they have. A lot of this is thanks to OEE. At the heart of the 2020 factory, there is a system in place that prevents machines from performing at a low ebb.

That means, with automated OEE in place, factory managers are ensuring they waste zero time on ineffective processes. The best OEE software will identify performance issues sooner than the human eye can otherwise manage.

This means that, instead of witnessing lost time hit hard in quarterly reports, managers can attack slowdown at the point of occurrence.

Getting Things Right First Time

It is simple to assume that OEE merely affects efficiency and productivity. However, it is helping factories refine the quality of their products. That is because they can now clearly identify what is causing losses in quality. It means that factory managers can now ensure that they tackle the right problems at the right time to ensure an optimum standard.

Essentially, OEE is helping factories produce their best products first time, every time. It is an ideal scenario; however, in a world where consumers demand the best products as soon as possible, it has become a necessary standard.

Factories Are Spending Less

With OEE software, factories can save money as well as time and effort. Producing the best-quality goods and working at full capacity drives productivity and efficiency. Additionally, by cutting down on machine failures, there is less need for maintenance expense.

What’s more, with OEE, companies can tackle losses head on. Therefore, instead of having to experience unnecessary losses as a result of poor processes, factories are taking immediate action. As soon as problems emerge, OEE software will allow managers to react and take corrective measures instantly.

Is OEE The Future for the Global Factory?

Cloud-based OEE is one of many IIoT standards that modern factories are adopting in their droves. Instead of spending hours or even days monitoring machines manually, they are not monitored automatically. It’s a great way to reduce losses and to make sure that products are of consistently high quality.

Cloud-based OEE software is likely to be adopted for many years to come. Will this make competition fiercer across the board? Probably so – in which case, it is likely time to implement such a system before it’s too late.