What is meant by OEE/TEEP Trend?
"OEE/TEEP Trend" refers to monitoring and analyzing trends in Overall Equipment Effectiveness (OEE) and Total Effective Equipment Performance (TEEP) over a specific period of time. These metrics are important performance indicators in the field of production and operations performance and are used to assess the efficiency of production facilities or machines.
Typical functions of software in the "OEE/TEEP Trend" area are:
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Historical Data Analysis:
- Capturing and storing historical OEE and TEEP data over a specific period of time.
- Analyzing past trends and patterns to identify performance improvements or deteriorations over time.
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Trend Visualization:
- Visualizing OEE and TEEP trends in graphical form, such as line or bar charts.
- Displaying long-term trends and short-term fluctuations for easier interpretation by users.
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Time Interval Analysis:
- Ability to analyze OEE and TEEP trends on a daily, weekly, monthly, or yearly basis.
- Comparing performance data across different time periods to identify seasonal or cyclical patterns.
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Benchmarking and Goal Setting:
- Comparing current OEE and TEEP values to industry standards or internal goals.
- Setting performance targets and tracking progress over time.
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Alarms and Notifications:
- Notifying significant changes in OEE and TEEP trends, such as sudden performance declines or improvements.
- Alerting to identify potential problems or opportunities for performance improvement.