How can I justify investment in an OEE tool without first identifying the ROI?
This is a bit of a chicken and egg question only a very coarse assessment of the potential for improvement and, from that, return on investment (ROI) can be made prior to the implementation of a system of this kind. However, from experience we know that you will start to feel the benefit almost immediately and, dependent on the solution that you select, will recover the initial investment costs within the first few months of operation. Its a point to note that whilst many companies believe that they cant significantly improve without major capital investment those companies, when measured, are only typically achieving 40% throughput with what theyve got (world-class companies achieve greater that 80%!).
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