Memex Automation OEE Profitability Must Include Reliability Quantification Testing
Burlington, Ontario -- (SBWire) -- 06/27/2011 --A useful tool and part of effective OEE Profitability is Reliability Quantification Testing (RQT). This general tool for existing and new equipment fabrications helps quantify the actual reliability performance. It should become a mandatory tool used for accepting or commissioning equipment systems critical to your manufacturing processes. To build in reliability of proposed designs, reliability specifications and the level of testing before acceptance must become a part of the original purchase order. RQT establishes the test hours and failure frequency parameters, then generates a point estimate of actual Mean Time Between Failures for the tested system.
Robert C. Hansen author of Overall Equipment Effectiveness: A Powerful Production/Maintenance Tool for Increased Profits, discusses in great detail the role of OEE in driving profitability. According to John Rattray of Memex Automation (http://www.memex.ca), “We consider this text to be the premier book on the principles of OEE – Overall Equipment Effectiveness. Hansen demonstrates that for a manufacturer, a 10% improvement in OEE can generate a 60+% improvement to EBIT – representing millions of dollars to the bottom line profit.”
Rattray notes, “Hansen’s text brings together both the social and technical aspects of successful manufacturing and processing. I would have paid many times over to have such a book at the start of my manufacturing career. The book is a practitioner’s primer; it demonstrates how to apply and improve overall equipment effectiveness at your factory or processing plant. Picture yourself facing a majestic mountain that represents performance excellence at its peak. Every factory or processing plant represents a mountain, and no two are exactly the same. In fact, each changes whenever its products, processes, materials, or people change. Achieving excellence is a continuous climb.”
About Memex Automation Inc.
Memex Automation Inc., http://www.memex.ca, a unit of Astrix Networks Inc., was created to leverage the research and development of Memex Electronics, which was founded in 1992. Memex continues its tradition of serving the discrete manufacturing sector, supplying component hardware, memory upgrades, and visionary shop floor communication technology. Memex products allow a manufacturer to realize the impact of OEE Profitability.
Media Relations Contact
John Rattray
Memex Automation
866-573-3895
http://www.memex.ca
View this press release online at: http://rwire.com/97856