This consulting project was written as part of the MSc in Management at the
International Hellenic University, for the academic year of 2018-2019.
The object of this consulting project is the productivity improvement, through
application and analysis of Overall Equipment Effectiveness (OEE) ratio in the laboratory
of Colora S.A. For this reason, laboratory inflows and outflows were examined, for the
period of October 2018 to October 2019. Research showed that although the availability
component of OEE was above the world class value, performance and quality components of OEE, as well as the latter, were well below world class values. Additionally, useful data was extracted about customers and current trends and preferences, considering
the company’s field of operations. Finally, suggestions for improvements were made,
based in Statistical Process Control (SPC) tools.
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