When we have conversations with manufacturing leaders around the country there are two topics that are brought up more than any others. The Industrial Internet of Things (IIoT) and Overall Equipment Effectiveness (OEE).
In simple terms, Finite Capacity Scheduling is a method of scheduling used to maximize the usage of your assets based on the materials and orders you have on hand. Typically the most expensive, and thus the most valuable resource in your facility is your equipment. Each piece of equipment has a limited or finite capacity, and the goal is always to maximize usage of these resource.