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Memex Inc V.OEE.H

Alternate Symbol(s):  MENXF

Memex Inc. is a Canada-based company, which is an Industry Internet of Things (IIoT) company. The Company’s segments include Software licensing, Hardware, and Support services and installation. Its flagship product, MERLIN Tempus, is a software-driven communications platform that delivers manufacturing productivity metrics, including Overall Equipment Effectiveness (OEE) in real time. MERLIN measures and analyzes manufacturing and production performance and provides its users with real-time insights on operational efficiency, as well as unparalleled visibility at all levels of the manufacturing process. Its MOMs Software products include MERLIN Tempus, MERLIN Tempus EE, MERLIN FOEE, MERLIN CI, MERLIN Operator Portal, MERLIN ERP and Ax2245 ScanGun Bar Code Scanner. Its IIoT hardware products include MERLIN MTC-One and Merlin Adapter for Siemens SINUMERIK 840D. Its DNC & Memory Upgrades products include MERLIN DNC, MERLIN Dostek DNC and more.


TSXV:OEE.H - Post by User

Comment by BillBly11caon Mar 17, 2021 2:18pm
115 Views
Post# 32817840

RE:Question

RE:Question

No 

 

OEE is a mathimatical expression of work flow effecticeness and efficiency

 

OEE in the context of Memex is how the machine tools on the production floor are utilised in terms of efficiency and profitability. 

 

Instead of people walking around with clipboards recording how well a tool works the tool sends data to a piece of software to gauge the effectiveness of the tool and then, depanding on how many tool are monitored, the effectiveness of the operation itself. 

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