2007-04-01 08:58:40 · 1 answers · asked by Anonymous in Business & Finance ➔ Corporations
Hi - SME means Small / Medium Enterprise and is a term used in manufacturing and other industries alike. It basically means what it says - small or medium sized companies (i.e, companies that if they fail, will not have a big impact on the economy / stock market). It could also stand for Society for Manufacturing Engineers which im sure you can find out a lot about from the internet (I cant say i know much about them!)
OEE is a more manufacturing related term - meaning Overall Equipment Efficiency. This means how well all the equipment is being used to produce the optimum output of products - i.e. Is the manufacturing process producing the most amount of products through its equipment at the best possible price?
Hope that Helps
Ry
2007-04-01 09:04:05 · answer #1 · answered by Rayan 1 · 0⤊ 0⤋
SME: Small / Medium-sized Enterprise;
OEE: Overall Equipment Effectiveness
2007-04-01 09:02:55 · answer #2 · answered by rnnbrwn 2 · 1⤊ 0⤋
As far as I know, SME usally stands for small and medium enterprises, but since you said manufactiring, it could also be Society of Manufacturing Engineers. OEE means overall equipment effectiveness.
2007-04-01 09:06:11 · answer #3 · answered by sure 1 · 0⤊ 0⤋
SME also means Society of Manufacturing Engineers.
2007-04-01 13:03:59 · answer #4 · answered by jdkilp 7 · 0⤊ 0⤋
What Does Oee Stand For
2016-11-07 08:58:19 · answer #5 · answered by ? 4 · 0⤊ 0⤋