Quantify the financial and capacity gains from reducing changeover time — compare current vs target setup, see the recovered production minutes per day, extra units, and annual revenue impact.
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Single-Minute Exchange of Die (SMED) is a structured method to cut changeover time, ideally below 10 minutes. The technique separates internal steps (machine stopped) from external steps (machine running), then converts as many internal steps as possible to external.
Long changeovers force big batches, which mean more inventory, longer lead times, and slower customer response. Cutting changeovers shrinks economic batch size — letting you run smaller, faster batches with the same machine and people.
The headline gain is recovered minutes, but the bigger win is flexibility — being able to run any product on demand, with negligible setup cost. That collapses lead times, reduces forecast errors and frees up cash tied in finished-goods inventory.