SMED
SMED:
SMED (Single Minute Exchange of Die):
SMED stands for Single Minute Exchange of Die.
SMED (Single-Minute Exchange of Die) is a Lean tool used in manufacturing to reduce equipment changeover time.
The goal of SMED is to complete as many steps as possible while the equipment is running , to save time and quickly change over to processing the next product.
The core principles of the SMED procedure involve separating changeover elements into two categories.
Internal activities and External activities. For SMED:
Internal activities - can only be performed when the production process is stopped.
External activities- can be completed while the machine running or upto the actual changeover begins.
SMED helps in achievement of rapid setups and minimized downtime by converting internal activities into external activities.
Advantages of the SMED:
- Reduced changeover times / Reduced Downtime by minimizing the idle time for machines during changeovers.
- Reduced costs associated in manufacturing by eliminating or reducing machine downtime or less equipment Downtime.
- Lower manufacturing costs
- Greater Employee satisfaction and enhancement in employee engagement .
- Smaller lot sizes leading to a faster turnover time
- Improved customer satisfaction by improved Quality
- Smoother startup processes
- Increased Flexibility with quicker setups, to switch between product more frequently and efficiently.
- Lower Inventory Costs with faster changeovers can economically produce smaller batches which leads to reduced inventory levels.
- Cost Efficiency by significant savings in labor costs and investment in equipments.
Benefits of SMED:
- Streamlined Processes
- Elimination of Waste
Limitations of SMED:
- Untrained employees
- Overrated company policies and overextended leadership.
- Inappropriate streamline processes.
- SMED is heavily dependent on all the steps of the process.
- In order to bring SMED to its completion, all the steps must be carried out to the very best of the company's ability.
- A distinct lag time that can never fully be eliminated,
- It focuses on large assets with one-time work orders.
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