How to Reduce Changeover & Setup Times through a SMED Event

To remain successful in today’s economy, a growing number of manufacturers are employing elements of lean manufacturing, and one of the most powerful lean manufacturing tools available is the SMED event. SMED stands for Single Minute Exchange of Die. However, Single Minute really refers to “single digit minutes”—or taking less than 10 minutes. The literal idea was to change out a part in under 10 minutes. Today, it means stripping that “exchange”—i.e., changeover time—to the bare minimum. Watch this video to learn the core principles of a SMED event, how to run one at your factory to reduce changeover times by up to 50%, and ways to use a tool like Amper to streamline the process.