How can you use Single Minute Exchange of Die to reduce setup times?
Setup time is the amount of time it takes to change from one product or process to another in a manufacturing operation. Reducing setup time can improve productivity, flexibility, and quality, as well as reduce waste and inventory. One of the most effective methods to achieve this is Single Minute Exchange of Die (SMED), a lean manufacturing principle that aims to reduce setup time to less than 10 minutes.