FREE CALCULATOR · LEAN MANUFACTURING · SMED
SMED ROI Calculator (Quick Changeover)
Calculate the daily savings, annual savings and payback period of implementing SMED on your format or tooling changeovers.
How is it calculated?
SMED (Single-Minute Exchange of Die) is a lean methodology to reduce changeover time on machines, typically by separating internal operations (machine stopped) from external operations (machine running).
- Time savings/day = Changeover time × Changeovers/day × Expected reduction %
- Savings €/day = (Time savings in minutes / 60) × Downtime cost per hour
- Annual savings = Savings €/day × 250 working days
- Payback = SMED implementation cost / Savings €/day
Well-executed SMED projects typically achieve 40-60% reductions in changeover time, with payback periods of just a few weeks or months.
Want to reduce your changeover times?
IgeraIndustria indexes your SMED procedures and quick-changeover sheets so operators and supervisors can find the exact step-by-step.