How plastic industries can maximize machine utilization by smed technique
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The document discusses how plastic industries can maximize machine utilization through quick changeover and setup techniques. It notes that with increasing customer demand for more product variants and shorter delivery times, having short lead times in production is necessary. This requires reducing changeover times between production runs. The document then lists benefits realized from reducing setup times, such as a 50% reduction in changeover time, 30% reduction in work-in-progress and finished goods inventory, and ability to manufacture 20 more new product varieties from existing equipment. Overall, quick changeover techniques can improve production flexibility and help companies face changing market demands and global competition.
How plastic industries can maximize machine utilization by smed technique
- 1. How Plastic industries can maximize machine utilization by Quick Change Over/Quick Set up technique? So many product varieties, how can we deliver all variety products to all customers in time and quantity? In a long run, low volume and high variety product manufacturing fast changeover time plays an important part in maximizing the capability of equipment .With the increasing demand for more product variants and short delivery times from customers it is necessary to have short lead times in production. This is where Quick Change Over/Quick Set up application is abundant. time. Changeover Time is a period required to prepare a device, machine or system for it to change from producing last good piece of last batch to producing first good piece of the new batch. It is important to note that, Setup and Changeover are sometimes used interchangeably; in other cases Setup is viewed as component of changeover. Changing market demands, due to the transition from a sellers‟ to a buyers‟ market as well as globalization of markets far beyond national borders, put high demands on flexibility and costs. Three key reasons why set-up times need to be reduced can be identified Benefit Realized by reducing set up time Key Improvement Metrics Improvement Impact Reduction in Set up time 50% Reduction in WIP and FG Inventory 30% Reduction in Set up Rejection 90% More No of variety product manufacturing Manufacture More new 20 Variety from existing. Improvement in Production 15 % Increasing revenue 15 % CONCLUSION: It is evident that production flexibility is going to improve with the application of the set up reduction reaped of benefits in terms of capital avoidance because of the additional capacity gained from the reduction of change over time. Thus, able to face Changing market demands and global competition. Contact us- Concept Business Excellence Pvt Ltd E-140, Vrundavan Township, Harni Road, Vadodara-390006, Gujarat-India. ritesh@sixsigmaconcept.com www.sixsigmaconcept.com