3. INITIAL OBSERVATIONS
• Looking at data, we found the following:
• ~25 setups annual on Fitting Machines
• Average setup was over 300 minutes
• $1.59/minute = Multi-Spindle cost
8. Facts and Figures
•With the efforts of the Setup Reduction team, we reduced current setup time down
to 136 minutes and expect to further reduce the setup time down to approach
SMED.
• After the Kaizen Event we realized over $11,000 savings
• The design consolidation results in an additional $5000 hard savings
• Additional capacity
• Faster response time
9. Facts and Figures
•In addition, there are other savings and benefits that have not been calculated.
• Reduced WIP/Inventory approx. 38% (3900 to 2400 pieces)
• Reduced tooling costs through reduced tool inventory
• Freed up capacity