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This book is an attempt to access the performance of SMED technique in small manufacturing unit of northern India. Manufacturing Industry under study was suffering from high set up time, low production and low overall equipment effectiveness. Various steps in implementing SMED technique has been followed in systematic manner. The important financial benefits have identified. Using SMED techniques, two activities such as heating and measurement of packing shifted from internal to external. Introduce new tools such as hot gauges, sample die used for hot inspection of forged crank and pneumatic spanner used for loosening or tighten the bolts of bottom dies. After using SMED, time associated with setup of dies are 167.09 min/day and saved time up to 42.27 min. Before SMED, activities associated with setup of dies (forging press) took 209.36 min/ day. After study the activities associated with setup of dies (forging press), then it was observed that there were chances to reduce setup time by SMED techniques.