A cushioning conversion machine for converting a sheet-like stock material into a cushioning product. The machine includes a forming assembly which forms the sheet-like stock material into a three-dimensional strip of dunnage; a stock supply assembly which supplies the stock material to the forming assembly; a feed assembly which feeds the stock material through the forming assembly; and a cutting assembly which cuts the strip of dunnage into sections of a desired length. The machine's housing at least partially encloses the forming assembly, the feed assembly, and the cutting assembly. The machine further comprises a stand including a support to which the housing is mounted and a base extending from the support to which the stock supply assembly is mounted.