single minute exchange of die (SMED)
Acronym for “single minute exchange of die” — a lean approach that minimizes changeover or setup time in a process such that it can be accomplished in less than 10 minutes (the “single” referring not to one minute but single digits; i.e., less than 10).
- Part of Speech: noun
- Industry/Domain: Technology
- Category: Information technology
- Company: Gartner
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