SMED, or Single-Minute Exchange of Die, is a lean manufacturing technique aimed at reducing the time it takes to complete equipment changeovers. The goal of SMED is to streamline processes and minimize downtime, allowing for more flexible production and increased efficiency. By breaking down changeover activities into smaller steps, it helps teams identify and eliminate waste, leading to faster response times and better productivity.
congrats on reading the definition of SMED. now let's actually learn it.