SMED
SMED as a concept was given by Shigeo Shingo and is a lean technique which is used for reducing the setup or change over time in a factory process. As the name reflects, Single Minute Exchange of Die aims to reduce setup time to single digit in minutes. In other words, the expected changeover time should be less than 10 minutes. The same concept is heavily utilized in in services today.
An application oriented question on the topic along with responses can be seen below. The best answer was provided by Dadakhalandar Shaik on 9th November 2018.
Applause for all the respondents- R Rajesh, Somrita Chatterjee, Dadakhalandar Shaik, Vastupal Vashisth, Atirakshit Bhatt , Chellakrishnan P , Ganesh R Kumar, Pallavi Walaskar
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