SMED Meaning in Cambridge Business English Dictionary
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Meaning of "SMED" - Business English Dictionary

SMED

noun [S]
 
 
PRODUCTION
abbreviation for Single Minute Exchange of Die: a method for reducing the time it takes to prepare a machine to do a new job: SMED aims to reduce set-up time by improving workplace organisation.
(Definition of SMED from the Cambridge Business English Dictionary © Cambridge University Press)
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