Less is more – In Communication as well
Single Minute Exchange of Thoughts What is SMED? What is SMET? In order to understand this, we need to know SMED. SMED or the Single Minute Exchange of Dies is a concept developed in Toyota Motors in Japan. People tried to reduce the time lapsed during the changeover activities of die punching machines from several hours to Single Minute. They successfully demonstrated that changeovers could be done within 9 minutes. Hence, it is also termed as Singe-Digit Minute Exchange of...