Single-Minute Exchange of Die (SMED)

An approach to reduce all setup or changeover times to less than ten minutes. It is based on dividing all setup activities into external activities (can be performed while the process is still running) and internal activities (can only be performed while the process is stopped). As many activities as possible are done externally, so that internal activities and hence machine downtime are minimized.

See: EXTERNAL SETUP TIME and INTERNAL SETUP TIME