BASICS Model Assessment—SMED: Single-Minute Exchange of Die (SMED)
SMED is our third analysis tool (see Figure 13.1). During our past visit to Japan in 2017, we had a small discussion with Ritsuo Shingo. Not only was it fun talking to him about Japan and Toyota, it was eye-opening to see the pride with which he talked about SMED. Ironically, every company we have been to, no matter where in the world, people know of the term SMED. Seventy-five percent of the time, people can almost accurately name what the letters stand for; some get really close, but often they don’t know the true meaning. When he was much younger, and his father, Dr. Shigeo Shingo, was working with Taichi Ohno, he helped his father with this changeover concept. According ...
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