retool
verb
uk/ˌriːˈtuːl/us[IorT]PRODUCTION
toreplacethemachinesandequipmentused in afactory:
Julyis aslowermonthbecause manyplantsshutdown to retool.
retool a plant/factoryTheautoindustryshouldreceive'substantialincentives' to retoolfactoriestodevelopmorefuel-efficientvehicles, such ashybrids.
[T]MANAGEMENTUSinformal
toorganizesomething in a new or different way inordertoimproveit:
Theadministrationcould have retooled thetaxsystemtodiscourageconsumption.
We have beenforcedtoretoolourbusinessstrategyinlightofglobalrealities.
retooling
noun[CorU]
PRODUCTION
The newmodeldoesn'trequireacompleteretooling ofexistingassemblylines.