What is Lean?
Lean is simply a method of streamlining a process, resulting in increased revenue, reduced costs and improved customer satisfaction. A Lean process: n Is faster n Is more efficient and economical n Delivers satisfactory quality Lean is achieved by removing “Waste“, which is activity not required to complete a process. After removing Waste, only the steps required to produce a product or service that is satisfactory to a Customer will remain
What is Six Sigma?
Six Sigma is simply a method of efficiently solving a problem. Using Six Sigma reduces the amount of defective products manufactured or services provided, resulting in increased revenue and greater customer satisfaction. What exactly does “Six Sigma” mean? Six Sigma is named after a statistical concept where a process only produces 3.4 defects per million opportunities (DPMO). Six Sigma can therefore be also thought of as a goal, where processes not only encounter less defects, but do so consistently (low variability). Basically, Six Sigma reduces variation, so products or services can be delivered as expected reliably Continue reading “Lean Six Sigma And It’s Benfits”