Photosynthesis

Cards (15)

  • Lean Six Sigma is a globally proven methodology for the sustainable and demonstrable improvement of processes and organizations
  • Lean Six Sigma offers a structured approach (Define, Measure, Analyze, Improve and Control or DMAIC) for organizations to achieve concrete results with continuous improvement
  • Lean Six Sigma combines Lean methodology, established by Toyota in the 1940s to remove non-value-adding activities, with Six Sigma, established in the 1980s by Motorola to improve quality
  • Lean Six Sigma strives to eliminate waste of physical resources, time, effort, and talent while assuring quality in production and organizational processes
  • Lean Six Sigma focuses on reducing and eliminating eight kinds of waste known as DOWNTIME: Defects, Overproduction, Waiting, non-utilized talent, Transportation, Inventory, Motion, Extra-processing
  • Benefits of implementing Lean Six Sigma include improved efficiency, enhanced quality, cost reduction, faster cycle times, employee engagement, data-driven decision making, competitive advantage, customer focus, standardized processes, and a continuous improvement culture
  • Lean six sigma helps identify and eliminate waste and process inefficiencies, leading to improved efficiency and streamlined operations
  • Lean six sigma focuses on reducing defects and errors to enhance the quality of products and services, resulting in higher customer satisfaction and loyalty
  • Key advantages of implementing lean six sigma:
    • Cost Reduction: By eliminating waste and optimizing processes, it reduces costs associated with rework, scrap, and unnecessary activities, leading to improved financial performance
    • Faster Cycle Times: Identifies bottlenecks and reduces process cycle times, enabling quicker product or service delivery to customers
  • Lean six sigma methodology encourages a culture of continuous improvement, empowering employees to contribute ideas for process enhancement, enhancing engagement, motivation, and satisfaction
  • Lean six sigma relies on data-driven analysis and measurement to identify improvement opportunities, enabling informed decision-making and strategic planning
  • Implementing lean six sigma can help businesses stand out from competitors by delivering high-quality products/services with greater efficiency, leading to a competitive edge in the market
  • Lean six sigma fosters a customer-centric mindset, emphasizing the importance of meeting customer needs and expectations and delivering value-added solutions
  • Lean six sigma promotes standardized processes, reducing variability and enhancing consistency across different operations and locations
  • Lean six sigma instills a culture of continuous improvement, encouraging ongoing learning, adaptation, and innovation within the organization