![]() Its simple yet effective approach makes it possible for management to adjust to changes quickly and conduct the transition more smoothly. Its concept is widespread and applies to each process of every kind of business. The Lean Six Sigma methodology doesn’t only cater to manufacturing. It also promotes shorter time-to-market intervals giving customers the deals of the century. Products with this approach undergo serious transformations, imbibing quality and value at every stage. The way it functions goes something like this: waste is eliminated at every stage along the value stream, and this gives us processes that require lesser resources, which include human effort, time, space, capital, costs, and provides lesser gaps or defects. An organization or business adopting Lean manufacturing and Lean production focus its processes to increase the value that it provides to its customers continuously. The concept of Lean aims at the reduction of waste to a mere minimal or zero. Lean is that methodology for business strategies that utilize resources and creates a wave of value for customers. Lean demonstrates the use of less for more. What is Lean?Īs put, the word says it all. This dramatically increases the output capability of business processes as it utilizes the input resourcefully and efficiently, making sure the customer is the central consumer of the products. The main objective of the Six Sigma model is to put into practice a measure-based business strategy that aims at continuous process improvement and bring the count of variations between products on the same belt to less than 3.4 defects per million opportunities. ![]() A defect in terms of Six Sigma is anything that falls off the realm of customer specifications. Catering to products and services alike, this standard and advanced model for sheer perfection is extremely customer-centric. Six Sigma is prevalent at a very grass-root level in the field of consumerism and product development and production. Project scheduling and management, project management software & others Start Your Free Project Management Course
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