Tuesday, May 21, 2024
HomeProject ManagementThe Basics of Lean Six Sigma PDF

The Basics of Lean Six Sigma PDF

The Basics of Lean Six Sigma PDF Guide

What is Lean Six Sigma?

Lean Six Sigma is a combination of two powerful methods: Lean and Six Sigma.

Lean and Six Sigma complement each other. Lean accelerates Six Sigma, delivering greater results than what would typically be achieved by Lean or Six Sigma individually.

Combining these two methods gives your improvement team a comprehensive tool set to increase the speed and effectiveness of any process within your organization – resulting in increased revenue, reduced costs, and improved collaboration.

At Go Lean Six Sigma, our goal is to help you easily understand Lean Six Sigma so that you can apply it practically within your organization.

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:

  • Is faster
  • Is more efficient and economical
  • 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.

The Benefits of Using Lean Six Sigma

Organizations face rising costs and increasing competition every day. Lean Six Sigma allows you to combat these problems and grow their businesses the following ways:

1-Increases revenue

Lean Six Sigma increases your organization’s revenue by streamlining processes. Streamlined processes result in products or services that are completed faster and more efficiently at no cost to quality.

Simply put, Lean Six Sigma increases revenue by enabling your organization to do more with less – Sell, manufacture and provide more products or services using fewer resources.

2-Decreases costs

Lean Six Sigma decreases your organization’s costs by:

  • Removing “Waste” from a process. Waste is any activity within a process that isn’t required to manufacture a product or provide a service that is up to specification.
  • Solving problems caused by a process. Problems are defects in a product or service that cost your organization money.

Basically, Lean Six Sigma enables you to fix processes that cost your organization valuable resources.

3-Improves efficiency

Lean Six Sigma improves the efficiency of your organization by:

  • Maximizing your organization’s efforts toward delivering a satisfactory* product or service to your customers
  • Allowing your organization to allocate resources/revenue produced from your newly improved processes towards growing your business

Simply put, Lean Six Sigma enables you to create efficient processes so that your organization can deliver more products or services, with more satisfied customers than ever before.

Lean Six Sigma In 8 Minutes | What Is Lean Six Sigma? | Lean Six Sigma Explained

In this video, we’ll tell you everything you need to learn about Lean Six Sigma in 8 minutes! We’ll be covering a number of major concepts like Lean and Six Sigma, to help you answer the question: What is Six Sigma? These concepts are also explained with detailed examples. So, without further ado, let’s get started with Lean Six Sigma!

RELATED ARTICLES

Most Popular

- Advertisment -