Lean Six Sigma is a combination of two powerful process improvement methods: Lean and Six Sigma.
Lean Six Sigma decreases your organisation’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
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- Lean is popular for its methodical approach to streamlining both manufacturing and service processes by eliminating waste while continuing to deliver value to customers.
- 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 are the benefits of using Lean Six Sigma?
Organisations face rising costs and increasing competition every day. Lean Six Sigma allows you to combat these problems and grow your business the following ways:
- Increases Profit
- Decreases Costs
- Improves Efficiency & Effectiveness
- Helps Develop People/Employees
How does Lean Six Sigma work?
Lean Six Sigma is simply an effective methodology used to fix a problem. It is based on common sense practices and is completed in five phases:
Who benefits from using Lean Six Sigma?
Lean Six Sigma works for small, medium (SMBs) and large businesses. In fact, often times, the same success that is achieved within large businesses can be achieved in small and medium businesses since smaller organizations can move faster because less people, fewer resources and lower levels of red-tape are involved.
The benefits are boundless, as Lean Six Sigma increases revenue and reduces costs, while freeing up resources that can be utilized toward any endeavor your organization wishes to pursue.
- A new product or service
- Other improvement projects
- Expanding your sales force
Lean Six Sigma not only increases revenue and reduces costs, it positively affects people by engaging them in improving the way they work. Since employees are the closest to the actual work (production of a product or delivery of a service) of any organization, they become the best resources to understand how to improve the efficiency and effectiveness of business processes.
By participating in successful Lean Six Sigma projects, employees are able to build the confidence and develop the capability to become your business’ most important assets. Studies show that when employees feel that they have a positive affect on the organization, they perform better, are more accountable and live happier lives. And once your employees get comfortable with Lean Six Sigma skills, they can continue to find and remove problems and waste in your organization.
What are the Roles in Lean Six Sigma?