Lean Six Sigma for Companies
What is Lean Six Sigma? Six Sigma is a set of methods and tools for process improvement with the goal of improving efficiencies and profitability. Developed in 1986, Six Sigma has become a global phenomenon with companies around the world adopting the paradigm as the core of their business operations. The “Lean” methodology is similar to Six Sigma. It stresses achieving the greatest efficiency in all characteristics of operations. Six Sigma emphasizes more on eliminating errors within processes. The lean strategy focuses on identifying needless steps that consume effort and resources. Lean Six Sigma (LSS) has proven to be so successful that it is estimated that over 69% of the medium and large manufacturers in the world use it. I mean, who doesn’t want to be efficient and well organized? In fact, as businesses grow, the tendency is to become more inefficient and less organized. These two methodologies have spawned…
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