Six Sigma is the buzzword of today’s business. The six sigma technique has helped numerous organizations in reducing deficiency / defect rate to the tune of 3.4 per million opportunities (0.00034%). Across the world, organizations have saved billions by implementing this technique. The General Electric (GE) and Motorola were amongst the first to implement this technique companywide and secure major financial gains.
In India, many engineering, automotive companies, banks, telecom and I.T. organizations are reaping benefits of Six Sigma. Control Charts, Process Capability, Design of Experiments, Sampling Designs, Lot-plot, Affinity Diagram and hundreds of more tools form core part of this concept.
Using the tools and techniques of Six Sigma / SPC / SQC you can reduce variability in your process and can ultimately achieve the zero defect objective.
Many components of Lean Management and 6 Sigma are common and many others complimentary. Therefore, organizations can achieve dramatic results by combining these two complimentary and highly correlated approaches.
Using Lean approach organizations can eliminate non value adding processes and using six sigma techniques they can improve the value adding processes.