Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Six-Sigma Speciality
Six Sigma can be used for both operational and strategic management. It is regarded as a new quality management strategy that has the ability to replace QC (Quality Control), SQC (Statistical Quality Control), TQC (Total Quality Control), TQM (Total Quality Management). The development process of Six Sigma is shown in the figure below where scientific management tools such as Statistical Process Control (SPC), TPM (Total Productive Maintenance), QE (Quality Engineering) and Total Customer Satisfaction (TCS) are used. The Six Sigma development figure is as shown below:
Figure: Six Sigma development process
Most of the organisations which are not quite successful in implementing the other management strategies like the Total Quality Control (TQC) and Total Quality Management (TQM) like to introduce Six Sigma due to its benefits.
In the manufacturing sector, Six Sigma is coupled with lean manufacturing. Lean is a set of tools and techniques that focuses on reducing the wastes of an organisation, the constraints of process flow and reducing the non-value added activities. The wastes include over-production, transportation, waiting time, inventory, processing and scrap which can be eliminated, thus improving the quality. Lean manufacturing reduces inventory and floor space requirements. There are a wealth of benefits of Six Sigma which will help to address the issues and problems of the organisation. The benefits which the organisation can get by applying Six Sigma are as follows:
It is for its comprehensive advantages that today over 53% Fortune -500 companies trust Six Sigma and lean Six Sigma for their improvement.
statistics are not mainly the records of the past but they are useful in the planing of the future. Discuss the statement and explain the role of statistics in economic planning.
We can conclude that contracting does have many benefits which are mentioned below: ? Division of labour. ? Synergy of expertise. ? Sharing of risks. To avoid
EXPERIMENTAL RESEARCH: One of the other method used in research is Experimental Research. Meaning and Characteristics Experimental research is concerned with ca
Request for Quote Request for Quote (RFQ), is a standard business process to invite suppliers into a bidding process to bid on specific products or services through Invitation
Question 1 Consider yourself as a chief financial officer, describe the treasury functions that you handle and discuss how you will formulate the treasury policy Question 2 T
describe about managerial decision making?
INFORMATION AND OTHER RELATED CONCEPTS: You may often hear or read in newspapers and other popular magazines about "exponential growth of information" or "explosion of informa
Selection of potential suppliers This is an important function of the purchase department. If the material under reference is a standard item covered by company standards, the
Stack -Circulation Area in library building-library managenent Stacks are the storage spaces for the various types of documents kept in a library. The types of documents gener
Question 1: (a) Discuss the use of the following fuels in the Mauritian context. Comment specifically on their impact on the economy and on the environment. i. Coal ii.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd