Six-sigma speciality, Other Management

Assignment Help:

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:

579_six sigma development process.png

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:

  • The method produces a drastic reduction in cost(sometimes as much as 50%) through their continuous improvement.
  • The method helps to focus on the customer and their requirements. During  a  change  of  requirements,  the  methodology  provides  critical process inputs that help to respond faster.
  • The method improves customer relations and thus in customer loyalty.
  • The waste chain in organisations is reduced.
  • The method produces robust products and processes and thus helps to manage time.
  • The method improves delivery of products and services, thus better customer relation.
  • In the perspective of the organisation it helps in building cohesive teams, leadership among employees and motivates them.
  • The methodology drives improvements quickly with internal resources. The method helps to sustain the improvements.
  • The methodology assures strategic planning while designing and redesigning the products or services.

It is for its comprehensive advantages that today over 53% Fortune -500 companies trust Six Sigma and lean Six Sigma for their improvement.


Related Discussions:- Six-sigma speciality

Quality control tools, Q uality control tools Most of the quality cont...

Q uality control tools Most of the quality control tools are usually available to the project team. The Quality control methods are ways of checking. It may involve the applic

Participative management, Participative Management Umbrella term encomp...

Participative Management Umbrella term encompassing management methods where employees share a significant degree of decision-making power with managers. These include MBO, con

State two reasons for establishing a marcom plan, Question: (a) Th...

Question: (a) There are different types of advertising strategies adopted by Organizations in order to increase their sales force. The strongest advertising strategies

Financial management, how would you judge the potential profit of Bajaj Ele...

how would you judge the potential profit of Bajaj Electronics on the first year of sales to Booth Plastics and give your views to increase the profit

Different types of hospitality offering businesses, Question 1: (a) Sho...

Question 1: (a) Show what is meant by the managerial environment? Illustrate your answer with specific examples using both internal and external environmental influences within

Agency method - periodicals procurement, Agency Method: The alternativ...

Agency Method: The alternative to direct ordering with publishers is to acquire the periodicals through a duly appointed subscription agent. A subscription agent is a person o

Mergers, M ergers Merger happens when two companies, mostly of the sam...

M ergers Merger happens when two companies, mostly of the same size, agree to go forward as a single new company in the best interest of both. The shareholders of the involved

Project management approach and philosophy, P roject Management Approach a...

P roject Management Approach and Philosophy A philosophy is an outlook or a way of thinking about the field of application. A project management philosophy reflects the way an

Finding resources - library management system, Finding resources: As s...

Finding resources: As said earlier, supply is another basic factor. Supply means availability of documents for acquisition. Information regarding supply can be collected in th

Explain any five necklines along with illustration, Question 1 Explain the...

Question 1 Explain the steps in drawing the head and the face of male figure with illustration Question 2 Explain basics of drawing legs and feet of a child with illustration

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd