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

Outline the major functions of the national assembly, QUESTION 1 What w...

QUESTION 1 What were the main arguments for and against the Independence of Mauritius in the 1960s? QUESTION 2 "The President of the Republic of Mauritius is a constitu

Stock market, assignment on stock market for 10 marks basis

assignment on stock market for 10 marks basis

Subject analysis- value-added information services, Subject Analysis: ...

Subject Analysis: Subject analysis is one of the longest established forms of added value in information services. It extends to the intellectual processes of indexing, classi

Quality managment, identify and explain s categories of quality and their u...

identify and explain s categories of quality and their uses in a company

What is the required rate of return on the project, QUESTION a. The ris...

QUESTION a. The risk free rate is 10 percent and the expected return on the market portfolio is 14 percent. A firm considers a project that is expected to have a beta of 1.3, w

Cd-rom networks, CD-ROM Networks CD-ROM has become an important medium...

CD-ROM Networks CD-ROM has become an important medium for the storage and dissemination of information. Many information products are now available on CD-ROM. CD-ROMs represen

Library furniture in physical planning of library , LIBRARY FURNITURE IN PH...

LIBRARY FURNITURE IN PHYSICAL PLANNING OF LIBRARY IN LIBRARY MANAGEMENT Just as a library  building is a specialised structure with specific functions, the furniture for  a li

Research approach, RESEARCH APPROACH: Research approach (design) is th...

RESEARCH APPROACH: Research approach (design) is the researchers overall plan for answering the research questions. The  design  indicates whether or not there is  an  interve

Write a sort note on swot analysis, Question 1 Explain any five common ent...

Question 1 Explain any five common entrepreneurial traits Question 2 Write a sort note on SWOT analysis Question 3 Explain any five sources from which an entrepren

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