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Lean Six Sigma is a synergised managerial concept of Lean and Six Sigma that results in the elimination of the seven kinds of wastes/muda (classified as Defects, Overproduction, Transportation, Waiting, Inventory, Motion and over Processing) and provision of goods and service at a rate of 3.4 defects per million opportunities (DPMO). Six Sigma seeks to improve the quality of process outputs by identifying and removing the causes of defects (errors) and minimizing variability in manufacturing and business processes. It uses a set of quality management methods, including statistical methods, and creates a special infrastructure of people within the organization (“Black Belts”, “Green Belts”, etc.) who are experts in these methods. Each Six Sigma project carried out within an organization follows a defined sequence of steps and has quantified financial targets (cost reduction and/or profit increase).

Additional Information:

Title: Lean Six Sigma, (Cost Reduction Strategies)
Author: Ade Asefeso MCIPS MBA
Item ID: FasgAgAAQBAJ
Publisher: AA Global Sourcing Ltd
Type: BOOK
Format File: PDF & EPUB
Android/iOS: Install “Google Play Books”
Page Count: 166
Category:
Published Date: 2012-06-12
Language: en
Isbn 10: 1471667510
Isbn 13: 9781471667510
Sale Info: FOR_SALE
Price: 8.84 EUR


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