Optimizing Price Recovery: Benefits for Your Business

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An understanding of this concept is an absolute must when it comes to making your business thrive. Find out more about Price Recovery and its impact on your business.

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Quorum

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Of the 7 Lean Six Sigma principles about getting the right people involved at the right time, quorum is one not just limited to improvement projects but also to any project a company may undertake.

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Defining “Product” in Lean Six Sigma

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When you think about the word “product,” you probably think about the physical things you buy and use every day—diapers for your baby, toothpaste for your teeth, or a cup of coffee to get you through the afternoon. But when it comes to Lean Six Sigma (LSS), products aren’t always tangible.

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Percent of Tolerance

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A definition of percent of tolerance is provided, and its importance, benefits, and best practices are explored.

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Form/Format

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A form is a document that has a set template for the presentation of data or information. Format is the layout with which the data is presented.

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Ensuring Process Reliability and Consistency with Z lt

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When the Z bench is calculated from the overall standard deviation and average output of the process, you arrive at Z lt.

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Six Sigma Strategy: Understanding the Customer Process

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Many companies which choose not to utilize Lean and Six Sigma as key components of how they implement change in their organization say it is because the methodologies are too complicated for their business environment. They claim that they do not have the time to build an infrastructure, train Black Belts and Green Belts and […]

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