How Lean Six Sigma is Beneficial in the Manufacturing Businesses? Lean Six Sigma is a methodology carried out for process improvement in manufacturing businesses. It combines the benefits of both Lean manufacturing and Six Sigma practices. Lean provides the cost-effective and sustainable outcomes whereas Six Sigma solves the challenges in the operational environment, improves productivity, and identifies the defects and problems and then provides the systematic methodologies to eradicate them. Lean Six Sigma process uses a DMAIC approach and is divided into five different phases of Define, Measure, Analyze, Improve and Control. In today’s global environment, full potential to improvements can be brought only when these both methodologies are applied together. Renowned Lean Six Sigma manufacturing consulting firm like Group50 uses various tools and techniques to look closely at a company’s supply chain and how it performs with global best practices. They carry out an assessment and the major objective is to: Review business strategy. Identify strategic supply chain gaps. Identify the gaps between the current operation of the company’s supply chain and global lean manufacturing best practices. Create a set of recommendations and provide a clearly defined roadmap for implementing lean manufacturing and realizing better supply chain performance. The major benefits of carrying out such assessment and then applying Lean Six Sigma in manufacturing are as follows: Increases customer satisfaction
Lean Six Sigma focuses on delivering high value to the customers through improvement in product, delivery methods and other activities that can impact customer satisfaction. Increased customer satisfaction retains customers and drives business to the company. Increases workforce involvement and productivity It increases employees’ participation in the programs that focus on the process improvement and for increasing value for their customers. They feel more engaged when they are aware about their roles and how their work contributes towards the success. This further increases productivity and satisfaction within the workplace. Reduces costs Manufacturing companies that apply Lean Six Sigma significantly reduce the costs as they understand what customers value, take steps to reduce the flaws and problems eliminating the risk of rework. Standards-driven achievement Everything gets simplified and streamlined from project management and monitoring to personnel training and problem-solving when the processes are standardized. Provides competitive edge Firms using Lean Six Sigma methodologies become more competitive in all aspects of business operations. They are more drawn towards the excellence and success. To gain the benefits of Lean Six Sigma in manufacturing, hire a renowned consulting firm. Group50, a Lean Six Sigma consulting company helps manufacturing businesses in realizing the strategic and operational gaps within the company. They provide short-medium-long term recommendations to companies on how to create sustainable lean manufacturing program to be more cost-effective, improve quality and reduce working capital requirements. Visit:Group50.com