Lean Six Sigma is defined as a team-focused managerial approach that seeks to improve performance by eliminating resource waste and defects. This managerial process strives to eliminate wastage of physical resources, time, effort and talents, whereby ensuring quality in production and organizational procedures.

In simple terms, Lean Six Sigma is the concept where any use of resources that does not create any value for the end customer is a waste and needs to be discarded.

Key Takeaways on Lean Six Sigma

  • Lean Six Sigma seeks to improve employee and company performance by eliminating wasting of resources, processes / product defects.
  • The process combines improvement methods of Six Sigma and Lean Enterprise.
  • This Process helps to establish/ define a clear path to achieving improvement objectives..

Why Lean Six Sigma is so important?

Lean Six Sigma is a method that provides organizations tools to improve the capability of their business processes. This increase in performance and decrease in process variation helps lead to defect reduction and improvement in profits, employee morale, and quality of products or services.

Lean Six Sigma Concept Explained

Lean refers to any method, measure, or tool that helps in the identification and elimination of waste. Six Sigma speak of tools and techniques used to improve the manufacturing processes.

The strategy attempts to identify and eliminate the causes of defects and variations in business and manufacturing processes. Lean Six Sigma concept focuses on reduction and elimination of eight kinds of waste known as DOWNTIME.

DOWNTIME is an acronym formed by word defects, overproduction, waiting, non- utilized talents, transportation, inventory, motion and extra-processing.

Six Sigma Concepts: All What You Need to Know

Six Sigma can be defined as a process making use of statistics and data analysis to analyse and reduce errors or defects if any. This process aims to improve cycle times thereby reducing manufacturing defects to not more than 3.4 defects per million units or events.

In simple terms, Six Sigma is a method that offers organizations tools to improve their capabilities while managing a business. This method when applied reduces the likelihood of errors that may arise in a business.