What is Lean Six Sigma? The Power of Continuous Improvement
In today's competitive business world, organizations need to keep improving and adapting so they can deliver better products or services quickly and efficiently. Lean Six Sigma helps with this by combining Lean and Six Sigma methods to cut waste, reduce errors, and improve overall performance. The Two Pillars: Lean and Six Sigma Lean Lean thinking started with the Toyota Production System. It focuses on delivering maximum value with minimal waste. If a company makes products in huge quantities, any waste in the process means creating a huge amount of waste. No company wants that. Lean helps reduce waste by improving processes. The Lean approach uses special tools to study how a business works and find ways to make it better by reducing waste and improving efficiency. Five Principles of Lean Manufacturing i) Value - Value is what the customer cares about, not what the company thinks is important. ii) Value Stream - This is the entire chain of steps needed ...