How Companies can benefit by Implementing Lean Six Sigma ?

If used effectively, lean six sigma can add value across the system, and the best part is, the gains are consistent and recurring. It is a process of continuous improvement, and your gains will keep adding as long as you keep using six sigma methodology. I used to work with GE and the entire organization is lean six sigma oriented and you will hardly see any waste in the system.

Well Lean focuses on improving the quality and reducing the cost, whereas six sigma is to reduce waste and increase speed. I thereby think that combination of both ( Lean Six Sigma ) is best suitable for short term changes and sustainable corporate changes.

We might have seen lean approach first in manufacturing, but now a days lean six sigma is not limited to just manufacturing it can been applied across various sectors of the industries.

In all Six Sigma projects in the define phase after process mapping we look for Value Added and Non Value Added activities. And in a typical project in operations we make an attempt to remove the non-value added activites. And Six Sigma has always been beneficial to the organization. For six sigma projects that are typical on cycle time reduction, we have knowingly/ unknowlingly used lean principles.

I think with lean six sigma, real tangible value can be created for consumers as reduced cost and improved quality of products are two of the benefits that the consumers will enjoy from the products and services.

Six Sigma waste reduction and Lean manufacturing improved quality will increase value for consumers.