Advantage of six sigma

Answer 1

The most acknowledged advantage of Six Sigma is that the organisation builds & maintains a relentless pursuit of process variation reduction and breakthrough improvements, that results in increase customer satisfaction and impact the bottom-line.

Answer 2

The Benefits of Lean are:

a. Removes non-value-added activities

b. Reduces Waste

c. Cuts Lead Time

d. Slashes Inventory

e. Lowers Cycle Time

f. Improves Cashflow

g. Minimizes downtime

h. Reduces defects

i. Improves Productivity

j. Increases Customer Satisfaction

k. Etc

Answer 3

There are number of benefits that businesses can achieve by utilizing lean six sigma in their organization:

1. Increased Efficiency
2. Higher-Quality Output
3. Better Customer Service
4. A Safer Workplace
5. Reduced Costs
6. Increased Customer Satisfaction
7. Increased Employee Involvement

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Answer 4

• improved process flows,

• reduced defects,

• improved communication (provides a common language),

• reduced cycle times,

• enhanced knowledge (and enhanced ability to manage that knowledge),

• higher levels of customer and employee satisfaction,

• increased productivity,

• decreased work-in progress (WIP),

• decreased inventory,

• improved capacity and output,

• increased quality and reliability,

• decreased unit costs,

• increased price flexibility,

• decreased time to market,

• faster delivery time, and

• conversion of improvements into hard currency.

Answer 5

One benefit of the six sigma process is that it creates additional new revenue.