article thumbnail

25 Lean Manufacturing Tools – 5S, Six Sigma & Beyond

Unleashed

Lean Six Sigma Six Sigma is a set of methodologies first devised by Motorola in the 1980s, designed to improve the quality of Motorola’s products to the point where defects were so rare as to be statistically insignificant. When combined with lean practices, it becomes Lean Six Sigma. Inventory turnover.

article thumbnail

Your supply chain is costing you money – Reason #9: Relentless pursuit of one metric at the expense of other metrics.

Kinaxis

Reason #8 Keeping supply chain information in silos. Reason #9 Relentless pursuit of one supply chain metric at the expense of other metrics. Yet, these are similar instructions as what is passed down to the supply chain from executives focused on a specific supply chain metric. CQI, TQM, Six-Sigma, Lean, etc.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Process Control Charts: The Complete Guide for Manufacturers

Unleashed

What metrics can you use, and what system will supply the data reliably? To do so, we determine our standard deviation, and then use Six Sigma methodology to turn those into upper and lower limits. What is Six Sigma? In mathematical terms, Six Sigma quality means a process will produce only 3.4

article thumbnail

Manufacturing KPIs: 28 Production Metrics to Start Tracking Today

Unleashed

KPIs in manufacturing are quantifiable production metrics used by manufacturers to measure production performance over time. By comparing this information against previous performance and industry standards, you can then begin to identify the bottlenecks that need attention.

article thumbnail

5 Skills Necessary For Maximizing Logistics Effectiveness

GlobalTranz

The data science is gaining popularity together with the tremendous growth of information, generated in the world. Be ready to rationalize the process of Six Sigma within your organization. The tools and techniques of Six Sigma put team’s heads together and stimulate innovation. Process improvement.

article thumbnail

Employing this S.M.A.R.T. Technique with a Logistics Company to Create Total Stakeholder Satisfaction

GlobalTranz

Let's talk about the outputs, or desired metrics worth measuring, in each category of what a logistics company might provide. Implementing and sustaining LEAN initiatives : 5S, Kaizen, Kanban and LEAN Six Sigma to bring value to the customer and go beyond their expectations. Consider Six Sigma quality will be used and measured.

Six Sigma 120
article thumbnail

Raw Material Inventory Management: Manufacturer’s Guide

Unleashed

When you know the value, location, and quantities of your stocked items you’re in a better position to make informed decisions around procurement and sales – ultimately resulting in reduced production costs and improved profitability. They also help you to make better-informed decisions about your inventory needs.