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Do Lean and Six Sigma have a place in tomorrow’s supply chain?

The Network Effect

Before I answer the title question, let’s have a quick refresher on what exactly Lean and Six Sigma are. Six Sigma owes its roots to the Statistical Process Control developments made by Dr. Walter Shewhart of Bell Laboratories in the 1920′s and later expanded upon by Dr. W. Edwards Deming. Absolutely.

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Six Sigma Tools and Inventory Management

EMERGE App

Growing up in the 1990s, you might have heard the term “Six Sigma” at the dinner table or in the news. In reality, Six Sigma aims to keep product variation and thus defects to a minimum. At first glance, there may not be much synergy between Six Sigma and inventory management.

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Lean Six Sigma for SMEs: A Path to Continuous Improvement

SCMDOJO

Over the years, various methodologies have emerged to address this need, including lean manufacturing, Six Sigma, and the integration of both known as Lean Six Sigma (LSS). Understanding Lean and Six Sigma Lean and Six Sigma are two powerful methodologies aimed at enhancing organizational efficiency and quality.

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Raw Material Inventory Management: Manufacturer’s Guide

Unleashed

Raw material inventory management oversees the procurement, handling, and storage of raw materials. It ensures you maintain optimal raw materials inventory levels, and therefore plays a crucial role in optimising your manufacturing processes. In this guide: What is raw material inventory management?

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7 Reasons Why You Should Reduce Inventory

SCMDOJO

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

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11 Effective Process Improvement Techniques in Manufacturing

Unleashed

Six Sigma Six Sigma’s methodology was developed in the 1980s by a scientist at Motorola. The Six Sigma concept says that all processes in an organisation can be measured and optimised for improvement using a statistical benchmark. In addition to the Six Sigma concept is Lean Six Sigma.

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7 Supply Chain Transformations at SAMSUNG

Supply Chain Opz

Later, they took the diversification strategy and entered the electronic industry by producing the black-and-white TV set. 2) Adopt Six Sigma Methodology : based on "quality movement" in the electronics industry, Samsung believes they can improve the internal operations drastically using Six Sigma.