article thumbnail

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. Instead, it refers to a quality management improvement process used by large scale manufacturers. In reality, Six Sigma aims to keep product variation and thus defects to a minimum. What is Six Sigma?

article thumbnail

Multi-echelon Inventory Optimization and Lean/Six Sigma

Supply Chain Action Blog

The reduction of lead times and lot sizes through lean in manufacturing has focused on reducing setup time to eliminate waiting and work-in-process inventory, as well as the frequent use of physical and visible signals for replenishment of consumption. The Importance of Six Sigma. Crucial Tradeoffs for Manufacturers.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Multi-echelon Inventory Optimization and Lean/Six Sigma

Supply Chain Action Blog

The reduction of lead times and lot sizes in manufacturing has focused on reducing setup time and the frequent use of physical and visible signals for replenishment. The Importance of Six Sigma. Six sigma pursues reduced variability in processes. Six sigma pursues reduced variability in processes.

article thumbnail

What’s Good for Consumer Goods Manufacturing?

USC Consulting Group

What’s on the road ahead for consumer goods manufacturing? Here are some trends affecting the consumer goods manufacturing industry today: Consumer Goods Manufacturing Trends Challenges remain on the road ahead, but the ride is getting smoother. Supply chain woes. Geopolitical instability. No, it’s not over yet.

article thumbnail

How Medical Device Manufacturers Can Overcome Disruption to Save Lives

USC Consulting Group

Imagine a scenario in which there is unprecedented demand for the products you manufacture, but disruptions in the supply chain are making it difficult, if not impossible, to meet that demand and even if you do, logistics bottlenecks are preventing them from getting where they need to go. ” What medical device manufacturers can do now.

article thumbnail

Using TOC, Lean and Six Sigma to Become More Demand-Driven

synchrono

I have watched TOC solutions work exceedingly well in manufacturing, scheduling, replenishment, and project management for continuous improvements that truly revolutionize environments. There are only two possible ways that actual impact to the bottom line occurs: 1) If you are able to ship more product because of the change. (It

article thumbnail

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

Unleashed

Many manufacturers use lean methods to cut costs and improve efficiencies in their business. But ‘lean’ is a very broad concept and the ways that manufacturers ‘go lean’ vary considerably. Here we look at the most common tools and techniques used to bring the advantages of lean into the modern manufacturing workplace.