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Use Lean Six Sigma to Improve Accounting Processes
Lean Six Sigma is effective at enhancing the efficiency of service operations, which includes accounting functions within organizations. Removing waste and defects from accounting processes increases service quality, strengthens internal control and mitigates risk. Though accounting and finance tasks can be difficult to understand, working closely with subject matter experts ultimately yields process improvement. Journal Entries…
Lean Six Sigma Training Helps Businesses Improve Efficiency and Productivity
Lean Six Sigma training can help any business identify bottlenecks and other jams within the total business process. This training program combines two effective managerial tools: Lean and Six Sigma. Each of these programs is designed to help businesses eliminate wasted expenses and to improve productivity. Being trained in this method allows managers and employees the…
How is Kraft Foods Using Lean Six Sigma?
Kraft Foods implemented a Lean Six Sigma program two years ago, and has recently upped its adherence to the Lean Six Sigma program. The company has seen measurable increases in productivity as a result, and in a statement earlier this year they attributed a portion of their increased first-quarter profit directly to the Lean Six Sigma…
Molex, Inc. on the Benefits of Lean Six Sigma
Molex Inc., which supplies interconnect products, has recently been using the Lean Six Sigma program with great success. The company has saved millions of dollars using the program, and clients have noticed an improvement in the company’s quality and efficiency. In a June 2013 statement, Martin Slark, CEO of Molex, said that: “Last fiscal year, we…
The Value of Lean Six Sigma
There are many companies who are using the skills and methods of Lean Six Sigma with tremendous success, but there are some companies that tend to see Lean Six Sigma as something of a fad. In certain cases, Lean Lean Six Sigma is integrated into the problem solving approaches of the company with much success,…
Lean Six Sigma is Mission Critical
This is a guest post provided by an MBA, who previously worked in a sales writing and analysis position for a defense contractor that successfully employed Lean Six Sigma. Working in sales for a small, successful defense manufacturing business in the northeast is an anomaly. Manufacturing machinery just outside of NYC, is generally considered too…
Lean Six Sigma and the 80/20 Rule
Most businesses recognize the importance of efficiency. Getting the job done at the lowest cost, with the smallest margin of error, and best results are goals of every company, no matter how they phrase it. How they measure their success at achieving these goals can be measured in a variety of ways. Profits, waste reduction,…
Lean Six Sigma: It’s Working in L.A. County
In February, Sandra Spencer, an Administrative Service Manager at the Registrar-Recorder/County Clerk’s office in Los Angeles, wrote about how Lean Six Sigma was applied to improve the delivery of services and decrease costs of what her department does. Bear in mind, this is a department that provides birth, marriage and death certificates for the county’s 9.8…
Lean Six Sigma and Genchi Genbutsu: The Importance of Seeing for Yourself
The goal of Lean Six Sigma, in brief, is to give customers and other stakeholders what they want by focusing on customer needs and maintaining superior quality and minimal waste.  This system combines the revolutionary management philosophies of Lean, which grew from the Toyota Production System, and Motorola’s Six Sigma.  In today’s hyper-competitive market, successfully implementing the…
Lean Six Sigma for Improving the Contact Center
Customer service, as typified by contact centers in which trained company personnel resolve requests from the public, are not always necessarily thought of as having to be well-oiled machines, but that characterization is inaccurate. There is actually a great deal of investment in software, algorithms, analytics, and integration of multiple channels in order to best…