WHY
SIX SIGMA?
We don't have to tell you that…
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“More
than 3 quarters of a billion dollars in savings beyond our investment…the
most challenging and potentially rewarding initiative we have ever
undertaken at General Electric…"- Jack Welch, G.E
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“Potential
to yield $10 to 15 billion in increased annual revenue and cost
savings” – G.E. |
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“For
years Lockheed Martin used to spend an average of 200 work-hours
trying to get a part that covers the landing gear to fit. Six Sigma
discovered a part that deviated one-thousandth of an inch. Now corrected,
the company saves $14,000 a jet…” – USA Illustrated |
“A
total saving of $30-50 million per year…” – Allied Signal |
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IF
NOT SIX SIGMA, WHAT ELSE?
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| What
would Four Sigma mean? |
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2,00,000
wrong during prescriptions each year. |
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20,000
lost articles of mail per hour. |
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More
than 1,10,000 newborn babies accidentally
dropped by doctors and nurses each year. |
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Four
short or long landings at airports per day. |
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What
is Six Sigma? |
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3.4
defects per million. |
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Customer
Focus. |
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Data
driven decision-making. |
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Structured
business processes. |
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Business
strategy to measure how well business
processes are performing. |
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Use
of statistical tools & improvement techniques to drastically reduce
process variability. |
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Six
Sigma Philosophy |
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Total
customer satisfaction, today and tomorrow, focusing on variability
as the enemy. |
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At
Kaul Associates,
our Six Sigma team includes a certified Black Belt and a Black Belt
Mentor from Kodak in the US. The program for Black Belts is spread
over 6-9 months which involves the DMAIC (Define-Measure-Analyze-Improve-Control)
methodology of training, implementation of projects and certification
of successful candidates |
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| Six
Sigma: Benefits |
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Customer
satisfaction |
|
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High
levels of quality |
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Reduction
in cycle time |
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Improved
process flow |
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Improved
Productivity (more with less) |
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Employee
engagement, satisfaction |
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Right
product at Right time |
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Reduction
in costs |
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Improved
profitability |
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Winning
in the Market place |