Lean Management methodology
Lean Management -A journey of waste reduction.
Lean is a management approach to maximizing productivity while minimizing wasteful activities from the overall process. Lean thinking defines waste as anything that doesn’t add value to a customer or business. Lean ideology is based on and driven by specific continual improvement tools & techniques that have influenced overall processes worldwide (CI tool & techniques glossary). With time, Lean thinking is becoming an organizational culture that can go beyond waste reduction.
5 steps of Lean Management
Purpose of lean management.
- Improve quality
- Reduce operating costs
- Improve speed of delivery
- Improve Safety & Moral
TIM WOODS Is an acronym that represents the 8 forms of Waste found in Processes that should be reduced or eliminated.
Six Sigma Methodology
Six Sigma – Statical management approach for problem-solving.
Six Sigma (6σ) strategies seek to improve manufacturing quality by identifying and removing the causes of defects and minimizing variability in manufacturing and business processes. This is done by using empirical and statistical quality management methods and hiring people who serve as Six Sigma experts. Each Six Sigma project follows a defined methodology and has specific value targets, such as reducing process variances and errors, streamlining operations, or increasing customer satisfaction.
Five steps of Lean Six Sigma.
Purpose of Lean Six sigma.
- Find and eliminate variance.
- Improve productivity.
- Rescue the cost of operations.
- Improve customer satisfaction.