Six Sigma

Synopsis

Improve the overall capability of your business' workflow, increase customer gratification and bottom-line results, bring down variation, waste and handling time and develop competitive endless advantage opportunities. You Exec's modifiable Six Sigma presentation slides will help you to come up with a roadmap and new processes implementation plan to engage the whole team.

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Slide highlights

Arrive at your final goal destination with the Six Sigma roadmap fast and easy. Prepare for unexpected speed bumps, weigh up the journey risks and assess every twist and turn on the way to success.

Use this slide showcasing a 12-Step implementation model to define performance standards, validate measurement system, establish process capability, discover variable relationships and control system and more.

With this slide, utilize the voice of your customers to elaborate on the "why" behind the [/bold]"what"[/bold] of your analytics and tailor your strategies to their demands. Access extra segmentation capabilities to better understand customers behavior.

Application

According to The American Society for Quality (ASQ), "Six Sigma is a method that provides organizations tools to improve the capability of their business processes. This increase in performance and decrease in process variation helps lead to defect reduction and improvement in profits, employee morale and quality of products or services."

There are two main methods to the Six Sigma approach: Define, Measure, Analyze, Improve and Control (DMAIC) and Define, Measure, Analyze, Design and Verify (DMADV).

Utilize DMADV to:

• Define customer demands, as well as your goals and KPIs for the process and product
• Measure performance against customer demands
• Analyze and determine the strategy for the process and product
• Design and employ the processes required for the new process or product
• Verify outcomes and adjust performance

Utilize DMAIC to:

• Define the problem and strategize the improvement process
• Measure the data you collected from the process and establish the state of quality
• Analyze the data you collected to get to the bottom of the problem
• Implement and finalize the improvement action plan
• Control the improvement action plan

Case study

Pall Corporation

Per ASQ, Pall Corporation's "Process Excellence" uses a combination of Lean, Six Sigma, dashboard metrics and team involvement, which ensures that improvement efforts are aligned with business imperatives. "Process Excellence" began in Pall's Puerto Rico location in 2004, and continued in Florida in 2007 and in California and Europe in 2008. Results from Puerto Rico showed 50 % improvement in product and process quality, inventory reduction along with 98.5 % on-time customer deliveries and reduction of product cycle time by over 25 %.

Siemens VDO

Siemens VDO uses five pillars to support the company's quality strategy for achieving world-class leadership in the automotive industry. And Six Sigma is one of them. After the start of the Six Sigma approach implementation, Siemens VDO demonstrated incredible customer satisfaction results. In fact, the company won Bronze Award in the 2006 International Team Excellence Competition and achieved global recognition for its use of Six Sigma.

Firstsource Solution

The goal of Firstsource Solutions was to reduce the turnaround time and approve applications for a retail mortgage client faster. Chartering a Six Sigma project helped increase Firstsource Solutions' client's application-to-loan conversion ratio and boosted the client's revenue by 6.9 million pounds.