In order to streamline operations and at the same time ensure quality in business operations many companies have adopted the Six Sigma approach in the operation of their business. Originally used by some of the worlds largest companies, Six Sigma is being used by more medium and small business companies. The process is a quantifiable method to ensure the quality of products and processes. Statistics play a major role in the Six Sigma approach. Financial data that is gleaned from statistical methods used are used as a tool in reducing costs and improving quality.
There are two Six Sigma methodologies used to implement change in a company. They are the DMAIC which stands for Define Measure Analyze and Control. The other method used is called DMADV, this acronym stands for Define, Measure, Analyze, Improve and control.
In the case of DMAIC, it is used on processes that are already in use in the company in order to improve them. While in the case of DMADV, improving new processes and products are the goal.
By instituting Six Sigma methodology a businesses can stream line their functions by using quantifiable methods to come up with solutions to solve the waste of time and money. Secondly, another method of streamlining business operations are to add automation to areas that can benefit the bottom line by reducing work typically done by employees . Employees still play a vital role in the implementation of the Six Sigma the process. Retained employees need to be highly trained and there are different grades of highly trained employees that are familiar with the degrees of competence instituted by Six Sigma . Finally by having highly trained employees directly involved in production is also a way of cutting costs.
While the Six Sigma approach doe have its critics, many companies find the methodologies a welcome addition to their companies.
Frank