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Cristián Ulloa

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Using the Theory of Constraints to Allocate Benefits

Many Six Sigma companies experience challenges in their effort to calculate and allocate benefits from throughput projects. This is a complex process, especially when the throughput capacity profile includes several different processes that behave independently, and where bottlenecks shift from one process to another. Employing the theory of constraints provides an effective solution. At BHP…

Involving Finance in Six Sigma – Do It Early and Fully

It is common to hear great claims of monetary benefits from various improvement initiatives. But how confident can a company be that those “benefits” – both cost saving and generation of additional revenue – actually impacted the bottom line? BHP Billiton Base Metals considered this question and found an answer through the involvement of its finance department…