Effective risk management plays a major role in the final outcome of any business project in terms of its ability to meet cost and time objectives. There are limitations in the amount of risk management that can be done, however, which may make it difficult to reduce uncertainty and increase efficiency in projects. Six Sigma…
One of the biggest challenges in any Six Sigma order fulfillment project is the scoping. Having clear boundaries on what aspects will and will not be covered in the project is paramount to its success. Scoping sometimes indicates that a single Black Belt project could overwhelm the Black Belt leader. With too large a playing…
Six Sigma is a useful methodology for identifying sales improvement opportunities. The data-driven approach facilitates correlation of the factors involved in the sales process and helps isolate specific inputs to expand the potential for increasing sales. Analysis of existing sales practices and various statistical sales results provides a good source of project ideas. As an…