As a standard practice of mapping the processes, option 1 is right for mapping. Because, application of process mapping is not limited to identify the improvement opportunity, it extends to map your thought process as well. clearly defined message needs to be reflected from decision box.
All d best for your project. 6 years, 10 months ago
If you are referring inventory as Finished Goods inventory then you can calculate the Financial impact by measuring reduction in working capital, cost of carrying inventory, labor cost, difference on OPEX of Warehouse as you targeted reduction.
If you are referring inventory as a Stores inventory and consumes during production…[Read more]
As I Understand,improvement is required in First Pass Yield. Further you can analyse it and identify root cause of lower yield by Root Cause analysis and priorities it using Pareto chart.
You will get focused approach to take it forward.
7 years, 9 months ago
Yuvraj Hedaoo commented on the post, The Fundamentals of Cause-and-effect (aka Fishbone) Diagrams 7 years, 10 months ago
Fish bone is powerful tool to understand the root cause and at the same time, challenging task. Further, we can leverage this diagram to validate the real cause of the problem.
Thanks SCILSS and Don.
process is normal. 7 years, 10 months ago
Thanks Brain for sharing your view.
Currently I am working on six sigma project. we are using statistical method and lean tools to optimize the process. so I was uncertain about application of lean tools.
Integration of Lean and Six sigma definitely impacts on bottom line of the organisation. There are numerous articles, papers and blogs available to get this information.
Six sigma methodology improves quality of […] 7 years, 10 months ago
Yuvraj Hedaoo commented on the post, Analytical Hierarchy Process (AHP) Getting Oriented 7 years, 10 months ago
AHP is excellent tool where comparison of multiple entities across n variables. It is systematic approach for decision making.
I agree with your view.
Probability provides occurrence of event in specified time fence.
In order to understand the relationship between Rail car and Transducer, need more details/ data point.
we can establish the relationship between Rail car and transducer by Correlation analysis. 7 years, 10 months ago
It is the process of improving business Performance and Impact Bottom line directly through a set of problem solving tools, frameworks and template.
The purpose of lean is to reduce waste and increase efficiency of the process. Six Sigma serve the purpose of reduction n variation in process. It stabilize the process and further improve.…[Read more]
Improving company performance through business process management has a paramount significance. Information need to flow at faster rate within an organisation to make fast decision. It can be enabled through IT strategy.
IT plays vital role. 7 years, 10 months ago
Yuvraj Hedaoo commented on the post, Reduce a Change Request Process Cycle Time by 50 Percent 7 years, 10 months ago
We are in the process of implementation of 6-Sigma tools in manufacturing organisation to improve productivity and utilization.
This case study is very helpful to understand the applicability of tools
you can leverage process flow chart tool and analyse it to identify critical to quality. 7 years, 10 months ago