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Six Sigma and Asset Management

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Viewing 8 posts - 1 through 8 (of 8 total)
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  • October 17, 2006 at 6:29 pm #44931

    Diorio
    ★ 10 Years ★
    Member

    Hello to all,
    I’ve been afforded an opportunity to lead a new Asset Management initiative and would like to use the DMAIC methodology to develop it, however, I’m a little concerned that establishing a new department might be too broad of a scope to treat it like a continuous improvement project.  This request was initiatied as a result of unplanned capital purchase requirements that blind sided the firm and in some cases resulted in the inability to produce certain product lines.  Although senior executives want better predictability for capital acquisition, this is only one of the many facets to Asset Management. 
    I was hoping that someone with a solid understanding of Asset Management and Six Sigma has been in this position before and would be able to provide some guidance in the early phase of this new initiative.
    Thanks in advance,
    Rich
     
     

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    October 30, 2006 at 6:46 am #146076

    Shibu Kurian
    ★ 10 Years ★
    Member

    Hi,
    I am a newbie to Six Sigma, moving towards Green Belt certification. Currently I am into to a similar situation, our company wants me to head the database team that could help the developers & the database guys to understand Asset Management, design & develop the product for our customers. I would like to implement DMAIC methodology for achieving the same.
    Assistance required from experts of this field. Thanking you in anticipation.
    Regards, Shibu Kurian

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    October 30, 2006 at 8:09 am #146079

    PKT
    ★ 10 Years ★
    Participant

    Rich,
    As far as my understanding and my training goes in DMAIC, I was told that this cannot be used (or will not be effective) to setup a process, but if you have a process then it will be an excellent idea to use DMAIC.
    What I understand from your message is that the process is not set and you want to use DMAIC to set it. I would suggest you to use BPMS to do this.
    Would appreciate comments from others as well.
    Regards
    PKT

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    October 30, 2006 at 3:05 pm #146115

    NPope
    ★ 10 Years ★
    Participant

    There is a good chance that DMAIC applies — if you are currently procuring capital assets, then you *have* a process.  It may not be an effective process (as evidenced by the pertubation in unplanned expenditure you mentioned), but it is a process.
    There is an excellent Asset Management model, that has been translated and liked to the DMAIC process.  I have a powerpoint overview that I’m happy to share with anyone who is interested.  Email me at [email protected] and I’ll send it to you.

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    November 3, 2006 at 5:58 pm #146495

    melvin
    ★ 10 Years ★
    Participant

    If you are starting anew – it might be better to follow a DfSS roadmap, e.g., DCDOV or the like.  It’s certainle going to be critical to use Voice of the Customer techniques to convert business leader expectations into project goals & objectives and to create operational definitions and specifications for the functional requirements.
    Bob

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    December 3, 2007 at 3:05 pm #165635

    edgar scheffrahn
    ★ 10 Years ★
    Participant

    If you want to set up processes or fix real broken ones six sigma provides you DFSS (design for SS)SS using DMAIC is only relevant to improve the performance of existing onesRegardsEdgar Scheffrahn (asset management lead Capgemini Netherlands and ASQ certified SS Black Belt)

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    December 12, 2007 at 1:22 am #166022

    Zhen Lu
    ★ 10 Years ★
    Member

    Dear Edgar,
    Do you remember me, Zhen from Xian? If you do, please contact me. I miss you a lot. I have been in Canada for more than a decade now and still teaching at a university.
     

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    December 12, 2007 at 9:13 am #166035

    edgar scheffrahn
    ★ 10 Years ★
    Participant

    Hi Lu Zhen,How incredibly nice to hear form you. And what a strange coincidence that only this weekend i have shown old pictures of you, and your wife and your daughter to friends of our (after 10 years)!!!! I have been looking for you for some years but without succes. And now you all of a sudden pop up via the iSigma community. I hope your family is doing well. Let me give you my details so we can contact each other outside the isigma forum.Until soon!E: [email protected]
    T: +31615031017

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