Wednesday, June 3, 2020

More from Less: Lean Six Sigma



Understanding how lean six sigma can help an organisation to get more from less.

Coronavirus is continuing to spread and is giving a hard time to the world economy as it is uncertain how severely or for how long the pandemic upheaval is going to affect everyone. The global crisis is affecting cities, technology, approaches to climate change, and the lives of vulnerable people in unprecedented ways. 

Despite the strong and strict responses from the government on social distancing, lockdown, and rapid financial policy, it seems like the upcoming recession is going to have lasting impacts for years to come.

Coronavirus is a real tough problem to come to grips with as it has already crashed asset prices and stock markets. Organisations have started to figure out the various aspects that they need to focus on to survive in the market.

It is necessary for people to up-skill their expertise and be competitive for the upcoming change in the industry. Keeping the doors of learning open acts always as an advantage as it not only expands your knowledge but also helps you to get ready and face various challenges in your everyday life. 

Lean Six Sigma is one such program that could help you to grow as a professional and thrive in the industry. 

It is a business methodology that focuses on process improvement by eliminating problems, removing waste and inefficiency, and improving working conditions to provide a better response to customer needs and satisfaction. 

The methodology is a combination of the powerful tools of Lean and Six Sigma, that once combined together provides the most effective and efficient ways to achieve the organisational objectives by applying the right kind of tactics.

The versatility of the program makes it the best as it can help an individual or an organisation to get more from less and achieve its personal or professional goals. 

Following are the factors which organisations could benefit from lean six sigma:

1. Cost Saving
The application of Lean Six Sigma results in cost deduction as it is applied to inefficient processes. Six Sigma practices help in minimising defects and errors within the production processes. It also helps in reducing rework that consumes a lot of time and resources without adding any value to the product or service.

2. Quality Management
Lean Six Sigma is a quality management methodology that measures and analyses processes to provide real and sustainable results. From internal control to energy use, labour to transportation, eliminating waste and improving efficiency, all told areas of operations are streamlined to quality control with no negative effect on customer satisfaction.

3. Better efficiency and increase in productivity
Lean Six Sigma practices mainly focus on the elimination of wastes that do not add value to the product or service. This results in overall improvement which in turn increases the productivity and efficiency of an organisation as a whole. 
4. Quality of delivery
Organisations can also benefit from Lean Six Sigma training for delivering quality products to their customers. Eliminating defects, delays and other deviations from the product or service's target value results in greater customer satisfaction, improved brand loyalty, and increased market share.

5. Additional skill
The certification of lean six sigma is obviously an added advantage to all the professionals in the industry. The increased competition in the market due to coronavirus will demand an all-rounder in the coming few years. The versatile nature of the program could help a professional to be on edge and outsmart others.

For KPMG Lean Six Sigma Training Registrations
mail to in-fmsixsigma@kpmg.com or call at 
+91 9555688555 or +91 9022033666
Lean Six Sigma Black Belt Training Programme 
Lean Six Sigma Green Belt Training Programme

No comments:

Post a Comment