Lean manufacturing and Six Sigma principals are used to improve processes and create efficiencies in the overall manufacturing process. Lean manufacturing is used to minimize waste, while saving costs ...

As we have previously covered on this blog, the primary purpose of Lean Six Sigma (LSS) methodology is to eliminate waste and reduce variation in manufacturing, service and design processes, thus ...

Six Sigma refers to a data-driven approach used by companies to upgrade their business processes. The method uses a five-step methodology to eliminate defects at all stages within a company. Six Sigma ...

Despite the methodology’s quick and sweeping effect on major corporations across the globe, Six Sigma isn’t an idea that sprung up out of nowhere. It represents decades–centuries, even–of innovation ...

FORT BRAGG, N.C. (Nov. 21, 2011) -- Complex processes can lead to unintended, and multifaceted, challenges that can consume more time and money than necessary. Whether it is inventory control, the ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...