Lean Six Sigma is fundamentally a combination of the Lean and the Six Sigma methodologies. This combined improvement methodology is aimed at improving the processes in an organisation by eliminating the waste in it. Lean Six Sigma is an effective way of improving quality, sales, revenue, customer satisfaction and employee morale too. Many giant organisations and businesses have benefitted from the combined methodology.
Key Benefits of the Methodology
There are many benefits of adopting the lean Six Sigma Process. Some such benefits are mentioned below.
The methodology is effective in simplifying business processes. The value stream actively identifies the areas witnessing inefficiency and waste. When the waste is eliminated from the process, it becomes much simpler. Without workarounds and rework, the process can be controlled and managed easily. As a result, the process becomes faster and ensures better customer satisfaction by improved service.
Lean Six Sigma focuses on ensuring acceptable quality from the viewpoint of the customers. This focus gets it to focus on mistakes that have a grave impact on the business processes. Relying on data to get to the root of the problem ensures that the real problems are fixed at the very core.
Lean Six Sigma reduces the variations in performance by eliminating the errors that cause them. This makes the process more predictable in terms of quality, cycle time, costs and others. This facilitates the improvement of customer service and results in fewer complaints, which is essential in a fast-changing environment.
With the implementation of Lean Six Sigma, there is a great scope to improve productivity and work efficiency. Improving efficiency in the long-run is quite important to ensure steady growth of the business system and process.
These are the benefits an organisation can enjoy with Lean Six Sigma and bring about a total improvement in their organisation.