Best Six Sigma Training in 2023
Six Sigma: A Complete Step-by-Step Guide: A Complete Training & Reference Guide for White Belts, Yellow Belts, Green Belts, and Black Belts
The Lean Six Sigma Pocket Toolbook: A Quick Reference Guide to 100 Tools for Improving Quality and Speed
Lean Six Sigma For Dummies
The Big Book of Six Sigma Training Games: Proven Ways to Teach Basic DMAIC Principles and Quality Improvement Tools (Big Book Series)
Lean Sigma Mastery Collection: 7 Books in 1: Lean Six Sigma, Lean Analytics, Lean Enterprise, Agile Project Management, KAIZEN, KAHBAN, SCRUM
Six Sigma Black Belt Study Guide: Six Sigma Black Belt Exam Prep Secrets, Practice Test Question Book, Detailed Answer Explanations: [Updated for the Third Edition Handbook]
The Black Belt Memory Jogger (Second Edition)
Lean Six Sigma Toolkits Card Deck
The Six Sigma Handbook, 5E
Lean Mastery Collection: 8 Manuscripts - Lean Six Sigma, Lean Startup, Lean Enterprise, Lean Analytics, Agile Project Management, Kanban, Scrum, Kaizen ... Kanban, Sprint, DSDM XP & Crystal Book 9)
Too Much Inventory: Will it Destroy Your Company?
A process known as Lean Six Sigma can be systematically used to reduce inventory and increase cash flow for any organization.
Having been employed now for over a full decade Lean Six Sigma (LSS) is a powerful, sustainable, effective method for long term continuous improvement. The combination of philosophies yields a long term sustainable process improvement model that significantly increases the profitability of the firm. In general, the lean philosophy originated by the Toyota motor corporations stresses the reduction of waste in organizational systems. Waste is defined as anything not adding value to the final product or service. So waste can come in the form of excess inventory, too much time, wasted capacity, and scrap. The removal of inventory from the system helps to immediately increase the liquidity of the organization and improve the profitability of the company. Lean as an improvement system utilizes practices such as, inventory leveling, Kaizen events, setup reduction and 5S.
Six Sigma is a philosophy that stresses the reduction of variance in systems and products. Roughly translated six sigma refers to 3.4 defects produced per million. If you logically think about a company producing only 3.4 defects per million it should come across as a nearly impossible feat that cannot be accomplished by an individual effort. Therefore, it is an effort that must be organization wide to be effective as an improvement system. What makes the six sigma process so effective is the underlying infrastructure that creates sustainability of the improvement effort. The six sigma process utilizes experts known as black belts and green belts to complete improvement projects that are systematically chosen to help fulfill the operational goals of the organization.
Why use the combination of the two systems known as Lean Six Sigma (LSS)? Quite simply the two efforts create synergy that propels the company forward at a very fast rate. The structure of six sigma when used with the waste reduction of lean enables a organization to reduce their inventory needs which leads to an immediate improvement of their cash flow problems, increase customer service and a method to systematically improve processes that impact the customer. In the end entire focus is about improving value to the end customer and LSS approach when done correctly can transform an organization to being best in class in a very short period of time.