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"Waste neither time nor money, but make the best use of both.
Without industry and frugality, nothing will do, and with them everything."
Benjamin Franklin
Lean and Six Sigma are strategies for reducing waste and decreasing defects in business processes. Lean is a production practice that aims to reduce any use of resources for anything that does not create value for the customer. Six Sigma is a term coined to describe the use of empirical methods to minimize the variability in production in order to increase consumer value. Value being any process or feature a consumer is willing to pay for.
Generally lean will categorize wastes into three main categories:
Six Sigma then aids lean production with the use of statistical modeling of the production process to describe manufacturing yeild of error-free production. The aim is to identify and remove causes of error or waste in order to achieve above 99% defect-free production. At Global Supply Chain Group we will use lean production strategies and Six Sigma methods in order to reduce your production error and waste while increasing the value to your company and consumer.