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Reducing Process Costs with Lean, Six Sigma, and Value Engineering Techniques

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Release : 2012-12-13
Genre : Business & Economics
Kind : eBook
Book Rating : 25X/5 ( reviews)

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Book Synopsis Reducing Process Costs with Lean, Six Sigma, and Value Engineering Techniques by : Kim H. Pries

Download or read book Reducing Process Costs with Lean, Six Sigma, and Value Engineering Techniques written by Kim H. Pries. This book was released on 2012-12-13. Available in PDF, EPUB and Kindle. Book excerpt: A company with effective cost reduction activities in place will be better positioned to adapt to shifting economic conditions. In fact, it can make the difference between organizations that thrive and those that simply survive during times of economic uncertainty. Reducing Process Costs with Lean, Six Sigma, and Value Engineering Techniques covers the methods and techniques currently available for lowering the costs of products, processes, and services. Describing why cost reductions can be just as powerful as revenue increases, the book arms readers with the understanding required to select the best solution for their company’s culture and capabilities. It emphasizes home-grown techniques that do not require the implementation of any new methodologies—making it easy to apply them in any organization. The authors explain how to reduce costs through traditional Lean methods and Lean Six Sigma. They also present Six Sigma cost savings techniques from Manufacturing Six Sigma, Services Six Sigma, and Design for Six Sigma. The book also presents optimization techniques from operations research methods, design experiment, and engineering process control. Helping you determine what your organization’s value proposition is, the text explains how to improve on the existing proposition and suggests a range of tools to help you achieve this goal. The tools and techniques presented vary in complexity and capability and most chapters include a rubric at the start to help readers determine the levels of competence required to perform the tasks outlined in that chapter.

Value Engineering Synergies with Lean Six Sigma

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Release : 2017-08-15
Genre : Business & Economics
Kind : eBook
Book Rating : 817/5 ( reviews)

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Book Synopsis Value Engineering Synergies with Lean Six Sigma by : Jay Mandelbaum

Download or read book Value Engineering Synergies with Lean Six Sigma written by Jay Mandelbaum. This book was released on 2017-08-15. Available in PDF, EPUB and Kindle. Book excerpt: Lean Six Sigma (LSS), Design for Six Sigma (DFSS), and Value Engineering (VE) have a proven track record of success for solving problems and improving efficiency. Depending on the situation, integrating these approaches can provide results that exceed the benefits of each individual approach. Value Engineering Synergies with Lean Six Sigma: Combini

Design for Six Sigma for Service, Chapter 7 - Value Engineering

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Author :
Release : 2005-05-31
Genre : Business & Economics
Kind : eBook
Book Rating : 801/5 ( reviews)

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Book Synopsis Design for Six Sigma for Service, Chapter 7 - Value Engineering by : Kai Yang

Download or read book Design for Six Sigma for Service, Chapter 7 - Value Engineering written by Kai Yang. This book was released on 2005-05-31. Available in PDF, EPUB and Kindle. Book excerpt: The following is a chapter from Kai Yang's Design for Six Sigma for Service. This comprehensive handbook aggressively tackles the difficulties involved in applying rigorous Six Sigma statistical methods to service environments. It delivers solid, effective solutions that can help your organization achieve measurable gains in customer satisfaction, cost reduction, value improvement, change management, and process performance. Featuring detailed design guidance and valuable tips, this book provides the specifics you need to create product value through improved service practices.

Success Using Lean Six Sigma in Terms of Operations and Business Processes

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Author :
Release : 2015
Genre : Business & Economics
Kind : eBook
Book Rating : 41X/5 ( reviews)

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Book Synopsis Success Using Lean Six Sigma in Terms of Operations and Business Processes by : Dinesh Gupta

Download or read book Success Using Lean Six Sigma in Terms of Operations and Business Processes written by Dinesh Gupta. This book was released on 2015. Available in PDF, EPUB and Kindle. Book excerpt: Lately there's been a great deal of talk around Lean execution. But, some people speak of Lean, some speak of Six Sigma and some use a combination of the two. But, what's the difference? How do you know what's right for your organization? As the market place tightens and companies are fighting for every dollar of revenue, they need to adopt innovative methods to create more efficient processes that will give them a competitive edge of their closest rivals; this is the basis for Lean Six Sigma. Unlike traditional Six Sigma, Lean Six Sigma uses some of the methodology from lean manufacturing along with the Six Sigma approach. Many organizations see Lean Six Sigma as the evolution of the Six Sigma methodology rather than a modification. Lean Six Sigma takes the fundamentals of Six Sigma and incorporates the cost reduction principles of Lean Manufacturing.

Lean Six Sigma

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Author :
Release : 2012-06-12
Genre : Business & Economics
Kind : eBook
Book Rating : 510/5 ( reviews)

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Book Synopsis Lean Six Sigma by : Ade Asefeso MCIPS MBA

Download or read book Lean Six Sigma written by Ade Asefeso MCIPS MBA. This book was released on 2012-06-12. Available in PDF, EPUB and Kindle. Book excerpt: Lean Six Sigma is a synergised managerial concept of Lean and Six Sigma that results in the elimination of the seven kinds of wastes/muda (classified as Defects, Overproduction, Transportation, Waiting, Inventory, Motion and over Processing) and provision of goods and service at a rate of 3.4 defects per million opportunities (DPMO). Six Sigma seeks to improve the quality of process outputs by identifying and removing the causes of defects (errors) and minimizing variability in manufacturing and business processes. It uses a set of quality management methods, including statistical methods, and creates a special infrastructure of people within the organization ("Black Belts", "Green Belts", etc.) who are experts in these methods. Each Six Sigma project carried out within an organization follows a defined sequence of steps and has quantified financial targets (cost reduction and/or profit increase).

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