6Sigma Tools: Pareto Analysis
The Pareto principle, most commonly known as the 80-20 rule, is known by business owners as the simple fact that 80% of your problems are caused by 20% of the people. Really the theory was about wealth and power distribution, but the general premise applies. Most of your issues can be attributed to a fairly small distribution […]
Six sigma Tools: Kaizen Events
With every improvement project you learn something valuable and a tool for improvements that need to happen quickly are Kaizen events. Kaizen events are rapid responses to very specific areas usually taking 3-5 days. Kaizen events are not difficult, but if you do not put the appropriate planning in place before you begin you will […]
Six Sigma Tools: Gemba Walk
In any lean project there are a ton of buzzwords, but the one thing that is a universal truth in all lean initiative is that for any tool used to be successful it must be understood. In today’s blog we are going to talk about a Gemba walk and why it works. What is it? […]
Six Sigma Tools: First Time Yield
First Time Yield (FTY) is a traditional metric that tells you how many defects your process produces for before any improvement is done. Generally this measurement is used in the manufacturing or production field, but it can make the switch to your office easily. The formula for FTY is: FTY: Total Unit Passed/Total Units Tested […]
Six Sigma Tools: Cost of Poor Quality
One of the best things about Six Sigma is that it presents a concrete way to translate the value of improvements to your staff and leadership. A great tool to highlight the value of Six Sigma is Cost of Poor Quality (COPQ). What is the Cost of Poor Quality? COPD identifies the amount of lost […]
