Identify the Six Sigma Initiatives that can help your firm grow. Uniworld offers the following papers for download, to enable your firm to better focus efforts and resources.
Identify the projects that will fulfill the firm’s strategy
BPMS facilitates strategic planning by examining a firm’s business strategies, customers, processes, and in conjunction with six sigma project management, creates a practical, functional approach. BPMS helps a firm in strategically meeting the voice of the business, utilizing a customer focused COPIS methodology.
Integrating Lean, Six Sigma and SCOR
Increased competition, shorter product life cycles, and heightened customer expectations have led many companies to embrace a more comprehensive focus on Supply Chain Management versus the traditional physical logistics emphasis. A Supply Chain Management approach can provide benefits similar to those experienced in manufacturing and business processes that adopted the Six Sigma approach: less rework, elimination of non value add, reduced inventories and stock outs, all leading to lower overall system cost. Supply chain management can also improve customer service and satisfaction. This may be a key differentiating factor between you and your competitors.
Create and Manage Profitable Customers
Meeting business demands (Ys) for sales volume, growth, market penetration, and profit level requires examining the variables (Xs) traditionally considered to be in the separate domains of Business Development, Sales, Service, Marketing, and Finance. These variables are all inputs to the customer creation process, all created and impacted by multiple departments, and all with variation that can be understood, analyzed, optimized and in some cases controlled. This is where Marketing for Six Sigma adds power to any value based Six Sigma initiative. MFSS focuses on the variables that create customers with a focus on the varying causes (Xs) in order to produce the results.
Identify and Create New Markets and Demand
Design and Marketing for Six Sigma work well for companies following traditional stable markets. However, just listening to the ‘voice of the process’ and the ‘voice of the customer’ haven’t allowed companies to differentiate themselves against their competitors to gain market leadership or create new markets. Innovation Six Sigma (ISS) is a phased process that focuses on optimizing the front end, identifying the ‘Voice of Opportunity’. Innovation Six Sigma can occur in product, process, service, or structure. It allows companies to follow a deliberate process to assess changes that can affect an industry, organization or offering, prioritize opportunities to be pursued, and then in a structured manner, innovatively create business or customer desired value.
The Product Development Process should be one of the top three strategic issues for any Executive Team. Even if you have excellent technological platforms and woorld-class sales and marketing capabilities, you must always make the management of the PDP pipeline akey part of your business practices. Design for Six Sigma can give you the tools to install a fact-based discipline to deliver products and services that truly delight your customer. Management needs to be actively involved in your PDP. Hold regular meeting. Demand data and statistical validation to the proposed recommendations. Make the tough decisions to kill the low probability projects and don't pass others that need more rigorous work. If you manage this correctly, you should achieve PDP cycle time that are 25% to 50% of your former products.
How is it possible to attain reduced cycle time if you will spend more time on the customer-focused front-end tools? The answer is simple. Most commercialization cycle-time issues are attributed to error corrections and poor data created by undisciplined use of tools rather than to preventing technical and marketing problems. Design for Six Sigma is all about preventing problems and providing breakthrough solutions for product and service development requirements. It is not about fixing problems created in earlier phases of the PDP. Design for Six Sigma is about preventing problems, asking the right questions, and risk management.