The advantages of Lean and Six Sigma
1. Become faster and more responsive to customers
2. Operate at world class cost
3. Reduce Service or Product Lead Time
4. Recovered Office or Floor Space
5. Reduction in Work-in-Process
6. Increase First-Pass Yields
7. Increase Service or Product Throughput
8. Increased Organizational Productivity
9. Reduced scrap and waste
10. Reduced inventory costs
11. Cross-trained employees
12. Reduced cycle time
13. Reduced obsolescence
14. Lower space/facility requirements
15. Increased quality & reliability
16. Lower overall costs
17. Self-directed work teams
18. Lead time reduction
19. Faster market response
20. Improved customer communication
21. Lower inventory levels and increased inventory turns
22. Improved vendor support and quality
23. Higher labor efficiency and quality
24. Improved flexibility in reacting to changes
25. Allows more strategic management focus
26. Increased shipping and billing frequencies
Both the Lean and the Six Sigma methodologies have proven that it is possible to achieve important improvements in cost, quality, and time by focusing on process development and performance.
Lean will add another dimension of improvement in process speed and reduction of non-value add cost, then, by accelerating process speed, Lean provides faster feedback and more cycles of learning enhancing the power of Six Sigma tools. The Six Sigma tools will focus more on quality improvement rather than time management.