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Showing posts with the label Six Sigma

DMAIC CASE STUDY

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A leading environmental services company provides collection, processing, recycling and disposal of hazardous and non-hazardous materials for industrial and automotive customers. The company has branches all over the United States. The service representatives in these branches carry out services for geographically dispersed customers in their respective territories.

RISK MANAGEMENT: NEW APPROACHES

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Risk management is the ability to identify risk, assess it, and mitigate it. Although there are many definitions of risk management, the following share common attributes: "Risk management is the culture, processes, and structures that are directed toward the effective management of potential opportunities and adverse effects. (AS/NZS 4360:1999--"Risk Management")" "Risk management is the identification, assessment, and response to risk to a specific objective. (Enterprise Risk Management--Integrated Framework, COSO, 2004)"

SIX SIGMA

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"Data-driven method for achieving near perfect quality. Six Sigma analysis can focus on any element of production or service, and has a strong emphasis on statistical analysis in design, manufacturing and customer-oriented activities."  — UK Department for Trade and Industry  Six Sigma is now according to many business development and quality improvement experts, the most popular management methodology in history.