What are the benefits of using Lean Six Sigma?
Description
– Lean Six Sigma Increases Revenue
– Lean Six Sigma Decreases Costs
– Lean Six Sigma Improves Efficiency & Effectiveness
– Lean Six Sigma Helps Develop People/Employees
https://goleansixsigma.com/what-is-lean-six-sigma/
Transcript
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What Are The Benefits Of Using Lean Six Sigma?
Lean Benefit: Increases Revenue
Before processes were improved,
200 loans were successfully funded per month.
Inefficient processes = less revenue.
Before Lean:
Loans processed per month
=
After Lean:
After processes were improved,
600 loans were successfully funded per month.
More funded applications = more revenue.
Loans processed per month
=
Home Loans Revenue
Home Loans Revenue
Lean Benefit: Decreases Costs
Before processes were improved,
2 out of 4 computers had broken screens.
More defects = increased costs.
Before Lean:
Computers On Assembly Line
After Lean:
After processes were improved,
No computers had broken screens.
Less defects = decreased costs.
Computers on Assembly Line
=
Computers
Assembled
Cost due
to defects
=
Computers
Assembled
Cost due
to defects
Lean Benefit: Increases Efficiency
Before processes were improved,
1 doctor could only see 4 patients successfully.
Decreased efficiency = less successful patient visits.
Before Lean:
Patients Seen Per Doctor
=
After Lean:
After processes were improved,
1 doctor could see 9 patients successfully.
Increased efficiency = more successful patient visits.
Patients Seen Per Doctor
1 Doctor
Satisfied Patients
=
1 Doctor
Satisfied Patients
Lean Six Sigma Benefit: Develops Effective People
Successful Lean Six Sigma projects develop a sense of
ownership and accountability for your employees.
Success is felt and drives success up and down pyramid.
CEO
Executives
Managers
Front-Line
Employees
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