Quality assurance methods address quality issues in the output of businesses. Lean and six sigma principles apply approaches and metrics to a process to promote efficiency with a minimum number of ...

SIX SIGMA HAS BEEN TOUTED AS a powerful quality improvement method that boosts employee job satisfaction and increases profits. Although many shops striving to improve operations and profits have ...

How do you calculate your Process Sigma? Determining the lowest acceptable defect rate in your production is a way to increase customer trust and continue to follow through on quality. Consider a ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Every business is unique. For most, simply adopting a single, prescribed approach is a risky move. In the case of Six Sigma, it can be especially tempting to, seeing the success of major companies ...

Six Sigma refers to a data-driven approach used by companies to upgrade their business processes. The method uses a five-step methodology to eliminate defects at all stages within a company. Six Sigma ...

Despite the methodology’s quick and sweeping effect on major corporations across the globe, Six Sigma isn’t an idea that sprung up out of nowhere. It represents decades–centuries, even–of innovation ...

Six Sigma improves business efficiency, reduces defects, and enhances customer satisfaction. Principles focus on understanding customer needs, data-driven problem solving, and stakeholder involvement.