The Taguchi methods can be seen in many industries nowadays, and they've become an integral part of the optimization strategies of many companies. And
Applying Six Sigma to Your Company’s Pricing Strategy
There are many factors that can contribute to a defective pricing strategy. Of these the most fundamental are poorly designed processes or those which
Cost of Poor Quality (COPQ): Using it to Drive Business Improvement
Cost of Poor Quality (COPQ) investigates the costs that result from the provision of poor quality goods and services in order to find ways to improve
How to Target Pricing Operations with Six Sigma (and Why)
Today, many companies have managed to get the balancing act of getting costs down and handling manufacturing inefficiencies right. This can mostly be
5 Cost Reduction Strategies for Your Restaurant
Operating a restaurant will often demand more elbow grease and innovation than is needed to run other kinds of service businesses. The costs are much
Six Sigma Best Practices in Mission Critical Organizations
Six Sigma is a broad methodology that can be easily applied in a variety of fields and contexts, and while this makes it a powerful tool, it can also
5 Important Considerations for Implementing Six Sigma Within Supply Chain Management
Not everyone understands what Six Sigma really is. Essentially it is a project that is data driven and designed to improve any processes within your
Process Reliability vs Process Capability: The Differences
There is a lot of talk about process reliability and process capability in lean circles, and while many leaders believe that they have a firm grasp on
Understanding the Tools Needed to Ensure Quality vs. Reliability
There are various ways to ensure that the processes in your organization run more smoothly and produce predictable results. However, it's important to