One of the biggest challenges Six Sigma students encounter is Hypothesis Testing. There are so many types!
Learn how to use a SWOT analysis in Six Sigma to improve your strategic planning. Includes step by step instructions and worked examples.
By definition, takt time is an element of standard work. Cost, value, and inventory are all byproducts of work. What is Standard Work Standard work: A precise description of each work activity, specifying cycle time, takt time, the work sequence of specific tasks and the minimum inventory of parts on hand needed to conduct the (more…)
Push-pull is also known as lean inventory strategy. It demands a more accurate forecast of sales and adjusts inventory levels based upon actual sale of goods
Gap Analysis in assessment tool used to compare an organization’s current performance to desired or potential performance.