Six Sigma - Benefits to Organizations
- 1. © Benchmarksixsigma
About BenchmarkSixSigma
BenchmarkSixSigma is a leading consulting and
certification firm in India offering Lean Six
Sigma certification Programs in India since
2001.
http://www.benchmarksixsigma.com/
Implement Lean Six Sigma in Corporates.
Business Improvement Consulting resulting in superior
business results.
Provide Lean Six Sigma Certification Programs.
Training for Public, Corporates and Educational Institutions.
Specific training like Statistical Process Control.
Lean Six Sigma: Benefits to Organizations
Green Belts
Black Belts
Master Black Belts
What we do ?
- 2. © Benchmarksixsigma
Lean Six Sigma Implementation
It has Given organizations a
new way of doing business
It has Enabled repeated
application of strategy to
individual projects
Complete projects that have
had a substantial impact on
the ‘bottom line’(profit) as
well as the ‘top line’(revenue)
It has Enabled them to have
a wise application of
statistical tools within a
structured methodology
Lean
SIGMA
Six
- 3. © Benchmarksixsigma
Lean Six Sigma Implementation
Organizations use Lean Six Sigma as a Scientific and
Practical method to achieve improvements in a company
•Structured approach
• Assuming quantitative data
Scientific
•Emphasis on financial result.
• Start with the voice of the
customer.
Practical
- 4. © Benchmarksixsigma
Lean Six Sigma Benefits
Increases
Revenue
Decreases
Costs
Reduces
Cycle Time
It streamlines process
resulting in more
efficiency with same
quality
It removes defects from
a process that cost an
organization extra
money
It identify factors that
negatively affect project
leading to long cycle
times
- 5. © Benchmarksixsigma
Lean Six Sigma Benefits
Improves
Efficiency
Strategic
Planning
Customer
Loyalty
It Maximizes an
organizational efforts
and improves efficiency
It helps to focus on areas
of improvement for long
term sustainability
It ensures high level of
customer satisfaction
- 7. Examples Of ‘Lean Six Sigma’ Companies
© Benchmarksixsigma
Home Depot
CaterpillarMotorola
- 8. GE Success Story
© Benchmarksixsigma
In 1995 GE mandated each employee to work towards achieving Lean Six Sigma
The average process at GE was 3 sigma in 1995
In 1997 the average reached 3.5 sigma
GE’s goal was to reach 6 sigma by 2001in critical processes
From 1998 onwards GE realized benefits worth 2billion USD.
GE was the first company to Implement Lean Six Sigma in services and
also in offshoring.
The most important initiative GE has
ever undertaken
Jack Welch
Chief Executive Officer
General Electric
- 9. GE “Service Company” - Examples
© Benchmarksixsigma
Approving
a credit
card
application
Installing a
turbine
Lending
money
Servicing
an aircraft
engine
Answering a
service call
for an
appliance
Underwriting
an insurance
policy
Developing
software for
a new CAT
product
Overhauling
a locomotive
- 10. Motorola Success Story
© Benchmarksixsigma
“At Motorola we use statistical methods daily throughout all of our disciplines to
synthesize an abundance of data to derive concrete actions….
How has the use of statistical methods within Motorola Lean Six Sigma initiative, across
disciplines, contributed to our growth? Over the past decade we have reduced in-process
defects by over 300 fold, which has resulted in cumulative manufacturing cost savings of
over 11 billion dollars”
Robert W Galvin
Chairman of the
Executive Committee,
Motorola
This statement was made after first decade of Lean Six Sigma
Experience
- 11. AIRTEL Success Story
© Benchmarksixsigma
In 2002 Bharti group (Airtel) launched Lean Six Sigma
It has since than successfully applied Lean Six Sigma in all its businesses
and has realized savings worth billions of rupees.
Lean Six Sigma is an Integral part of its DNA with a dedicated team at
each of its Circles.
Airtel’s basic services businesses yielded 250% return on Investment
in the first year of implementation itself.
There are more than 150 Black Belts working in the entire group
- 12. Success Stories from diverse Industries
© Benchmarksixsigma
Lean Six Sigma deployment created Breakthrough Performance,
Captured Cost Savings Customer Delight
Projects Insurance, Lending, Securities
Qualtec’s Services
Order Lead Time Reduction From 55 to 41 days
Inbound lead time reduction from 8 days to 6days
Savings from Interest Charges, Stock amount, Freight Charges
Fortune 50 Global Co. Power Steering
CIO recognized the need to get real-time information from his
global team on the rationale and status for all his significant
projects and over 500 projects in 27 countries.
LG Electronics -England
Increased Brand Image
Enhanced Customer
Satisfaction
Savings USD 850K
CIO - We have saved over
$500 million dollars from
500 Lean Six Sigma
Projects
We have saved over $20
million dollars in savings
in two years of using Lean
Six Sigma Qualtec's
services!"
- Max Gordon, Navistar
Organization
- 13. Industry Wise Success Stories
© Benchmarksixsigma
Bank of America,
American Express,
HDFC, HSBC
Wipro,
Nestle,
Samtel,
Samsung
Reliance
Retail
ICICI OneSource,
Accenture, Satyam
BPO, IBM Daksh
ITC Hotels,
GRT Hotels,
Apollo
Hospitals
Bharti
Cellular,
Vodafone,
Siemens, Tata
Banking
Retail
IT
Telecom
ITES
Hospitality
- 14. © Benchmarksixsigma
About BenchmarkSixSigma
BenchmarkSixSigma is a leading consulting and
certification firm in India offering Lean Six
Sigma certification Programs in India since
2001.
http://www.benchmarksixsigma.com/
Implement Lean Six Sigma in Corporates.
Business Improvement Consulting resulting in superior
business results.
Provide Lean Six Sigma Certification Programs.
Training for Public, Corporates and Educational Institutions.
Specific training like Statistical Process Control.
Green Belts
Black Belts
Master Black Belts
What we do ?
Thank You