manufacturing articles business management businesses Marketing sales Technology Business finance Lean Manufacturing small business Investing articles employee health
Search This Site
Custom Search

Six Sigma laws

contract30901439.jpgSix Sigma is designed to improve the operational performance of a company by reducing defects using a series of statistical methods. To help reduce wastes, companies must properly implement 5 laws of Six Sigma. The 5 laws have been designed to improve and upgrade the quality of a companies existing business processes to produce satisfied customer relations. The Six Sigma laws are defined as follows:

Law # 1 - The law of market
This law builds upon the law of market and customer criticism. The company must then set goals for return on investment along with their net present value.

Law # 2 - The law of flexibility

This law provides flexibility for any given process. Since most processes have some types of repetitive motion, flexibility is to allow for progressive rate of change.

Law # 3 - The law of focus
The law of focus helps to keep employees and equipment on track. Since 20% of the activities cause 80% of the delay, this process focuses on finding ways to stop the delays and to focus on the end result. This law quickly uncovers the problems, allowing you to re-focus on the rest of your manufacturing processes.

Law # 4 - The law of velocity

The law of velocity refers to the amount of work-in-progress. To calculate your lead time return, determine your work-in-progress and divide it by the average completion rate. The law of velocity will uncover hiccups that are causing larger problems like unfinished tasks and the speed of the machinery.

Law # 5 - The law of complexity and cost
The final law provides information about the costs that do not add value to the company. Typically these costs are things like poor product design or quality or improper machine speeds. The last law looks for ways to reduce the redundancy in the manufacturing process.

The 5 laws are used to improve your overall manufacturing system. They help to provide a foundation for Six Sigma that eliminates defects and reduces wastes. Proper implementation of the Six Sigma laws will lead to improved customer satisfaction along with improved product quality. This typically gives companies better lead times, fewer mistakes, and an increase on product value.

When it comes to proper implementation of the Six Sigma laws, most companies pay attention to the law of velocity. This is mostly because this law deals with the highest percentage of waste (the 80/20 rule). The law of velocity believes that if you reduce the work in progress, you can reduce employee stress loads and machine overloads, this will improver completion rates, lead time, and it also provides higher returns. Using this law companies are able to accurately predict how long they need to complete various steps in the manufacturing process.

Companies must also pay close attention to the law of velocity as it provides you with information on how many projects you can complete within set timeframes. For example, if you have 8 orders a day, this is your average completion rate you then take this number and divide it from the number of orders to be filled, providing you with separate smaller quotes that must be filled.

Since Six Sigma can become complex, it is a wise decision to seek the help of a professional Six Sigma training firm. They specialize in different areas of Six Sigma and can help you select the right tools for your company. Make sure you ask them about the Six Sigma laws and their implementation method for it. This way you will understand exactly how the company plans on improving your manufacturing process and how they will eliminate defects.

Search our site for more information:

Rate This Post
  • Currently 3/5
  • 1
  • 2
  • 3
  • 4
  • 5
Rating: 3/5 (2 votes cast)

Categories: Legalities, Six Sigma,

Share this article:
SocializerSocializer, DiggDigg, del.icio.usdel.icio.us, redditreddit, StumbleUponStumbleUpon

Favorites: Add to favorites
Tags:
Posted by DF
FREE: Get More Leads!
How To Get More LeadsSubscribe to our free newsletter and get our "How To Get More Leads" course free via email. Just enter your first name and email address below to subscribe.
First Name *
Email *


Get More Business Info
Business Info
Marketing and Sales
Technology
Finance
Manufacturing
Small Business
Investing
Employee Health and Fitness


Sponsored Links
Recent Articles

Categories

Search This Site
Search This Site
Custom Search

Syndicate This Information
Syndicate This Site!   Syndicate This Site!   Syndicate This Site!


Copyright © 2003-2010 by BusinessKnowledgeSource.com - All Rights Reserved
Privacy Policy, Terms of Use