Resource type
Date created
2008-08
Authors/Contributors
Author (aut): Lota, James
Abstract
There is recent interest in expanding the benefits of Lean Six Sigma into other areas such as supply chain management. The Lean Six Sigma tools such as Value Stream Mapping and Cause & Effect Matrices allowed Company A to improve vendor delivery performance from 65% to 95% translating into over $100k annual savings. They also provide greater visibility into the inefficiencies of the supply chain (especially between firms), data driven analysis for choosing trustworthy partners, predictive monitoring and control, and a common language to facilitate alignment of strategies and objectives.
Document
Description
MOT MBA Project-Simon Fraser University
Copyright statement
Copyright is held by the author(s).
Scholarly level
Peer reviewed?
No
Language
English
Member of collection
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MOT 2008 Lota, J..pdf | 250.21 KB |