These are management strategies used in businesses to bring optimal production and at the same time boost profit and morale. The term is used to refer to two management practices that is combined together to form a single approach in production. Lean is a method of reducing waste in terms of time, transportation and other forms of wastage. On the other hand, six sigma is a methodology mainly used in control that uses the data in its implementation.
It mainly involves definition of the problem, doing measurements, analyzing and later on doing the implementation of the findings. There are greater results that can be achieved when using these two approaches.
There are a lot of benefits when doing management and especially when you combine these two methods of doing the business. it is important you know how to measure all these so that you have the desired output and control measures in your business. We will explore the use of these two in methodological concepts.
Used in strategic planning. This is due to the fact that, the six sigma approach uses some methodologies in achieving data and measurements to achieve …