The whole purpose behind the six sigma methodology approach to business is too constantly make improves on the different processes and procedures that are involved in your business. This can be in daily operations but has the greatest application in the manufacture areas.
The initial creation of the six sigma methodology was to help an American company become more competitive with their Japanese counterparts. By removing and eliminating errors where they existed in a process along with making constant improvements, the end goal of having an improved product would be the results in theory.
The aim was to use statistical analysis to record and register the productively of a procedure and improvements could be properly documented. The six sigma methodology uses the number 6 as the deciding number for allowable defects from the mean of production. When calculated out this methodology only permits for there to be 3.4 errors for every million deliverables that are produced.
The logic behind the use of six sigma methodology is that by keeping records of the number of errors in a projects lifecycle, they can be reduced to an acceptable amount thus improving the product and quality that will boast sales. With an increase in sales, the revenue stream will allow for more investment. This will also increase the positive exposure of the company to the buying public.
In implementation of the six sigma methodology takes a disciplined and dedicated group within an organization to be established. To be compliant requires root cause analysis is to determine the real cause of the problems and the reasons behind the number of failing products. This will take some time to establish and write all the necessary procedures for the system to work properly.
The implementation of a six sigma methodology will increase the production acceptable products of your projects I the long run and save a company money, but not in the beginning. At first it will cost revenue to find and make all of the improvements. For the companies that have already done so, they fell it is a wise investment.