What is lean six sigma and its benefits

Lean Six Sigma is a process improvement methodology designed to eliminate problems, remove waste and inefficiency, and improve working conditions to provide a better response to customers’ needs. It combines the tools, methods and principles of Lean and Six Sigma into one popular and powerful methodology for improving your organization’s …

In fact, the General Electric company has claimed to have realized over $2 billion of cost savings from Lean Six Sigma. Let’s consider the nature of the benefits and their implication. Lean Six Sigma will simplify the business processes. The cross-functional value stream maps will identify areas of waste and inefficiency.

Six Sigma is a popular methodology that helps organizations improve their business processes. Lean is a similar business methodology that focuses on minimizing waste while improving customer value.

What is lean six sigma and its benefits