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Lean and Six Sigma

Definition: Lean and Six Sigma are methodologies aimed at improving efficiency and quality. Lean focuses on reducing waste, while Six Sigma targets process improvements by minimizing variability and defects.

Key Components:

DMAIC Framework: Define, Measure, Analyze, Improve, Control (Six Sigma).
Value Stream Mapping: Identifying wasteful steps (Lean).
Continuous Improvement: Ongoing efforts to enhance processes.

Benefits:

Cost Reduction: Eliminates wasteful activities.
Increased Efficiency: Streamlines workflows.
Improved Quality: Reduces defects and variability in processes.

Future Trends:

AI Integration: Using AI to automate Lean and Six Sigma processes.
Hybrid Models: Combining Lean, Six Sigma, and Agile methodologies.
Digital Transformation: Technology-driven process improvements.

Other Terms:

No glossary files available.