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Are you calculating your process quality with this wrong Cpk Formula?
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I came across a common mistake of using Long Term Sigma to calculate Cpk. Just wanted to elaborate and clarify. Click here to read the full article
Read MoreThe Principles of Kaizen
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The Origin of Operational Excellence – Part 20 When we descend from the philosophy to action – we need some guiding principles. That’s what I discussed in this article – The Principles of Kaizen! Click here to read the full article
Read MorePossible to transform a business in 5 Days?
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The Origin of Operational Excellence – Part 21 What makes a Kaizen Workshop successful and thrilling? Sharing my thoughts and learning on Kaizen Workshops – the practice of Rapid Improvement. Click here to read the full article
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Kaizen Problem Solving and How is it Different from that of Six Sigma?
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The Origin of Operational Excellence: Part 22 Sharing my thoughts and experiences on the Practice of Kaizen Problem Solving, reasons for its high-impact results and how this approach is different from that of Six Sigma. Click here to read the full article
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Why organisations need suggestions from Workforce, despite having Managers?
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Origin of Operational Excellence: Part 23 In this final article on Kaizen, I discuss the need for suggestion systems in an organisation, how to improve the flow of valid suggestions and who is responsible for a successful suggestion system. Click here to read the full article
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Six Sigma Pizza – Pie 1
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Six Sigma Pizza A fresh thought was brewing in my mind as I was working on the previous series of articles on the origin of operational excellence practices. The thought came from the responses and interaction based on those articles. Many wanted to see the implementation of Six Sigma methodology in solving the business problems
Read MoreCash to Cash Cycle Time
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What is Cash to Cash Cycle? Cash to cash cycle time is the time lapse between payment to suppliers and getting payment from the customers. Every business exists to provide a tangible or intangible product to the people in need and make money out of those provisions in the form of profit. A company has
Read MoreLead Time
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What is Lead Time? Lead time is the time required to complete the set of processes – from start to finish. There are 3 types of such measures in Business Process. Order LT The time required to complete the order – from order receipt to product/service delivery to the consumer. Processing LT The time required
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Takt Time
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What is Takt Time? Takt time is the time given by the client to the manufacturer to pull out one piece of finished material from the plant. In other words, it is the time (frequency) at which the manufacturing plant to complete one unit of its product. We can also describe it as the demanded
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Cycle Time
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What is Cycle Time? Cycle Time is the time required by an operation or by a machine to complete the processing of one component. How to calculate Cycle Time? Start your stopwatch when a completed component comes out of a machine (or a person completes working on a component). Stop your timer when the next
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