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Presentation on 6SigmA

Apr 05, 2018

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Aman Kaur
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    Presented By :-

    Amanpreet Kaur

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    A scientific and practical method to achieve improvements in acompanyA disciplined quantitative approach for improvement of defined metrics

    Can be applied to all business processes, manufacturing, finance and

    services.

    Scientific: Structured approach. Assuming quantitative data.

    Practical: Emphasis on financial result. Start with the voice of the customer.

    Show me

    the data

    Show me

    the money

    Six Sigma

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    Six Sigma companies

    Companies who have successfully adopted

    Six Sigma strategies include:

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    Sigma Levels

    Sigma Level

    A value from 1 to 6 that signifies the maximumnumber of defects per million:

    1 Sigma = 690,000 defects/million = 31% accurate

    2 Sigma = 308,537 defects/million = 69.1463% accurate

    3 Sigma = 66,807 defects/million = 93.3193% accurate

    4 Sigma = 6,210 defects/million = 99.3790% accurate5 Sigma = 233 defects/million = 99.9767% accurate

    6 Sigma = 3.4 defects/million = 99.999997% accurate

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    Six Sigma Support Structure

    Champions :- Business leaders who lead theimplementation of six sigma within thebusiness.

    Sponsors :- Business leaders responsible forthe implementation of process improvementsand monitoring process performance.

    Master Black Belts :- Fully trained qualityleaders responsible for six sigma strategy,training, mentoring and results.

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    Cont.

    Black Belts :- Fully trained six sigma expertswho lead improvements teams, work on sixsigma projects and mentor Green belts.

    Green Belts :- Fully trained individuals whoapply six sigma skills to improvement projects.

    Yellow Belts (Team Members) :- Individualswho support project in their areas.

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    Six Sigma Methodology

    Six Sigma has two key methodologies:

    DMAIC(Define, Measure, Analyze, Improve andControl)

    DMAIC is used to improve an existing businessprocess.

    DMADV (Define, Measure, Analyze, Design andVerify)

    DMADV is used to create new product designsor process designs in such a way that it results ina more predictable, mature and defect freeperformance.

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    A

    CASE STUDY ON THE LEGENDOF MANAGEMENT GURU

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    WHAT IS NUTAN MUMBAI TIFFIN BOX

    SUPPLIERS ASSOCIATION?

    Inception :- 1890

    Type of organisation :- Charitable Trust, Registeredin 1956

    Education:- 85% Illiterate

    Total area Coverage:- 60Kms/ 70 Kms

    Employee Strength:- 5000

    No. of Dabbas:- 2,00,000Dabbas i.e. 4,00,000 transactions every day.

    Time Taken:- 3 Hrs.

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    Q FACTOR OF DABBAWALA

    Error Rate:- 1 in 16 million transaction

    Six sigma Performance (99.9999)

    Cost Of service:- Rs. 250- 300 per Month

    Standard price for all (Weight; Distance; Space)

    Rs. 30 Crore approximately Annual Turnover.

    No Strike records as reach one a share holder

    Earnings:- 4000 To 5000 per month.

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    STRENGTHS

    100 % achievement in Teamwork, Discipline & Honesty

    Time Management

    Customer Satisfaction

    Low Operational Cost Satisfaction of Team Members

    Just in Time Approach

    0 % dependence upon Technology

    Investment

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    WEAKNESS

    Highly dependent upon Mumbai Local Train

    Service Limited access to education

    Funds for the association

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    OPPORTUNITY

    Tie up with Caterers to serve variety of Meals i.e.Diet food, Chinese/Continental Food, Food for

    Fasting

    Opportunity of expansion of service on the routesof Mumbai Metro

    Expanding Network in other cities

    Booking of Service through Internet & SMSRecently started needs to be popularized

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    THREATS

    Threats from fast food joints & small restaurants

    Food Courts at Malls / Mega Structures

    Catering Services offering Tiffin Services

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    Benefits of Six Sigma

    Generates sustained success

    Sets performance goal for everyone

    Enhances value for customers

    Accelerates rate of improvement

    Promotes learning across boundaries

    Executes strategic change

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    THANK YOU