Operatiions Management

“ Six Sigma is a project-oriented methodology (or system) that provides businesses with the tools and expertise to improve their processes” (Russell, 2013, pg.75). In order to rise in accomplishment there should be reduced in process variation, which leads to deficiency reduction and a raise in product and service quality, which ends in a higher income. To understand it more, Six Sigma is a procedure for increasing and transporting products and services. “The word sigma is a familiar statistical term for the standard deviation, a measure of variability around the mean of a normal distribution.” (Russell, 2013, pg.75).

In Six Sigma the basic idea is the amount of how of a product or procedure departs from perfection, or zero imperfections. In other words the central idea of Six Sigma is that the number of imperfections in the process can be calculated and then can be analytically calculates how to eradicate and get as close to no defects as probable. Throughout the diminution of discrepancies in the procedures, companies can enhance and considerable in general cost savings.

“Lean production: an integrated management system that emphasizes the elimination of waste and the continuous improvement of operations” (Russell, 2013, pg. 724). It means doing more work less employees, less stock and less room. Daniel Jones and James Womack to explain Toyota’s production system invented the word or phrase. Lean’s command is to eliminate waste.

Lean production did actually change the appearance of manufacturing and changed the global economy. In this system employees get to be multifunctional and carry out different duties. The good thing about lean production is that is produces the necessary and that it doesn’t product in anticipation. In the end Lean production systems can be used in many types of Business such as Retailing, healthcare or banking.

“Deming’s approach to quality management advocated continuous improvement of the production process to achieve...