Continually changing markets affect all industries; sooner or later the world will move on. Any product or service will eventually become obsolete if it is not refined to keep up with these ever-changing market demands. Staying still is not an option. A good Continuous Improvement process will deliver rapid evolution into any business. If one can improve faster than their competitors then they will be able to secure more of the market in future. The four basic requirements needed to develop a flourishing Continuous Improvement culture are stating your intention to improve, harvesting opportunity ideas i.e. initiating a continual improvement process, empowering the workforce i.e. deploying a continuous improvement culture, which is easy where the staffs are empowered to improve and measuring the improvement culture by the number of identified success and celebrating the success. To know more about these four requirements go to:

http://adaptivebms.com/How_to_establish_a_Continuous_Improvement_Process/

The main principle of Lean Six Sigma is to reduce waste and defects, thereby improving your process performance. But, just implementing it may not help you to bear the fruit. In the first step, you have to think ‘What will be the financial implications if I apply Lean Six Sigma on this process?’ Your company’s bottom line is the ultimate thing that speaks. So, it should be in such a way that when you apply the principles of Lean Six Sigma on the right processes, it will help you to optimize the costs associated with it and generate maximum return out of your investments.

Chris Rees, Director of Operations for SigmaPro and a Lean Six Sigma Black Belt, talks about how to go about for tuning your process that is financially beneficial. Read it here: http://www.business2community.com/strategy/linking-process-financial-performance-0834974#!Dswbh

Inventory optimization (IO) solutions are meant to help managers match supply volume to customer demand over a large number of stock keeping units or SKUs. One significant drawback of single-echelon solution is that safety stock can only be managed at the individual facility level, which can result in excessive inventory if a company operates in multiple functions. Multi-echelon solutions allow safety stock to be managed and optimized over the entire network & are required for complex situations in which facilities are considered as parts of a network. With the time, business houses had realized the value of inventory optimization for improving gross margin. The potential benefits are substantial, albeit many managers had conveyed that cutting back too much on inventory can cause delays in order fulfilment and hence, there is a high chance of increased customer attrition. However, a recent survey revealed that best-in-class firms actually improve service levels and financial performance through their use of inventory optimization solutions. Hence, balancing inventory and service levels doesn’t have to be a win/lose exercise.

Author Al Bredenberg had given a detailed view on this aspect in his recent article. To read, visit the following link:

http://www.thomasnet.com/journals/techtrends/articles/inventory-optimization-helps-straddle-the-line-between-shortage-and-excess

As most manufacturing firms know, Lean Six Sigma is a proven way to improve operations. It works best when initiatives are aligned with the broader strategic goals of the company.  However, Six Sigma initiatives must be aligned directly to a company's business goals. Senior leaders face a lot of challenges as they try to connect day-to-day activities with strategy. Lean Six Sigma initiatives address these strategic gaps and issues, generating breakthrough performance. Leading companies, that have adopted the Six Sigma methodology, have seen major improvements in their processes. Initiatives are originally sought by adopting what we call a Focused Lean Six Sigma approach. This approach takes a different perspective to create long-lasting change.

For call centres too, to make your task easy, there are different performance management solutions that you can put to use to know various aspects – out of which you can make out areas of improvements. But for this, you have to know how to use your performance management solution. Read more at:  

http://www.callcentrehelper.com/trade-secrets-getting-the-best-from-your-performance-management-solution-60462.htm

GoSigmaWay Consulting Services [www.gosigmaway.com] offers various training programs on “Lean six sigma”, apart from their arsenal of cutting edge consultancy solutions to enable your organization achieve its performance goals.

When it comes to delivering software, today’s business climate has three prerequisites for success: speed, agility, and innovation. While multi-year, expensive and bloated software initiatives were once a reality for some companies, today’s expectations for new projects are measured in days, weeks, and months. Today, leaders understand that a faster, iterative approach can result in faster development that is also of a higher quality.

To read more, Visit:

http://venturebeat.com/2014/03/10/continuous-delivery/