Productivity Improvement

In addi­tion to help­ing com­pa­nies to raise money, we also help them to save money.

 

Many com­pa­nies sim­ply throw money away in bloated oper­a­tions and non-​performing assets. We help our clients to reduce cost and enhance pro­duc­tiv­ity. Our prac­tice is based on the Six Sigma method­ol­ogy. We not only help for-​profit enti­ties, we also assist not-​for-​profit enti­ties and non-​governmental orga­ni­za­tions to improve their oper­a­tions and enhance pro­duc­tiv­ity. (For more infor­ma­tion on how we assist non-​profit enti­ties, click here.)

 

Sim­ply put, Six Sigma is a qual­ity and pro­duc­tiv­ity improve­ment dis­ci­pline which requires that deci­sions be “fact-​based” and “data-​driven”. It uses a sta­tis­ti­cal approach to iden­ti­fy­ing, eval­u­at­ing, reduc­ing and min­i­miz­ing the occur­rence of defects in a prod­uct, process or ser­vice. Obvi­ously, defects in man­u­fac­tur­ing processes lead to defects in man­u­fac­tured prod­ucts. The same can be said of ser­vices (e.g. teller-​window bank­ing). The power of Six Sigma lies in its abil­ity to unam­bigu­ously iden­tify the root cause of defects and to fol­low a dis­ci­plined path toward the reduc­tion of those defects.

 

There are two vari­ants of Six Sigma. Six Sigma for process improve­ment is gen­er­ally referred to as DMAIC (Define, Mea­sure, Ana­lyze, Improve, Con­trol) because these are the basic steps in a process improve­ment effort. ‘Design for Six Sigma’ (DfSS) uses a sim­i­lar but slightly dif­fer­ent approach to develop new prod­ucts or processes. The basic steps are DMADV (Define, Mea­sure, Ana­lyze, Design, Validate).

After more than a decade of Six Sigma prac­tice (span­ning both process improve­ment (DMAIC) and devel­op­ment (DfSS)), we can assist our clients to improve their prod­ucts and processes thereby sav­ings money. The guid­ing phi­los­o­phy is sim­ple: a penny saved is a penny earned. By reduc­ing cost, com­pa­nies are able to lever­age their resources to achieve growth and stability.

 

We can help com­pa­nies exam­ine their inter­nal oper­a­tions to reduce cost. In addi­tion, we also help com­pa­nies exam­ine ways of real­iz­ing rev­enue from non-​performing (or under-​performing) assets. In many instances, com­pa­nies have a lot of assets (equip­ment, matériel, asso­ciates, employ­ees, etc.) that can be re-​organized and rede­ployed into bet­ter per­form­ing roles and func­tions. That is another way in which we assist our clients. Our Six Sigma for Improve­ment prac­tice (DMAIC), led by Cer­ti­fied Six Sigma prac­ti­tion­ers, is very help­ful in improv­ing exist­ing processes and reduc­ing cost. We also pro­vide Design for Six Sigma (DfSS) sup­port to com­pa­nies look­ing to develop new prod­ucts or processes. In most of our engage­ments, the cost of the inter­ven­tion is more than cov­ered (in a rel­a­tively short time) by sav­ings from the process.

 

To become Cer­ti­fied as a Six Sigma Spe­cial­ist requires exten­sive (and mon­i­tored) train­ing in addi­tion to sev­eral years of prac­tice. Ver­ti­cal Opti­miza­tion has spe­cial­ists who are highly expe­ri­enced in these two prac­tices. We can help you.