What Companies Can Expect from their Lean Management Approach

Posted by: meikah | 16 February 2009 | 7:06 pm

I stumbled upon this old article on ManageSmarter, which gives out the following Lean Six Sigma stats:

• Cost to produce down 20-plus percent.
• Inventory down 50 to 80 percent.
• Lead times reduced 60 to 90-plus percent.
• Cost of quality down 50 to 70 percent.
• Throughput increased by 10 percent.
• Revenue and earnings growth at least twice those of your competition.

The lean consultants at R. Michael Donovan & Co., Inc., agree that manufacturers should expect effective Lean Sigma efforts to produce such results.

Source:
Lean Six Sigma Stats

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