I stumbled upon this interesting article on iSixSigma about using the 5V approach to increase plant efficiency. As pointed out by the author, this 5V approach already includes the Lean Six Sigma principles.
The five V’s are:
- Voice of the Customer
- Value Addition
- Value Stream Mapping
- Variation Zero
- Visual Management
Six Sigma : Your Resource for Strategic Management. Meikah Delid. Eversun Software 2006.
