Syracuse.com carries an article titled as such. According to the article, the method of treating business problems as if they were statistical equations to be solved has saved companies billions of dollars. The Six Sigma course offering at Syracuse University-NY is focusing on this.
In the article, the following points are raised:
- Motorola saved $17 billion from 1986 to 2004
- the Six Sigma program, taught online and in classrooms at SU, has saved $4.8 million for local companies; the average return so far is $320,000 on 15 projects
- Adam Gadway, senior managing engineer at Anaren Inc.: the project he worked on cut lead times in a work cell from 13 days to five, saving the company $21,000; it also provided him with a valuable skill
- Crucible Specialty Metals is putting department heads through the program to complement its efforts to become more efficient, said President James Beckman; the company has the potential to save $370,000 on two projects it has done so far, and plans to make Six Sigma part of the Geddes steel maker’s culture
