Three Companies Continue Six Sigma


Posted by: meikah | 3 April 2008 | 9:56 pm

Among the big Six Sigma news this recent week are three companies that vow to continue with Six Sigma to become bigger and better.

First is Hooker Furniture, provider of high-quality entertainment centers, home office furniture. The company has enjoyed big savings and benefits. And this is their business outlook: “We expect business to remain challenging well into fiscal 2009. We believe we’ve demonstrated we can be profitable in this environment, and we have numerous efforts underway to grow our business including an executive dedicated to increasing sales with targeted national accounts, entering new product categories through our recent acquisitions and opening the West Coast Distribution Center. Operationally, we have Lean Six Sigma initiatives underway throughout the Company to eliminate waste, create value and operate more efficiently in all of our processes. We believe we are well positioned to reap the benefits when the economy turns around.” Read more…

Next is Wolverine Tube, provider of copper and copper alloy tube, fabricated products, brazing alloys and many others. The company attributes their success to Six Sigma: “Wolverine’s operational improvement efforts throughout 2007 were focused on strengthening its managerial and technical talent along with establishing a continuous improvement culture. Significant operational progress was made in 2007 as our continuous improvement culture has been established through a focused implementation of lean manufacturing and six sigma initiatives, as well as new technologies to reduce cost and improve quality performance. These efforts combined with a sharpened focus on customer satisfaction resulted in enhanced key customer relationships, improved manufacturing efficiencies and strengthening the operational base from which to grow the business.” Read more…

And the third company is Aleris International, a global leader in aluminum rolled products and extrusions, aluminum recycling and specification alloy production. Many of their savings and benefits are because of the company’s Six Sigma initiatives. “Positively impacting the 2007 fourth quarter results were benefits resulting from our Six Sigma and other productivity initiatives. Segment income was $9.9 million in the fourth quarter of 2007 compared to $14.0 million in the fourth quarter of 2006. Segment EBITDA, excluding purchase accounting adjustments, was $24.2 million in the fourth quarter of 2007 compared to $22.0 million in the fourth quarter of 2006. Segment EBITDA benefited from strong European performance, the impact of the Wabash acquisition and productivity gains resulting from our Six Sigma and other initiatives; these gains were partially offset by declining scrap spreads in our North American specification alloys business and a $4.7 million charge in the fourth quarter of 2007 for environmental matters in North America. Shipment levels increased by 242 million pounds from the prior year’s fourth quarter, driven by the acquisition of Wabash Alloys, which accounted for 170 million pounds of the increase.” Read more…


Source:
iSixSigma News

Filed under: Aleris International, Benefits and Savings, Hooker Furniture, Lean Six Sigma, Six Sigma, Six Sigma Organizations, Wolverine Tube

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