Six Sigma Companies News: Boeing Reports Q4 Revenues
Posted by: meikah | 27 January 2010 | 7:50 pm
Here’s another edition of Six Sigma Companies News. Boeing went through some rough times in the last couple of years.
Yet in the last quarter of 2009, Boeing reports:
… fourth-quarter revenues rose to nearly $18 billion from $12.7 billion a year earlier and net income rose to $1.3 billion, or $1.75 per share, compared with a loss of $86 million, or a loss of 12 cents a share in 2008.
Filed under: Six Sigma Organizations, Six Sigma, Six Sigma News
No Comments » |
Six Sigma Review: A Fresh View of Six Sigma Data and Tools
Posted by: meikah | 2 December 2009 | 9:34 pm
David Hallowell, writing for iSixSigma, encourages Six Sigma practitioners to create a fresh view of Six Sigma data and tools.
David says that this fresh view will help practitioners get a broader understanding of Six Sigma and how it can be applied to processes, especially when you are dealing with new situations.
Read: Creating a Fresh View of Six Sigma Data and Tools
Filed under: Six Sigma Organizations, Six Sigma References, Six Sigma, Six Sigma Jobs, Six Sigma Professionals
No Comments » |
Six Sigma Companies News: GM Struggles to Shed a Legendary Bureaucracy
Posted by: meikah | 22 November 2009 | 9:51 pm
Here’s another edition of Six Sigma Companies News.
Because of the crisis, many big American companies are either closing down or applying for a stimulus package or emergency bailout. You wouldn’t think this could happen to these companies actually.
One of them is G.M. After it received the government’s emergency bailout, G.M. had to reevaluate its operations. And according to the latest news, it’s streamlining.
New York Times reports:
When G.M. collapsed last year and turned to the government for an emergency bailout, its century-old way of conducting business was laid bare, with all its flaws in plain sight. Decisions were made, if at all, at a glacial pace, bogged down by endless committees, reports and reviews that astonished members of President Obama’s auto task force.
Filed under: Manufacturing, Six Sigma Organizations, Economy, Six Sigma, GM, Six Sigma News
No Comments » |
6 Tips for Six Sigma Implementation
Posted by: meikah | 17 November 2009 | 11:03 pm
Sourcing Innovation shares six tips for Six Sigma implementation.
- Go Six Sigma, Go Lean All The Way
- Don’t Forget The Change Leadership
- Get the Measurement Systems Right
- Understand the Wider Environment
- Don’t Expect Training Alone To Solve Everything …
- … But Don’t Forget the Training!
Filed under: Six Sigma Organizations, Deployment, Project Management, Six Sigma
No Comments » |
Bath Fitter in Springfield Gets Funding for Six Sigma Training
Posted by: meikah | 15 November 2009 | 8:33 pm
Bath Fitter in Springfield gets funding support from the state Department of Labor & Workforce Development for Six Sigma training. The amount is $19,736.
The funds will be used for the training of 83 employees in Six Sigma, Manufacturing Efficiencies, and Lean offices.
Workforce Essentials, Inc. played a key role in awarding the grant to Bath Fitter.
The Tennessee Department of Labor and Workforce Development administers the Incumbent Worker Training program. The program has been structured to be flexible to meet the business’s training objectives. The business may use public, private, or its own in-house training provider based on the nature of the training.
Filed under: Six Sigma Organizations, Training, Six Sigma, Bath Fitter
No Comments » |
Agilent Innovates New Six Sigma IP Strategy and Process
Posted by: meikah | 8 November 2009 | 8:05 pm
Agilent, the premier measuring company, innovates through Six Sigma. How do they do it?
Filed under: Six Sigma Organizations, Six Sigma, Agilent
No Comments » |
Lydall Attributes Positive Financial Results to Lean Six Sigma
Posted by: meikah | 5 November 2009 | 9:01 pm
In the recent press release, Lydall announces positive results in their financial standing for the third quarter and nine months ended September 30, 2009.
Dale Barnhart, President and Chief Executive Officer, commented, “While net sales in the current quarter were lower than the third quarter of 2008, we began to see some positive signs in certain of the markets that our businesses serve. In the third quarter of 2009, net sales and gross margin percentage improved in all our segments compared to the second quarter of 2009. Net sales for the Company increased by $8.9 million, or approximately 16%, net of foreign currency translation, in the third quarter of 2009 compared to the second quarter of 2009. As a result of this improved revenue, the Company’s third quarter financial results improved significantly from the second quarter of 2009.
“We are encouraged by the improvement in financial results by our Performance Materials and Thermal/Acoustical segments. Operating income from the Performance Materials segment in the current quarter was $2.9 million, an improvement of $1.8 million from the second quarter of 2009. In our Thermal/Acoustical segment, we were able to record a nominal profit due to higher sales as well as from savings beginning to be realized from the consolidation of our North American automotive facilities and from our Lean Six Sigma program.
“Going into the fourth quarter of 2009, while we have started to show improvement in our financial results, the Company expects global economic uncertainties to continue to affect the markets in which the Company’s businesses operate. The Company will remain focused on opportunities in its markets, managing working capital, cash generation and improving our business operating processes through our Lean Six Sigma program.” Â
Filed under: Lean Six Sigma, Six Sigma Organizations, Lean, Six Sigma, Lydall
No Comments » |
Lean Six Sigma and Kaizen Can Work Together To Improve Processes
Posted by: meikah | 5 November 2009 | 8:15 pm
If Kaizen and Six Sigma (or Kai Sigma) can work together successfully, then Lean Six Sigma and Kaizen, too.
A Japanese philosophy, Kaizen focuses on continuous improvement in all aspects of life, while Lean Six Sigma is a combination of Lean and Six Sigma incorporating the voice of the customer (VOC).
An article on News Journal Online says that Sea Ray Boats, which experienced low sales in the past, combined Lean Six Sigma and Kaizen to improve efficiency and safety while cutting costs and eliminating wasted time and materials. The programs are still ongoing.
Zack Chehaitli, director of continuous improvement at Sea Ray’s local plant, said the use of the “Kaizen” and “Lean Six Sigma” approaches has saved the company nearly $400,000 so far this year. From 2006 through 2008, the company saved $574,000 to $776,000 a year.
Filed under: Benefits and Savings, Lean Six Sigma, Six Sigma Organizations, Kaizen, Lean, Six Sigma
No Comments » |
Spotlight on Six Sigma Professionals
Posted by: meikah | 3 November 2009 | 9:51 pm
Two Six Sigma professionals this week vow to continue doing their work applying their Lean/Six Sigma expertise.
Katina Kravik is the new CEO of Northwire. She says, “We will continue to invest heavily in our valued employees in the areas of professional development, including Design for Six Sigma, project management and lean manufacturing. These platforms will enable us to add more value to our customers, and innovate a wider and deeper breadth of product offerings with increased velocity.” [Source]
Vikas Bhalla is the new Head of Outsourcing at ExlService Holdings, Inc. (EXL). As Head of Outsourcing, Vikas will lead outsourcing operations for all EXL delivery centers globally. Vikas is a Six Sigma Master Black Belt and has been with EXL for the last eight years. [Source]
Filed under: Six Sigma Organizations, Six Sigma Jobs, Six Sigma Professionals
No Comments » |
PowerSteering Software Customers Cited for Outstanding Six Sigma Achievements
Posted by: meikah | 1 November 2009 | 7:42 pm
Three PowerSteering customers were recognized at The 2009 Global Six Sigma & Business Improvement Awards.
- Thomas F Farrell II of Dominion was named the Six Sigma & Business Improvement CEO of the Year.
- Colonel Robert C Morris Jr. of the US Army received the Six Sigma & Business Improvement Deployment Leader of the Year Award.
- The US Army’s Distributed Learning Directorate was a Joint Winner of The Platinum Award for Process Excellence Project.
Other PowerSteering customers, including Merck, Raytheon, and OSF Saint Francis Medical Center, were named as finalists in several award categories.
Congratulations!
