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Lean Six Sigma by Michael L. George

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Chapter 4Creating Competitive Advantage with Lean Six Sigma

Lean Six Sigma offers the CEO the means of creating and sustaining a significant competitive advantage. The value proposition discussed in Chapter 1 (pp. 9-13) is compelling: actual experience has shown that companies using both Lean and Six Sigma methods can reduce lead times by up to 80%, reduce manufacturing overhead and quality costs by 20%, and improve delivery times to above 99%. Applying Lean to the product development process can reduce time-to-market by 50% and enable the reduction of material cost by 5%-10%. The creation of the competitive advantage comes from developing a superior and sustained ...

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