19Chapter one: Overview of modern quality
1.12 Integrating QM with LSS techniques
Many organizations emphasize quality as a means of staying competitive in the
marketplace in the long run. They view that having a reputation of high quality is like
representing future market share for new customers and maintaining the market share
for existing customers over their lifetime. Further, improving quality can provide long-
term nancial savings, such as scrap and rework reduction. We associate these quality
savings as long-term savings that are difcult to quantify. One method to quantify
quality is the initiative known as Six Sigma. The label “Six Sigma” originates from sta-
tistical terminology, wherein sigma represents the standard deviation. ...