lean six sigma focuses on real dollar savings and has the ability to make significant financial impacts on an organization. a. true b. false

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16-11-2022
Business

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lean six sigma focuses on real dollar savings and has the ability to make significant financial impacts on an organization. a. true b. false

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Tundexi Tundexi · Answer 1 · 2022-11-21T17:17:35+01:00

It is a true statement that the lean six sigma focuses on real dollar savings and has the ability to make significant financial impacts on an organization.

What Is Lean Six Sigma?

In management, the lean Six Sigma means a team-focused managerial approach that seeks to improve performance by eliminating resource waste and defects. The approach combines the six sigma methods and tools with the lean manufacturing/lean enterprise philosophy.

The Lean strategy was first established by Toyota in the 1940s and attempts to streamline operational processes from manufacturing to transactions. But the Six Sigma originated in the 1980s and seeks to improve output quality by reducing defects.

In all, the Lean Six Sigma strive to eliminate the waste of physical resources, time, effort and talent while assuring quality in production and organizational processes.