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ankit_sharma

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Everything posted by ankit_sharma

  1. Manufacturers today are undergoing one of their most drastic shifts ever -- a major green movement that's re-defining the way products are brought to market. Stringent environmental regulations are asking manufacturers to do more, with less environmental strain. This can spell a series of challenges for manufacturers -- as they "re-invent the wheel" in this move to green. Follow the link to read the full story: http://www.industryweek.com/articles/going_green__without_losing_sight_of_quality_16621.aspx
  2. The process of product selection that people do in their personal lives (e.g. shopping on Amazon) is strikingly similar to the process of product development that people encounter in their professional lives. Interestingly, people are often better at making the complex decisions associated with product selection than they are at similar decisions in product development. Read more at - http://www.industryweek.com/product-development/product-selection-vs-product-development
  3. Spare a few minutes to go on a virtual Lean Manufacturing Tour Just visit http://www.youtube.com/watch?v=mqgHUwSaKj8
  4. Mr. Peterson has over 30 years of experience in the aircraft maintenance, repair, and overhaul (MRO) business. Throughout these assignments, Mr. Peterson has used continuous improvement tools, such as "lean management" and "six sigma," to lead change in processes and organizational culture. Watch his speech on: http://www.youtube.com/watch?v=tfQiGDUBdD0
  5. Innovation and Six Sigma are different methods that beget different types of results and require different management styles. Do companies have to choose between the two?? Can innovation and Six Sigma coexist?? Read more at http://www.businessweek.com/stories/2007-02-27/debate-six-sigma-vs-dot-innovationbusinessweek-business-news-stock-market-and-financial-advice
  6. As the amount of data and information stored and generated by our businesses get bigger, ensuring that everyone creates and keeps the right information, and protects it isn't easy. One of the key challenges with adopting a holistic approach to information governance is that the information is stored in multiple formats, in many locations, and managed by many people with different responsibilities. This article looks at a few of these different perspectives and identifies an approach to gaining control. Read full article on http://www.processexcellencenetwork.com/process-excellence-news/articles/big-data-big-content-and-big-paper-stores-informat/
  7. During a Formula 1 race, a car sends hundreds of millions of data points to its garage for real-time analysis and feedback. So why not use this detailed and rigorous data system elsewhere, like ... at children's s hospitals? Peter van Manen tells us more. http://www.ted.com/talks/peter_van_manen_how_can_formula_1_racing_help_babies.html
  8. Respected mam! So Gender is one of the causes.... We can add this as well !
  9. Supply chain network design can deliver significant reduction in supply chain costs and improvements in service levels by better aligning supply chain strategies. Supply chain network design is a powerful modeling approach proven to deliver significant reduction in supply chain costs and improvements in service levels by better aligning supply chain strategies. Read full article on http://www.industryweek.com/planning-amp-forecasting/how-reduce-costs-through-supply-chain-network-optimization
  10. Dr. Thukral, it is indeed a comprehensive analysis presented in an apt format. Going through the Fishbone, I could not find any other plausible reason of not uploading a Profile Picture! Great Work Mam! Waiting for your Profile Pic!
  11. Perceived value is certainly the main criterion that dictates purchases! From a producer's point of view, it is therefore essential to understand the value of his/ her offering. This can easily be done by using a technique like QFD that takes into account the competitor's offering!
  12. Know everything about Process and how it has transformed our lives: https://www.youtube.com/watch?v=8ckn9KjkgK0
  13. Lean Six Sigma Competence has now become mandatory for entry and promotions in most of the organizations. More than 50% of Fortune 500 companies are now using it. In organizations like Deutsche Bank, Six Sigma is now a core philosophy and a mandatory requirement for climbing the organizational ladder. The day is not far when Six Sigma competence may become more desirable than MBA itself.
  14. A short video describing the need for a lean supply chain and the first steps in getting started. https://www.youtube.com/watch?v=AGpnoak63ak
  15. Watch this funny video on Principles of LEAN https://www.youtube.com/watch?v=wfsRAZUnonI
  16. The result of Market Research is a lot of Data that needs to be interpreted so as to translate into a suitable business process improvement. Six Sigma equips you with the tools and techniques that can help you identify the problems and take combative measures. The statistical tools like Fishbone Diagram, FMEA and QFD etc facilitate market study, competitor analysis and consumer attitude. Data, once interpreted properly can lead to effective decisions that can have constructive business implications.
  17. Process improvement is a continuous process and avenues of improvements will always be there. For instance, in an educational institution, there are several processes where improvements are possible. When students undertake Green Belt training in B-Schools, it will indeed be ideal to engage them in institutional projects. This ensures an inexhaustible pool of process improvement projects that can give tangible benefits to the institute and adequate exposure to the students.
  18. Very insightful... Apps will certainly help us interact on the go... Mobiles and in particular smart phones have become the new face of interaction and an inevitable tool to take businesses to the next level. Apps will also facilitate easy flow of ideas anytime anywhere!!
  19. As the saying goes, if all you have is a hammer in your toolbox, everything looks like a nail. But if you had a torque wrench or a power drill with a box of bits, you are likely to be much more effective. Design of experiments (DOE) is one of those specialized and sophisticated tools you should have in your toolbox. It is a technique to optimize any process or product better, faster and cheaper than other optimization methods, including A/B testing (also known as OFAT or one-factor-at-a-time) and “expert†guessing. This interview starts at a high level, discussing what DOE is and how it is used, then dives into several examples (e.g., government, technology, human resources), and ends with a hands-on demonstration using software to analyze and find the critical factors in examples in healthcare (blood analysis) and a functional area (sales force). Watch the interview @ http://www.isixsigma.com/tools-templates/design-of-experiments-doe/mark-kiemele-interview/
  20. In problem-solving methodologies, identifying potential causes is a crucial step between process mapping and data collection and analysis. It involves the best available process knowledge, as well as creativity. Creativity and team management tools, more often employed for solution finding than for root cause finding, can generate deep understanding of the process mechanics and help the team prepare for the distilling and data-based validation of the essential few root causes of a problem. Read full article @ http://www.isixsigma.com/tools-templates/brainstorming/teamwork-and-creativity-help-identify-root-causes/
  21. Innovation is vital to a company’s growth. Therefore it is sensible to establish a work environment that encourages people to be creative – a prerequisite to innovation. Introducing Six Sigma as a change initiative can help build that creative environment. But creating such a culture from scratch takes time. During the first years of a deployment, Six Sigma project leaders may not be able to wait for a creative environment to be established. To gain the full benefit from a Six Sigma project, they may have to introduce creativity themselves. To do that, they can harness tools, techniques and a way of thinking that lead to innovation. Read more @ http://www.isixsigma.com/tools-templates/brainstorming/creativity-and-six-sigma-try-doing-some-river-jumping/
  22. But from whatever limited experience I have had, I can certainly say that a tradition Indian consumer is very aspirational and seeks prestige in everything that he/ she spends on... Quality, no doubt must be the prime concern but while making a purchase decision, a typical consumer will stick to a Branded product if it is coming at the same price!
  23. How much money did your organization invest last year in training and development that failed to provide the results you sought? You are not alone if employee training classes rarely resulted in the transfer of immediately useful information to your workplace. For handy tips on making the training and development programs effective follow http://humanresources.about.com/od/trainingtransfer/a/training_work.htm
  24. There may be times when despite the efforts the Six Sigma principles do not yield expected results. Despite being trained in Six Sigma, the team may not be able to deliver. So, what could possibly be missing from your Six Sigma training strategy? Chances are you've missed one of the most critical success factors for any quality or productivity initiative: communication skills training. Six Sigma, like ISO 9000 and total quality management (TQM), will fail without a relentless organizational focus on information and communication. Read more at http://clomedia.com/articles/view/communications_training_making_six_sigma_work/1

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