PolyOne Accelerates Six Sigma Catching Up to Competition

Polyone leadership reviews the year's results which were positive despite the economic circumstances. Management is rapidly implementing Lean Six Sigma to drive its performance and avoid the adoption barriers experienced by its competition. ...

... "This substantial improvement in our financial position resulted from a company wide effect to cut costs, prune on profitable or high credit-risk business and expand margins of reduced working capital. These improvements were facilitated and accelerated by our newly launched Lean Six Sigma efforts. You follow many companies out there and you frequently hear them reference Lean Six Sigma principles and initiatives they employ to reduce waves and improve efficiency across their business prosthesis. Many do this very well and have been reaping benefits for years. Admittedly PolyOne was late to the game in adopting this framework, but we are off to a really terrific start. " ...

Via Seeking Alpha: PolyOne Corp 4Q09 Earnings Discussion by Management