Footwear Lean Manufacturing Creates Efficiency

Footwear manufacturers drive operating efficiencies through the application of lean manufacturing techniques. ...

... "Adidas AG CFO Robin Stalker said the company was well situated: We believe we are extremely well positioned competitively, vis-a-vis our competitors, in terms of lean manufacturing and engineering of our product. " ...

Via Footwear News: Crisis

Wausau Paper Lean Six Sigma Cultural Approach

Wausau Paper discusses its lean and Six Sigma approach in the enterprise during its earnings call with analysts. Its Lean Six Sigma implementation varies across the lines of business. ...

... "Where we have technical problem solving issues as it relates to high performance grades and specialty, you might see a Six Sigma approach with respect to broader cost reduction opportunity, you might see a lean approach being used and sorry to tell you it somewhat differs necessarily from one business to the other but it tends to be a continuous and intense cultural approach within the corporation. " ...

Via Seeking Alpha: Wausau Paper Corp. Q4 2007 Earnings Call Transcript

Travel Management Efficiency Through Six Sigma

Travel manager uses Six Sigma to drive efficiencies in the travel management process and reduce overall travel costs. ...

... "Using the Six Sigma analytical process, Kelliher determined that these cancellations and exchanges were significantly bulking up Dominion's air costs. " ...

Via Business Travel News: 2007 Travel Manager Of The Year

Healthcare Cost Efficiency Using Lean Six Sigma

Hospitals see Lean methods as answer to rising costs. ...

... "We have a process called Lean Six Sigma, she said. Basically we look at hospital processes to see where we can improve quality by becoming more efficient. " ...

Via Cumberland Times: Hospital Costs

Cost Reduction Program Yields Results

Standard Register implements cost reduction program to compete effectively in its industry. ...

... "Earlier this year, the Company consolidated its manufacturing and warehousing operations in a move expected to save approximately $5 million annually. Today's action eliminated approximately 250 positions, primarily in management and overhead, representing $22 million annually in compensation and related costs. Other new initiatives that target purchasing costs and other non-compensation expenditures are expected to lower costs by an additional $13 million annually. These actions, including the earlier restructuring, are expected to reduce second half 2007 costs by $15 million versus the levels incurred in the first six months of the year. The remaining balance of the $40 million in annual savings is expected next year. Separation costs associated with today's restructuring are estimated at $3.5 million, which will be recorded in the third quarter. " ...

Via Standard Register: Cost Reduction

Goodyear SixSigma Cost Savings Ambitions

Goodyear increases cost-savings targets in an ambitious plan to transform the company's profitability, through Six Sigma and other creative methods. ...

... "Based on the significant progress we made in 2006 against our four-point cost-savings plan, I am confident we will exceed our 2008 target of more than $1 billion, Keegan said. We are aggressively targeting additional cost savings in 2009 and raising our gross cost savings goal over this four-year period to between $1.8 billion and $2 billion. " ...

Via Goodyear Tire: First Quarter Results Provide Platform for Growth, Cost Savings

Value Engineering Award to Northrop Grumman For Lean Principles

Northrop Grumman is selected by U.S. Department of Defense to receive its Value Engineering Achievement award for innovative productivity improvements, that leverage the principles of Lean Six Sigma. ...

... "Value Engineering, developed in the 1940s at General Electric Co., is a systematic process widely used in government and industry to identify actions that improve performance, reliability, quality, safety and life cycle costs. The Defense Department said a total of 3,473 government and contractor-initiated proposals were accepted during fiscal year 2006 with projected savings/cost avoidance in excess of $1.6 billion. Northrop Grumman was nominated for its Value Engineering Achievement award by the Defense Contract Management Agency (DCMA), which cited the implementation of Six Sigma and Lean principles at the company's Integrated Systems sector. According to the DCMA nomination, Northrop Grumman's implementation of these initiatives has been increasingly reducing costs, improving quality, enhancing effectiveness and increasing efficiency throughout the enterprise and on Defense Department weapon system acquisition contracts and services. The 2006 Defense Department Value Engineering awards will be presented May 16, 2007 at the Pentagon. " ...

Via Northrop Grumman: Northrop Grumman to Receive U.S. Department of Defense Value Engineering Award for Improving Productivity

Nortech Strategic Focus: Lean Manufacturing Initiative to Drive Significant Profit Margins

Nortech Systems reports 17 percent increase in quarterly net sales and an increase in annual net income. The company is initiating a lean manufacturing program to continually improve operational efficiency resulting in expansion of profit margins. ...

... "During 2006, Degen said higher costs for energy and commodities were offset by volume increases and operational leveraging. Another strategic focus for Nortech is the launching of a comprehensive lean manufacturing initiative aimed at further cost reductions and continual improvements. This program has a near-term goal of increasing the company's net profit significantly. As with lean manufacturing efforts, Nortech will continue to focus on building customer relationships that will permeate every aspect of the company, not just sales and customer service. While strengthening its relationship with existing customers, Degen said the company continues to gain traction both with new customers and new markets. " ...

Via Nortech: Nortech Systems Reports Fourth Quarter, Fiscal 2006 Year-End Results ...