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 ProductivityLabels: award, contracts, cost-reduction, dept-of-defense, effectiveness, efficiency, improvement, lean-enterprise, lean-six-sigma, military, northrop-grumman, quality-initiative, recognition, six-sigma-process, value-engineering
