Better Management Through Lean Six Sigma

The average company can benefit from the discipline of lean and Six Sigma to manage quality and streamline the organization. ...

... "That's the power of Lean Six Sigma - having more profit from streamlining your existing processes, which will then free up resources to do the things you simply don't have time to do. " ...

Via Nova Scotia Business Journal: Six Sigma results

Regal Beloit Earnings Driven By Lean SixSigma

Regal-Beloit sees growth and sustains profitability through Lean Six Sigma, which helps the company increase margins. Regal-Beloit uses GE Six Sigma methods. ...

... "The Company's initiatives continued to gain traction and had a significant impact on the Company's performance. New products and acquisition growth fueled sales growth, while Lean Six Sigma helped support operating margins. Net sales increased 5.1% to $418.6 million from $398.3 million in the first quarter of 2006. " ...

Via Regal Beloit: 11% Earnings Per Share Increase on Strength of Industrial Markets

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 ...

Lean Practices Local Training

Wisconsin Manufacturing Extension Partnership will offer training and consulting in lean practices to local businesses. ...

... "Local resident Fritz Dramm has joined the Wisconsin Manufacturing Extension Partnership as a manufacturing specialist. In this role, he will help area small and mid-size manufacturers implement strategies to boost competitiveness and profitability. " ...

Via Manitowoc Herald Times: Read

LeanSixSigma ProfitMargin Improves: Regal-Beloit

Regal-Beloit sees bottom-line impact from Lean Six Sigma initiatives. Its profit margin is increasing from the operating efficiencies created by Six Sigma projects. The CEO reports that the earnings improvement is largely driven by contributions from corporate wide initiatives. REGAL-BELOIT CORPORATION is a leading manufacturer of mechanical and electrical motion control and power generation products. The company is headquartered in Beloit, Wisconsin. ...

... "The gross profit margin for the fourth quarter of 2006 was 24.3%, which was 150 basis points above the gross profit margin in the fourth quarter of 2005 as a result of contributions from our Lean Six Sigma and productivity initiatives. Income from operations was $39.5 million or 10.8% of sales, a 3.1% increase over the $38.3 million or 10.2% of sales reported for the fourth quarter of 2005." ...

Via Regal-Beloit: REGAL-BELOIT Fourth Quarter Earnings Per Share Increase 8%