Louisiana-Pacific Six Sigma Improvements Drive EBITDA Positive

Louisiana Pacific is seeing strong returns from its investment in Six Sigma program. ...

... "Our leading six sigma efforts continued to provide us cost and process improvements. So far this year we are at somewhat of an astounding rate of 7.6 to 1 in terms of returns over the cost of implementing that program. The big financial news for LP this quarter was of course being adjusted EBITDA positive for the first time in quite awhile. " ...

Via Seeking Alpha: Louisiana-Pacific Q3 2009 Earnings

The Lean Investment Pays Offs

Investment in productivity initiatives, such as Lean and Six Sigma, help position companies for better performance through the peaks and valleys of the business cycle. ...

... "Toyota's margins were higher because it invested heavily in automated production systems and lean manufacturing initiatives over many years and, as a result, was much better positioned to weather the current crisis than its American competitors. Investing in yourself -- especially when your competitors can't -- usually leads to a payoff down the road. " ...

Via Motley Fool: Get Better In a Recession

GreenBelts Deliver Six Sigma Benefits

Crown Equipment invests in Six Sigma training and the company's green belt workforce delivers tangible benefits with more planned. ...

... "Somewhat counter to initial expectations, for instance, has been the finding that the bulk of the $1.5 million of savings has come from Green Belt activities ... " ...

Via Manufacturing Business Technology: Six Sigma payoff

Kaizen Events Worth Time Investment

In some companies, it takes awhile before successes prove that kaizen events are worth the investment of time. ...

... "effects of a properly planned and executed kaizen event will pay for the perceived lost time of the participants many times over. " ...

Via Reliable Plant: Kaizen events

Operational Efficiency Limits?

Will high-efficiency enterprises reach a point of diminishing returns when it comes to operational efficiency? ...

... "Logistics experts with a Six Sigma background may argue that point is never fully realizable, although a retailer (or any business) must know when to cut and run when the costs expended to save money cost more than the eventual money saved. " ...

Via BloggingStocks: Limits of Efficiency

SixSigma Benefit Realization: Detail Tangible Benefits

Six Sigma discipline can be used to drive tangible benefits from IT investments. This can be enabled by a robust program for benefits realization that ensures that the benefits articulated in the business case are achieved. ...

... "The process is an amalgamation of this company's rich history in Six Sigma and their belief that technology can revolutionize their industries, core business processes, and internal functions. " ...

Via Optimize Magazine: Benefit Realization