Six Sigma

Six Sigma

Originally developed by Motorola in 1986, Six Sigma is quality management method that helps organizations to improve the capability of their business processes. This increase in performance and decrease in process variation lead to defect reduction and improvement in profits, employee morale and quality of products or services.

Industry: Quality management

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Six Sigma

theory of constraints (TOC)

Quality management; Six Sigma

A lean management philosophy that stresses removal of constraints to increase throughput while decreasing inventory and operating expenses. TOC’s set of tools examines the entire system for ...

weighed voting

Quality management; Six Sigma

A way to prioritize a list of issues, ideas or attributes by assigning points to each item based on its relative importance.

American standard code for information interchange (ASCII)

Quality management; Six Sigma

Basic computer characters accepted by all American machines and many foreign ones.

system kaizen

Quality management; Six Sigma

Improvement aimed at an entire value stream.

lean

Quality management; Six Sigma

Producing the maximum sellable products or services at the lowest operational cost while optimizing inventory levels.

physical transformation task

Quality management; Six Sigma

Taking a specific product from raw materials to a finished product delivered to the customer.

first in, first out (FIFO)

Quality management; Six Sigma

Use of material produced by one process in the same order by the next process. A FIFO queue is filled by the supplying process and emptied by the customer process. When a FIFO lane gets full, ...