how six sigma can boost your bottom line in 2016

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25 NW 23rd Pl, Suite 6 PMB 381 Portland, OR 97210 Website: www.NWCPE.com Phone: +1 (503)-610-3166 HOW SIX SIGMA CAN BOOST YOUR BOTTOM LINE IN 2016

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Page 1: How six sigma can boost your bottom line in 2016

25 NW 23rd Pl, Suite 6 PMB 381 Portland, OR 97210Website: www.NWCPE.comPhone: +1 (503)-610-3166

HOW SIX SIGMA CAN BOOSTYOUR BOTTOM LINE IN 2016

Page 2: How six sigma can boost your bottom line in 2016

25 NW 23rd Pl, Suite 6 PMB 381 Portland, OR 97210Website: www.NWCPE.comPhone: +1 (503)-610-3166

HOW SIX SIGMA CAN BOOST YOUR BOTTOM LINE IN 2016

Your organization’s profits may dip one day and soar the next, but in the end, what really matters is the bottom line. Boosting your bottom line starts by improving your operations, from processes to planning goals and objectives.

Business from GE to Ford have turned to Six Sigma to raise revenue and meet quality standards. If your organization is struggling to perform at its peak—be it through cost, quality or internal operations—Six Sigma has the measurable metrics and methodology to make your revenue stream flow again.

Page 3: How six sigma can boost your bottom line in 2016

25 NW 23rd Pl, Suite 6 PMB 381 Portland, OR 97210Website: www.NWCPE.comPhone: +1 (503)-610-3166

FIRST, IT BEGINS WITH CORE METHODOLOGIESBusinesses are constantly adapting to meet the needs of their customers and the changing marketplace. Six Sigma offers methodologies for both existing and new processes to improve operations.

For processes already in place, the DMAIC methodology is designed to bring them to their optimal state. This optimization is accomplished through 5 critical steps: Define, Measure, Analyze, Improve, Control.

Page 4: How six sigma can boost your bottom line in 2016

25 NW 23rd Pl, Suite 6 PMB 381 Portland, OR 97210Website: www.NWCPE.comPhone: +1 (503)-610-3166

For proposed processes, the DMADV methodology ensures that they reach their optimal state through 5 steps: Define, Measure, Analyze, Design, Verify. It can also be used to assure that processes in their optimal state are carried out with as few defects as possible.

Page 5: How six sigma can boost your bottom line in 2016

“25 NW 23rd Pl, Suite 6 PMB 381 Portland, OR 97210Website: www.NWCPE.comPhone: +1 (503)-610-3166

Enjoying this info so far? Spread the word by sharing with fellow Six Sigma enthusiasts.

Page 6: How six sigma can boost your bottom line in 2016

25 NW 23rd Pl, Suite 6 PMB 381 Portland, OR 97210Website: www.NWCPE.comPhone: +1 (503)-610-3166

NEXT, IT BOOSTS PRODUCTIVITY LEVELSRESULTSWhat constitutes productivity may vary from person to person. Defining this concept gets especially tricky for organizations that have locations all over the globe and must grapple with different cultural attitudes.

With Six Sigma, organizations pinpoint the root cause of low productivity by tracking the time devoted to all activities and operations. This strategy allows organizations to determine what the actual problem is and in turn, come up with a viable solution.

Page 7: How six sigma can boost your bottom line in 2016

25 NW 23rd Pl, Suite 6 PMB 381 Portland, OR 97210Website: www.NWCPE.comPhone: +1 (503)-610-3166

THEN, IT REDUCES PROFIT LOSS LEVELSRESULTSquality and defects are especially detrimental to small and new businesses, who may not have the capital or income to support errors in production. However, regardless of its size, a business will experience profit loss with defects and poorly designed processes.

Six Sigma strives for 99.999% of outputs to meet quality standards by focusing on producing fewer than 3.4 defects per million opportunities for an error. The five steps of the DMAIC framework help businesses to reduce profit loss by eliminating defects and processes that add no value.

Page 8: How six sigma can boost your bottom line in 2016

“25 NW 23rd Pl, Suite 6 PMB 381 Portland, OR 97210Website: www.NWCPE.comPhone: +1 (503)-610-3166

We’re ready to turn your organization’s processes into valuable, successful operations. Register for our email newsletters if you’re interested in receiving more content relevant to Six Sigma.

Page 9: How six sigma can boost your bottom line in 2016

25 NW 23rd Pl, Suite 6 PMB 381 Portland, OR 97210Website: www.NWCPE.comPhone: +1 (503)-610-3166

FINALLY, IT INCREASES PROFIT GROWTH METHODOLOGIES

The Six Sigma methodology gives businesses the power to foresee the results of processes including quality and cost as accurately as possible. Quality is, of course, the key here. Six Sigma takes qualitative concepts such as quality and standardizes it to achieve a consistent product or service. The output is designed to meet the customer’s vision of quality through benchmark characteristics and word class standards.

Through consistent use, organizations exceed customer expectations and yield increasing returns. To make 2016 the most profitable year yet for your organization, sign for the Northwest Center for Performance Excellence’s Winter/Spring 2016 Six Sigma courses.

Page 10: How six sigma can boost your bottom line in 2016

25 NW 23rd Pl, Suite 6 PMB 381 Portland, OR 97210Website: www.NWCPE.comPhone: +1 (503)-610-3166

FINALLY, IT INCREASES PROFIT GROWTH METHODOLOGIESThese courses are offered at Portland State University, both independently and as a series to earn certification as a Six

Sigma Yellow Belt, Green Belt or Black Belt.