Very often, people tend to
ask “which is the best improvement methodology to adopt?’
Though my bet lies with Lean, but I would say “it actually depends on what exactly does your organization need”.
People are usually
confused about the most spoken and used improvement methodologies – Lean, Six
Sigma and Theory of Constraints (TOC).
Though my bet lies with Lean, but I would say “it actually depends on what exactly does your organization need”.
I recently read an article
which very interestingly differentiate the three as shown below:
Process Improvement Methodologies
|
Focus
|
Result
|
Six
Sigma
|
focus on
reducing variation and
achieving
uniform process results in less waste, less throughput
time and less inventory
|
If we focus on
reducing variation,
then
we will have more uniform process output.
|
Lean
|
focus on waste
and flow time results in
less variation, uniform output and less
inventory
|
If we focus on
waste removal, then flow time will improve.
|
TOC
|
focus on
constraints and increased
throughput
results in less inventory and a different accounting
system
|
If we focus on
constraints, then throughput volume will improve.
|