They also won an “Innovation of the Year” Award at the Lean and Six Sigma World conference where experts from all over the world come together to collaborate on topics such as process improvement and efficiency.The term ‘Six Sigma’ is a magical word that creates ripples in today’s business world. In 2015, they generated about $1 million in cost savings. Their results were amazing over just a small period of time. Arrow Electronics, an American Fortune 500 company headquartered in Colorado, has adopted Lean Six Sigma strategies. In the electronics Industry also, Six Sigma has been introduced. They also strengthened their knowledge base and or on a path of continuous improvement which is the main aim of Six Sigma. By using tools like 5S, UEC could better understand their customer’s needs. They thus improved their quality and reduced cycle time. They used Six Sigma to strategize their business. UEC is a big player in the oil and gas industry. The medical labs slowly started responding to Lean Six Sigma and implementing process improvement methods.

At this stage, Six Sigma is what helped them stabilize the situation. Also, the reduction in government budgets has also taken a toll on their available resources. Many Medical laboratories in Canada struggle to find funding as the number of patients keeps increasing. Medical and Health Care companies have also begun to realize and appreciate Six Sigma. Not only the manufacturing companies take advantage of Six Sigma. Further, Ford estimates that an additional $300 million dollars may be contributed in terms of completed projects and customer satisfaction. In the year 2000, their Six Sigma plan contributed over $52 million profit to the company. In order to realize this vision, Ford adopted Six Sigma methodologies. They had a vision that Ford would become a consumer products company and gain the coveted increase in customer satisfaction. Ford Motor Companyįord Motor Company is an American multinational automaker headquartered in Detroit. Though this is just a beginning, they look forward to the benefits of Implementing these methodologies in their business processes. The participants applied these concepts at their workplace and produced great results. These participants were given a simulation which gave them the opportunity to use real machines and also make new plant layouts using Lean Six Sigma Principles.

Having conducted programs on Lean transformation, the participants of the organization received it really well. They have implemented the Bosch’s Lean production system within Indian corporate through a partnership with BMGI. Boschīosch is a world-leading multinational engineering and electronics company headquartered in Germany.

Let us look at some of the interesting success stories of companies and their experience with Six Sigma. Many companies have seen great success in their business by implementing Lean Six Sigma ideologies in their work processes. Lean Sigma has been proving itself over the past decades in various fields.

Lean six sigma success story