Key Points Predictive analytics allows for proactive decision-making, as opposed to reacting when things go wrong. Utilizing ...

DMAIC is an acronym for Define, Measure, Analyze, Improve, Control. It is a process improvement methodology of Six Sigma that’s used for improving existing processes. See DMAIC Methodology. DMAIC is ...

Common Lean Six Sigma tools include DMAIC (define, measure, analyze, improve, control), data collection plan, scatter plots, SIPOC (suppliers, inputs, process, outputs, customers), stakeholder ...

Lean Six Sigma is a process improvement methodology recognized worldwide in organizations both large and small, across all areas of business. Many companies pay a salary premium for employees with ...

Many business owners may have heard of and implemented lean production principles - a method for eliminating waste - or Six Sigma, a data-driven approach to eliminating defects, but practitioners ...

Many breakthrough innovations come by happy, unanticipated accident rather than by plan, but Six Sigma is all about planning, predicting, documenting, adjusting, and improving.