Quality initiatives, such as Six Sigma and Lean, are only as good as the results they produce. Quality projects are not like reengineering - they focus on incremental improvement not monumental breakthrough. However, these increments can grow to be quite large! According to the research study by benchmarking leader Best Practices, LLC, companies' savings from their largest-impact quality project for the supply chain ranged from $10,000 to $50 million, with an average savings of $5 million.
"The Supply Chain and the Impact of Quality Initiatives," a Global Benchmarking Council research study offers executives insight into what productivity approaches companies use to improve the supply chain, the cycle, staffing levels and results of the supply chain improvement projects and companies' top lessons learned leading these initiatives. Download a complimentary research document on Transforming the Supply Chain, including sample best practices, at http://www3.best-in-class.com/cr145.htm.
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