Six Sigma
A scientific and practical method to achieve improvements in a company A disciplined quantitative approach for improvement of defined metrics Can be applied to all business processes, manufacturing, finance and services.
Practical: Emphasis on financial result. Start with the voice of the customer.
Sigma Levels
Sigma Level A value from 1 to 6 that signifies the maximum number of defects per million: 1 Sigma = 690,000 defects/million = 31% accurate 2 Sigma = 308,537 defects/million = 69.1463% accurate 3 Sigma = 66,807 defects/million = 93.3193% accurate 4 Sigma = 6,210 defects/million = 99.3790% accurate 5 Sigma = 233 defects/million = 99.9767% accurate 6 Sigma = 3.4 defects/million = 99.999997% accurate
Cont.
Black Belts :- Fully trained six sigma experts who lead improvements teams, work on six sigma projects and mentor Green belts.
Green Belts :- Fully trained individuals who apply six sigma skills to improvement projects. Yellow Belts (Team Members) :- Individuals who support project in their areas.
Q FACTOR OF DABBAWALA
Error Rate:- 1 in 16 million transaction Six sigma Performance (99.9999) Cost Of service:- Rs. 250- 300 per Month Standard price for all (Weight; Distance; Space) Rs. 30 Crore approximately Annual Turnover. No Strike records as reach one a share holder Earnings:- 4000 To 5000 per month.
STRENGTHS
100 % achievement in Teamwork, Discipline & Honesty Time Management Customer Satisfaction Low Operational Cost Satisfaction of Team Members Just in Time Approach 0 % dependence upon Technology Investment
WEAKNESS
Highly dependent upon Mumbai Local Train Service Limited access to education Funds for the association
OPPORTUNITY
Tie up with Caterers to serve variety of Meals i.e. Diet food, Chinese/Continental Food, Food for Fasting Opportunity of expansion of service on the routes of Mumbai Metro Expanding Network in other cities Booking of Service through Internet & SMS Recently started needs to be popularized
THREATS
Threats from fast food joints & small restaurants Food Courts at Malls / Mega Structures
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