Lean Strategies International
Menu

​Glossary​

Would you like to add a term to the community?

Traditional Yield

3/29/2021

0 Comments

 
  The Traditional Yield is taken at the final step of a process to measure the effectiveness of the overall process.  Specifically, it shows you the percentage of products  or information that are acceptable at the end of a process.  This can be calculated by dividing the final output quantity by the initial input amount and converting that calculation into a decimal or a percentage.  This type of measurement does not take into account scrap, rework or any other inefficiencies in a process it only looks at what goes in and what comes out.  With this in mind yield may be a good initial measurement to start with but keep in mind that it does not reveal the hidden factory.

Read More
0 Comments

DMADV

3/23/2021

0 Comments

 
DMADV Overview
Watch the FREE Video below!
  DMADV is the methodology used when designing new processes that did not exist prior to their design.  

Read More
0 Comments

Function Check

3/19/2021

0 Comments

 
Function Check
Click on the picture to learn about more Improvement Tools.
  ​A function check or functional test will help you measure the ability of your equipment to perform and work as it is intended to or should.

Read More
0 Comments

Changeover

3/17/2021

0 Comments

 
  A changeover is the work required to change a specific machine, resource, work center or line from making the last good piece of an item to making the first good piece of another item.  That means that if the first good piece after the changeover is not good the changeover is not complete.  

Read More
0 Comments

Work In Progress (WIP)

3/10/2021

0 Comments

 
Work in Progress Inventory
Check out our video below.
  Work in progress or process refers to one form of inventory.  WIP as it is often referred to as, is the work that is in process or production at a stage that falls between raw material and finished product. 

Read More
0 Comments

Y=F(X)+ε

3/9/2021

0 Comments

 
The Problem Solving Formula
Click on the photo to learn more about Lean Strategies International LLC's Services.
This is the core equation used in six sigma.  

Read More
0 Comments

DMAIC Method

3/3/2021

0 Comments

 
DMAIC
Click on the photo to visit our Training Page.
  The DMAIC Method is a problem solving methodology used within a six sigma strategy.  The methodology focuses on improving business processes, specifically through the improvement of quality and reducing variation.  It is an Integral part of six sigma.

Read More
0 Comments

    Glossary


    Subscribe below and receive lean, six sigma, operations, supply chain, logistics, distribution and business terms in your mailbox.

    Categories

    All
    #
    01. Add A Term
    3D
    3PL
    3P's
    5 Principles
    5S
    5 Why's
    6σ
    8 Wastes
    A
    B
    C
    D
    E
    F
    G
    H
    I
    J
    K
    L
    M
    N
    O
    P
    Q
    R
    S
    T
    U
    V
    VSM Shapes
    W
    X
    Y
    Z

    Archives

    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    May 2020
    April 2020
    March 2020
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    March 2018
    February 2018
    January 2018
    November 2017
    July 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    November 2015

Lean Strategies International LLC.
                           ©2015-2020 Lean Strategies International LLC.  
  • Home Page
  • Services
    • Training >
      • Waste Training
      • Introduction to Lean
      • Lean Champions >
        • Lean Six Sigma White Belt
        • Lean Six Sigma Yellow Belt
      • Lean Tools You Can Use Series! >
        • The 5S System
        • The ©Gemba Methodology
        • The FISH Methodology
        • The CURE Methodology
  • Lean Resources
    • Listen to The Gemba
    • Glossary
    • Lean and Six Sigma Quotes
    • Recommended Reading
    • Events
    • Masters of Lean and Six Sigma
    • Career /Jobs
  • Store
  • Home Page
  • Services
    • Training >
      • Waste Training
      • Introduction to Lean
      • Lean Champions >
        • Lean Six Sigma White Belt
        • Lean Six Sigma Yellow Belt
      • Lean Tools You Can Use Series! >
        • The 5S System
        • The ©Gemba Methodology
        • The FISH Methodology
        • The CURE Methodology
  • Lean Resources
    • Listen to The Gemba
    • Glossary
    • Lean and Six Sigma Quotes
    • Recommended Reading
    • Events
    • Masters of Lean and Six Sigma
    • Career /Jobs
  • Store