Summing Up Metrics and Dashboards In summary, metrics are be used as headlights pro-active to see what is ahead rather than as a "rear view mirror" review of historical performance.
We especially like to observe that our process improvement programs and methods are paying off. Write a to 1,word paper in which you describe at least three problem analysis t.
Watch out for the desire to collect perfect data in order to avoid analysis paralysis.
Look for the lowest common denominator used in the majority of your existing metric calculations and make that your metric instead. Elements of Lean Paper Resources: Because they drove that metric nearly explicit of any other, the axiom became true.
They work well regardless of what methodology you use. Where is your organization in the evolution of a Lean Enterprise? Of course, time works very well as a Six Sigma metric, and part costs work excellently as a Lean metric especially if your accounting system can truly tally the real cost of each part in process in your plant.
Time is a very simple measure that is hard to manipulate, easy to understand, and readily equates to process efficiency and business health.
Metrics help the organization focus on the most critical business factors Key Performance Indicators, KPI that have a profound impact on sustaining business success. We know that some process in purchasing, planning, our production or our product development function is out of control when we must expedite incoming material.
The reasons that part and material costs we order can be revealing about process control are many. Metrics are useful in planning for cost, schedule, quality, risk management, etc.
What other methods could be considered? There are sections of on-line and physical bookstore shelves full of resources on business and process metrics. You can use PowerShow. You can choose whether to allow people to download your original PowerPoint presentations and photo slideshows for a fee or free or not at all.
What technology drivers influence the evolution to lean enterprise? Give an example of how a particular TQM tool resolved a quality issue. What would be the challenges that your organization would have to overcome to successfully utilize Six Sigma? In my experience, especially in organizations with dubious Six Sigma success or fledgling Six Sigma programs, the easiest way to get a pulse of process control and variation is to measure the variation in piece part and material order costs.
Is your organization utilizing any lean enterprise principles to achieve its vision? Identify the customer expectations f.
This metric is a little tricky and it takes some experimentation to find the right components to track.
Instead they adopt undesirable behavior. Find the common factors that appear in most or all of them. Do the ones you track meet the criteria? Metrics could be at the strategic or enterprise level or at the tactical or operational level. Watch out for aggregated metrics, especially if the separate measurements are strongly correlated as it provides no additional value.
My mentor from that business I mentioned believed heart and soul that time equals money and it showed in the way his business operated. Any metric we incorporate in a Six Sigma culture should not only communicate a raw or average value, but a distribution of variation.
Measure time that a single part is in production, and measure time from order to ship.ISCOM /ISCOM Week 4 Learning Team To-Be Process Flowchart and mint-body.com ISCOM /ISCOM Week 5 Individual JIT and Process Standardization mint-body.com ISCOM /ISCOM Week 5 Learning Team Business Process Improvement Plan and Metrics Paper and mint-body.com Business Process Improvement Plan And Metrics Paper Iscom Process Improvement Plan University of Phoenix Dr.
Anthony Matias March 24, Abstract The premise of this paper is to identify deficiencies in daily managerial processes by using systematic statistical process controls and make the necessary mint-body.com paper will. The PowerPoint PPT presentation: "ISCOM Week 5 Learning Team Business Process Improvement Plan and Metrics Paper and Presentation (1)" is the property of its rightful owner.
Do you have PowerPoint slides to share? It seems contrary to modern business practice not to have a sophisticated dashboard of business metrics to communicate and visualize the health of our organization. We especially like to observe that our process improvement programs and methods are.
Selecting Effective Metrics and Dashboards for Process Improvement Efforts. KPI) that have a profound impact on sustaining business success.
Metrics also help with the understanding of the current status of the process with decision making and making reliable prediction. Metrics are useful in planning (for cost, schedule, quality, risk.
Handbook for Basic Process Improvement i Table of Contents Section Page Step 9: Plan to implement the process change 28 Step Modify the data collection plan, if necessary 30 Step Test the change and collect data 31 may have seen the process on paper in its entirety for the first time in Step 3.Download