Topic
Lean Six Sigma
About: Lean Six Sigma is a research topic. Over the lifetime, 1919 publications have been published within this topic receiving 29142 citations.
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2 citations
09 Apr 2015
TL;DR: In this article, the authors present a set of demand forecasting and risk modeling tools and techniques to help both achieve target service levels and quantify the risk of stock-outs in the DLA aviation supply chain.
Abstract: : This study set out to provide the Defense Logistics Agency (DLA) a set of demand forecasting and risk modeling tools and techniques to help both achieve target service levels and quantify the risk of stock-outs in the DLA aviation supply chain. This vision culminated in a simple process that all together takes between 1 to 2 hours to understand a product s demand volume, pattern, probability distributions as well as quantifying the risk of stock-outs. Perhaps an easier way to think about this study is that it became a discussion about buying the right stuff at the right quantity and at the right time. The result of this study is the recommendation of three actions to (1) identify the few stock items that have the greatest impact on the organization s annual budget (2) use the forecasting and risk modeling technique described herein to calculate adequate inventory for the target service level(s) and (3) execute a lean six sigma project to reduce drivers for the organization s risk exposure. A higher risk exposure influences the decision to carry more safety stock; thus creating a vicious cycle of increased material costs.
2 citations
TL;DR: LSS turns out to be an inadequate methodology to significantly improve knowledge management, mainly due to the imprecise measurability of knowledge management processes.
Abstract: The purpose of this paper is to identify and evaluate potential synergies between the two management approaches Lean Six Sigma (LSS) and knowledge management. Although a strong interaction between them is suspected, there is only very little academic research on their possible interrelation available. This paper aims to close this research gap.,Based on a comprehensive literature review and a comparison of LSS and knowledge management two hypotheses on their interlocking application are formulated, discussed and evaluated.,Knowledge management supports and improves the application of LSS in various ways. In particular, the deliberate integration of communities of practice, information and communication technologies, and feedback and “lessons learned” sessions can develop potentially positive synergy effects and contribute positively to the success of LSS projects. In contrast, LSS turns out to be an inadequate methodology to significantly improve knowledge management, mainly due to the imprecise measurability of knowledge management processes.,The findings are based on a literature review and are not supported by empirical evidence. Therefore, empirical research in this field is suggested.,Organizations using LSS could enhance their performance by integrating instruments of knowledge management, whereas they should critically examine LSS as a methodology for improving knowledge management.,Considering the existing research gap in this field, this paper encourages organizations using LSS to reflect on if and how they could integrate instruments of knowledge management into their practice to achieve better LSS results.
2 citations