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Jay Arthur
We help people think! Copyright © 2009
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Every company has two "factories: one that delivers your product or service, and a hidden "Fix-it" factory that cleans up all of the mistakes and delays that occur in the main factory. In most companies, one out of every three employees is inspecting or fixing the product or service. If you're a 3-Sigma company, the Fix-it Factory is costing you 25-40% of every dollar you spend. If you're a $10 million company, that's $2.5-$4 million that could be added back to your bottom line using Lean Six Sigma. In a $1 billion company, that's $250-$400 million. I have found that it's relatively easy to shift at least 10% of that
cost out of the Fix-it factory in 12-18 months using the essential tools
of Lean Six Sigma. Whether it all flows to the bottom line or you use
it to grow your business is up to you. Every one penny improvement
in profits per share can increase shareholder value by millions of dollars.
Faced with rising costs and shrinking profits? Get Jay for a Day!Learn streamlined methods to boost productivity and profits using Lean Six Sigma.
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