Six Sigma has come a long way from just identifying
and removing the causes of defects and errors in
business processes for increasing profits and reducing
costs. It helps organizations in making sound decisions
in every field and at every step on the basis of
verifiable data, rather than assumptions. This results
in achieving measurable and quantifiable financial
returns.
Verge uses Six Sigma combined with lean manufacturing
resulting in Lean Six Sigma using processes like
DMAIC (Define, Measure, Analyze, Improve, and Control)
and DMADV (Define, Measure, Analyze, Design, Verify)
to improve an existing business process and create
new product/process designs respectively. Lean manufacturing
combined with Six Sigma ensures speed and flow,
while maintaining focus on customer needs and variation;
this eventually results in higher ROIC (Return on
Investment Capital).
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