In recent times, one of the most notable offshoots has been none other than Lean Six Sigma – it is already being touted as the next big thing in the world of quality improvement concepts, methodologies and systems. It would not be wrong to say that Lean Six Sigma is an advanced version of older variations of Six Sigma, because wherever possible it not only helps in reducing the defect rate but also helps in improving overall efficiency business processes by identifying and eliminating unnecessary sub-processes.
Many industries including the packaging industry is getting benefitted by employing Lean Six Sigma approaches. Let’s take a look how packaging industry is flourishing with the help of Lean Six Sigma methodologies.
Packaging materials play an important role to overall cost
You must be astonished to know that, in packaging industry, packaging materials( raw materials) play an imperative role to overall packaging costs. If a packaging company able to make even a small percentage change, it would result in a noteworthy reduction in overall costs.
Moreover, since most of the packaging company are concentrating on a single cost component, thus, the probability of achieving the desired results will increase dramatically. These are some of the prime reasons why the packaging industry showing proximity to Lean Six Sigma approaches. Lean process helps the businesses in streamlining their existing packaging processes and also, allowing them to utilize their existing manpower in the best way.
Since these days, the processes become more and more streamlined and organized, hence, the companies don’t need to employ additional manpower. And in this way, they can save a chunk of money which they can utilize in other ways. Depending on the demand of the market, organizations can also launch retrenchment or cost-cutting schemes once the desired level of efficiency has been achieved using Lean Six Sigma approaches.
Maintaining quality: the primary client requirement
The clients are very demanding these days. Most of the packaging clients demand the best possible quality in the least possible costs from the companies. And that’s why, packaging firms have implemented Lean Six Sigma method inside their organization. Lean Six Sigma is ideal because it reduces the cost without affecting the quality of the final outcome.
This is possible because Lean stresses conducting detailed analysis of all the components or say raw materials that might contribute towards the making of the final product. The analysis is done to find which components affect the quality the most and others that only play a minor role. This allows packaging companies to allocate the available funds wisely. The company usually spend the maximum amount to the major quality determinants and spend relatively less on peripheral components and inputs which may not play an important role to the overall quality of the final outcome.
This eventually results in significant cost savings, specially when a packaging firm takes adequate care to ensure that the Lean analysis is done in the prescribed manner.
Lean Six Sigma is an intricate system because it helps you to achieve that perfect balance of quality and low-cost operations. If you want to get the best results, then it is recommended to consult with the experienced and deft Black Belts or the Lean Six Sigma professionals who can handle the responsibility of implementing Lean projects in this steep competitive era.