Cycle Time Reduction

DBMA620 Effective Financial and Operational Decision Making

End of Seminar Project:   Cycle Time Reduction













TABLE OF CONTENTS
1.0 Executive Summary ................................................................................................ 3
2.0 Problem Statement.................................................................................................. 4
3.0 Project Objectives………………………………………………………………………….5
4.0 Final Project Description (Abstract)…………………………………………….....6
5.0 Conclusions ..................................................................................................................8
6.0 Lessons Learned…………………………………………………………………………….9
7.0 Recommendations………………………………………………………………………..10
8.0 References……………………………………………………………………………………11













1.0 Executive Summary
Companies must recognize the need to streamline manufacturing processes and cut production costs to effectively do business in an increasingly competitive world marketplace. Playing an important part in this effort to constantly improve productivity and quality throughout the organization, Six Sigma techniques have been put into effect, identifying problem areas and removing defects and process variations. Most Quality Assurance Departments, maintain a Calibration certification program in accordance with ISO 9001. It is essential, therefore, that calibration be accomplished accurately and in a timely manner if employees are to perform efficiently and production schedules are to be met. The goal of the project is to reduce the mechanical calibration cycle time and backlog. Research and data collection enabled the team to apply the four basic Six Sigma Methodologies, Measurement, Analysis, Improvement and Control, to attack and resolve the problems. Once the actual causal factors were identified and the required process improvements. Were put into effect, lab efficiencies increased resulting in a sizable cost savings per year....