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Cost Justification: What's Your Organization's Sigma Level? (MFGD18C)

Presented by: Dr. Michael Abitz
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Event Description

Use PRM to Identify and Fix Issues Before They Lead to Losses

What is your organization’s Sigma Level? How badly and how much do you want to increase profits? What method of process improvement are you following? Before you think of answering these questions, here's some food for thought – according to peer reviewed research, the average Sigma score for organizations is approximately 3, which means 25 to 40 percent of your sales are typically lost to waste in manufacturing or transactional processes. And traditional methods of process improvement demonstrate high failure rates: Business Process Reengineering (BPR) 50% to 85%, Total Quality Management (TQM) 75%, and Six Sigma 90%. So the question is: what should you do?

Understand the nuts and bolts of process variation countermeasures in this eye-opening webinar by industry expert Dr. Michael Abitz.Abitz will show you how to correctly baseline your organization’s Sigma score, and discuss how the proactive methods used in Process Reliability Modeling (PRM) can help you to identify organizational issues before they result in loss of revenue. You will learn how to collect process information – including a powerful weapon you probably don’t know about; employee survey error; cause and effect diagram; process variation; the diseases of the system (5-Cs); the chaos and complexity theory; failure rate of change programs; Pareto principle; how to prioritize problems; process control charts; how to find root causes; the model for improvement; and example of results.

The topics presented in this webinar will arm you with the tools and the knowledge you need to improve processes in a wide range of areas, such as medical, transactional, engineering, manufacturing, marketing, sales, quality, documentation, education, and government.

After attending this webinar, you’ll be familiar with proven, highly effective process improvement methods that have been successfully used by teams and process owners to identify and correct problems, and save costs.

Session Highlights:

The webinar will cover the following topics:

  • Cost justification: what is your organization’s Sigma level?
  • How process information is collected (incl. your secret weapon)
  • Employee survey error
  • Cause and effect diagram
  • Manufacturing and transactional process yield: Introduction to reliability
  • Process reliability modeling: How to determine cost of ineffective process management
  • Process variation
  • Diseases of the system: The 5-Cs
  • Chaos and complexity theory in management
  • Failure rate of change programs
  • Pareto principle
  • Prioritizing problems
  • Process owners and responsibilities
  • Process control: Run charts, X-Bar, R charts
  • Finding root causes with reality charting
  • The model for improvement
  • Example of results

Who Should Attend

Any employee in medical, transactional, engineering, manufacturing, marketing, sales, quality, documentation, education, and government processes.

This training is useful for all the individuals who want to learn process variation countermeasures. It would be ideal for:

  • Senior executives
  • Strategic leaders
  • Quality managers
  • Product managers
  • Manufacturing and R&D managers
  • Quality professionals/consultants
  • ISO coordinators/management representatives
  • Engineers and supervisors
  • Laboratory quality professionals
About Our Speaker(s)

Dr. Michael Abitz
Dr. Michael Abitz is an Adjunct Professor at New Mexico Jr. College, Hobbs, NM. He received his Doctorate in Management from Colorado Technical University and Master of Science in Quality Assurance from California State University. His areas of interest include teaching online, mentoring organizations in problem-solvin... More info

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    Event Title: Cost Justification: What's Your Organization's Sigma Level?
    Presenter(s): Dr. Michael Abitz

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