Reducing Cost and Increasing Profitability through Lean Six Sigma

Customized Training Solutions Pte Ltd

Equip leaders of why, what, and how Lean Six Sigma can be applied to cost reduction and revenue growth during times of crisis

Please send us an email at enquiries@ctsolutionsglobal.com and we will update you on the next schedules.

Discover The Best Problem-Solving Methodology To Reduce Cost &amp; Increase ProfitabilityThis Training is Perfect For...Business Owners &amp; C-Levels<ul><li>This course will be valuable to business leaders who wants to know how to select and prioritize strategies and initiatives.</li></ul>Includes: CEO, CFO, COO, CIO, CTO, CHRO, Business Owners, Directors, Division Heads and Senior ManagersManagers &amp; Team Leaders<ul><li>This workshop will benefit leaders who would like to know how to make a process that is more efficient and effective especially during the pandemic.</li></ul>Includes: Department Heads, Department Managers and Team Leaders select and prioritize strategies and initiatives.OverviewDuring a pandemic, consumers, employees, and businesses tend to change behavior in order to survive. Consumers become price sensitive in selecting products and services. Employees fear the effect to their safety and economic standing. And businesses, have to restrict all unnecessary spending in order to save cash. In other words, behavior drastically have to change because of the effects brought about by a pandemic like COVID 19.In business, there are different perspectives on how they would bridge the pandemic times depending on how much cash reserves they have. For the cash abundant businesses, they continue to operate with the same number of employees but on staggard schedule basis. And they pivot fast to other business model or product and services like essential products. While those that are not cash abundant, they resort to immediate mass headcount reduction and closing some business units in order to save the mother ship to keep afloat until the storm had passed. The problem sometimes is the haste of doing all these, is that, it may result in bad quality of product and services that has direct effect on customer satisfaction that may lead to loss sales.Lean Six Sigma is a management system and a problem-solving methodology that will equip leaders of businesses on how to make a process that is more efficient and effective especially during the pandemic.Objective<ul><li>Equip busines leaders on how to select and prioritize strategies and initiatives</li><li>Learn how to organize and lead strategic initiatives to fruition – the Lean Six Sigma way</li><li>Learn the Lean Six Sigma approach on project management (define-measure-analyse-improve-control) on key initiatives</li></ul>Summary of Content (topics)1. Project Selection and Prioritization2. DMAIC Problem Solving* Define: Identifying cost reduction/revenue growth opportunityProject Charter,High Level Mapping using SIPOC,Understanding Voice of the Customer* Measure: Understanding the baselineValue stream mapping and the 8 process waste focusing on cost reduction/revenue growthUse of graphical analysis – Pareto Chart, Histogram using MS Excel* Analyze: Investigating the Root-Cause of high cost and poor revenue growthFishbone diagram and 5Why AnalysisInterrelationship diagram Analysis* Improve: Generate solutions and countermeasuresIdeation technique using SCAMPER toolUse of 5S to improve the 8 wastesUse of Impact vs Effort Matrix to prioritize solutions* Control: Sustaining the improvementUse of individual control chart to keep track of performanceProcess management chart as a process owner guide in controlling the processAbout the Trainer:Edgar “Ed” Flores practices continuous improvement with solid background in production management, lean six sigma consulting and training, operational excellence and project management roles with top multinational companies on global and regional scope. His key experiences include production workforce management of more than 500 people, continuous improvement deployment to more than 10 countries in Asia-Pacific, managed global continuous improvement teams composed of master black belt and black belts, conducted lean six sigma trainings (i.e. yellow, green, and black belt), led strategic black belt projects, and coached executives and project leads on operational excellence environment. He used to work with companies like Converse Manufacturing, Mitsumi, Essilor and Shell Business Operations to name a few.His recent clients include Allergan, Continental Automotive Manufacturing, Nidec, Accenture and public training organized and sponsored by several companies and institutions.Investment Fees:PHP 20,000 plus VAT or SG$ 545 per person for 4 hours x 4 sessions Plus 1 Extra 4 hours Session for FREEContact us at enquiries@ctsolutionsglobal for more inquiries and/or to request invoice on your local currencyDisclaimer, Terms &amp; Conditions:Location is subject to change for face to face trainingMinimum number of participants has to be reached prior to confirmation of eventPlease note that trainers and topics were confirmed at time of publishing, however, CTS may necessitate substitution, alterations or cancellations. CTS reserves the right to change or cancel any part of its published programmed due to unforeseen circumstances.Registrations should be made 4 weeks prior to training date for face to face and 1 week before training date for onlineFull payment for the course should be made prior to training date unless you have pre-arranged terms with us.Cancellation 3 weeks prior to event date or no shows are liable to pay the full course with no refund, however you may substitute delegates at any time with noticeParticipants are required to attend at least 80% of the course program prior receipt of CertificateRates are exclusive of taxes unless otherwise indicated in the invoiceReceipt of this email to participate and/or register in any of the learning activities organized by CTS should not in any way be taken as a promise for employment or contract of employment of any kind.Force Majeure: Should for any reason outside the control of CTS, the trainer changes his dates or event cancels due to the act of terrorism, extreme weather conditions, industrial action or epidemic, CTS shall reserve the rights to replace the trainer or reschedule the event but the client hereby indemnifies and holds CTS harmless from and against any and all costs, damages and expenses, which are incurred by the client.

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Reducing Cost and Increasing Profitability through Lean Six Sigma

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