Lean, Six Sigma and its influence on potential and realized absorptive capacity

Lean and Six Sigma are two prominent continuous improvement methodologies that has been prevalent lately given its high success rate within the industry or business world. It is necessary for organizations to learn what about these philosophies enable such accomplishment. Lean and Six Sigma are two different schools of thought, fused for greater proficiency in handling or improving organizational processes.

Lean Six Sigma Tools

Lean Six Sigma Tools Lean Six Sigma is the combination of both Lean and Six Sigma methodology which emphasises on two essential components of business processes. It is a process to streamline, improve and optimize every aspect of an organization by eliminating waste and reducing variations.   The 5S Systems The 5S System is a…

6 Skills Employers Look for When Hiring Individuals

Six Sigma Skills and Employability Globalization opens the doors of opportunity for a nation to increase its development in political, social and economic sectors. It stimulates the growth of economy by providing more job opportunities, thus increasing the employment rate. Despite the increasing number of job vacancies, globalization also brings about competition among individuals who…

LSS and Industry 4.0

Lean Six Sigma methodology & Industry 4.0 Industry 4.0 stands for the fourth industrial revolution which is defined as a new revolution in the aspect of organizational practices that are geared towards increasing customers’ satisfaction and fulfilling their requirements through the use of data and cyber-physical system The Transition from Industry 3.0 to Industry 4.0…

Upskilling and upscaling with Lean Six Sigma

Lean Six Sigma (LSS) – How something purely built around measurements can make and break the job market?     Department of Statistics Malaysia confirms an unemployment rate of 3.4% in the month of June 2018. According to Malaysian Industrial Development Finance (MIDF) our current statistics are not alarming but this is definitely not something…