The most common misconception about businesses is that people think that when they’ve started, it’s easy-going from there. With consumer mentality, they rarely get the chance to think about the size of the needle business people go through in making their business strive and survive. What they focus on are results and they don’t see the struggles of a business from the beginning even up until this day. When it comes to solving problems, there’s no easy way of how business and company owners handle it.
In fact, even the age-old and the established discipline of Lean Six Sigma has its own waste. We here at Maximum Potential are proud and are actually lucky to discuss with you the eight (8) different types and kinds of waste of Lean Six Sigma.
Overview of Lean Six Sigma
For those of you who are not in the know, Lean Six Sigma has been named and deemed as the methodology that provides a whole wide range of benefits and advantages to people. Because of its nature of being data-driven, being statistical and analytic, people and even business experts believed in it.
However, no matter how perfect it may seem, Lean Six Sigma has its waste – and these types of waste are actually what Lean Six Sigma has been made for; its goal is to eliminate it in order to improve the business process to please and to satisfy clients and customers more.
What are the 8 Wastes of Lean Six Sigma?
Let’s not go in circles, the eight (8) different wastes of Lean Six Sigma include:
- Excess Processing or Overprocessing – This type of waste wastes energy and money, and is the common result of work that needs to be tweaked or eradicated because there’s an existing process better than it.
- Waiting Times – This is the waste in which the time spent waiting on the next step of the business process. It could be waiting for employees and workers, machines, raw materials, and other processes.
- Transportation – Transportation waste is defined as the time wasted; or for the journey wasted which can translate to wasted costs and money for the moving of people, materials, and even equipment.
- Motion – This waste is for the time and effort wasted by people in performing unnecessary and inessential actions and processes.
- Defects – Defects, from its term alone, you already know is not going to be helpful for a company. Defects are the waste that failed to meet the requirements or the standards set by a company for processes, services, or products.
- Inventory – Inventory waste is the type of waste that has been a product of overprocessing or overproduction; these are the materials, products, and/or services that cannot be utilized and used by the company or the business.
- Overproduction – Sound familiar to you? Overproduction is the type of waste in which a company or a business produces more than the demand of the customers and the market.
- Non-Utilized Employee Skills and Talents – Probably the most common type of waste is the unused or non-utilized talents or skills. This waste is the result of undermining the skills and the capabilities of workers and professionals.
Recognize Some of Them From Your Company?
Whether you’re a manager, an executive, or if you own a type of business, you’ll easily be able to recognize some of these wastes, and quite possibly, you see them on a day-to-day basis. Whether you’re looking at an option to remove them through Lean Six Sigma Consulting or through a structured Lean Six Sigma Training and Certification, do know that we here at Maximum Potential are ready to help you.
Our company is known to be the best in solving and in eradicating all wastes from a company if it shows. And no matter what type of company or business industry you are in, so long as you’re seeing or you’re feeling this waste, you would find our services to be helpful. We’ve helped and served many companies locally – even international corporations and organizations including:
- The World Bank
- The US Air Force
- Abercrombie & Fitch (A&F)
- Graham Local Schools
- And Many More!
You can request for the entire list of the companies we have worked with – and we’re working with right now so you can be more confident in working with us. Maximum Potential never failed any of its clients – even if some of our clients had unrelenting hurdles and obstacles, we never gave up on them.
Do you find yourself in a situation where you’re looking for the best and the most help you can get in lessening or in eradicating business processes? Never hesitate to call us here at Maximum Potential and ask for our assistance!
We’ll be prepared for everything that you need!