Lean Wiki
The Critical to Quality Tool: What It Is & How to Use It
The CTQ tool is used during the Define phase of a Six Sigma project. It is relatively simple to use
The CTQ tool is used during the Define phase of a Six Sigma project. It is relatively simple to use
In today’s business world, the cost of poor quality is more important than ever. With businesses operating in an increasingly
Correlation and Regression Analysis: Correlation and regression analysis are essential tools in statistical analysis. Put simply, correlation measures the relationship
A control plan in LSS, or Lean Six Sigma, is a document that outlines the steps to
Confidence intervals are a powerful tool for making well-informed business decisions. A confidence interval is an interval in
The chi-square test is a statistical method used to compare differences between two or more variables. This test can be
The Central Limit Theorem (CLT) is a statistical theory that states that given a sufficiently large sample size from a
Capability analysis is a statistical methodology used to determine process capability. It involves collecting data on process characteristics and calculating
An Introduction to the Box Plot In this post, we provide a comprehensive overview of the box plot. The
The Box Cox Transformation is a popular method of transforming non-normal dependent variables into a normal shape. This technique helps
In the quest for operational excellence, organisations invest heavily in digital dashboards and analytics. Yet the simplest, most powerful method
A recent Medium feature, “On Navigating Change: How ChangeOps, Strategy, and Maturity Drive Success”, argues that most transformation efforts falter
BNY’s CEO Robin Vince has turbocharged the bank’s transformation since 2022 by tearing down silos, unifying the corporate culture, and
Organisations today face unrelenting pressure to do more with less. Yet chasing cost cuts without a coherent framework can undermine
In a world increasingly shaped by artificial intelligence, operations leaders face a pivotal question: how do we deploy Gen AI
In an era where “faster, cheaper, better” is more than a catchphrase, generative AI (gen AI) stands out as a
As the pace of change accelerates, organisational success increasingly depends on the ability
Operation management consulting helps businesses streamline their operations and enhance efficiency. This article covers what it includes, its main focus
In the realm of Lean manufacturing and continuous improvement methodologies, understanding the three primary types of wastes is crucial for
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