six sigma synop

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MBA Project Synopsis / Proposal

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Project Proposal

On

“ Six Sigma in Indian industries”

Prepared by Mr. Atanu Maity

Roll No : 000-0000000

XXXX XXXX University

For Project Report of this project email [email protected]

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mailto:[email protected]

mailto:[email protected]


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Table of Content

INTRODUCTION:......................................................................................................3

OBJECTIVES:.............................................................................................................5

HYPOTHESIS:............................................................................................................5

METHODOLOGY:.....................................................................................................6

PRIMARY DATA:......................................................................................................6

SECONDARY DATA:................................................................................................6

BIBLIOGRAPHY: ......................................................................................................6






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Six Sigma in Indian industries

INTRODUCTION:

Six Sigma is a statistical concept that measures a process in terms of defects.

Achieving "Six Sigma" means your processes are delivering only 3.4 defects per

million opportunities (DPMO) - in other words, they are working nearly perfectly.

Sigma (the Greek letter σ) is a term in statistics that measures standard

deviation. In its business use, it indicates defects in the outputs of a process, and

helps us to understand how far the process deviates from perfection.

A sigma represents 691462.5 defects per million opportunities, which translates

to only 30.854% of non-defective outputs. That is obviously a poor performing

process. If you have a process functioning at a three sigma level that means

you're allowing 66807.2 errors per million opportunities, or delivering 93.319%

non-defective outputs. That's much better, but we are still wasting money and

disappointing our customers.

The central idea of Six Sigma management is that if you can measure the

defects in a process, you can systematically figure out ways to eliminate them to

approach a quality level of zero defects.

In short, Six Sigma is several things:

A statistical basis of measurement: 3.4 defects per million opportunities

A philosophy and a goal: as perfect as practically possible

A methodology

A symbol of quality

The goal of the Six Sigma is to enable you to understand what Six Sigma is

( both a simple and a complex question ), why it’s probably the best answer to





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improve business performance in years, and how to put it to work in the unique

environment of organization. In our mission to demystify Six Sigma for the

executive and professional, we hope to show you that it’s just as much about a

passion for serving customer and a drive for great new ideas as it is about

statistics and number crunching, that the value of Six Sigma applies just as much

to marketing, service, human resources, finance and sales as it does to

manufacturing and engineering.

Six Sigma is a comprehensive and flexible system for achieving, sustaining and

maximizing business success. It is uniquely driven by close understanding of

customer needs, disciplined use of facts, data, and statistical analysis and

diligent attention to managing, improving and reinventing business processes.

This is the definition that will provide the foundation for our efforts to unlock the

potential of Six Sigma for your organization. The types of “business success” you

may achieve are broad because the proven benefits of Six Sigma “system” are

diverse, including

Cost reduction

Productivity Improvement

Market share growth

Customer retention

Cycle-time reduction

Defect reduction

Culture change

Product/service development

and many more.






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OBJECTIVES:

1. To study the advantages of SIX Sigma.

2. To study the advantages and disadvantages of Six Sigma.

3. To perform a to-do check and process implementation in Indian Industries.

HYPOTHESIS:

1. Customer wants to implement Six Sigma in their existing process.






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METHODOLOGY:

Study is going to be conducted in the ABC company in Mumbai.

PRIMARY DATA:

A questionnaire survey will be conducted for the purpose of the study. The study

is based on primary as well as secondary data. Primary data will be collected

from questionnaires at ABC company in Mumbai.

SECONDARY DATA:

Secondary data is the data, which is already in existence. It will be collected

mainly through internet and some help will also be taken from books and articles.

BIBLIOGRAPHY:

1. Class A ERP Implementation: Integrating Lean and Six Sigma

- by Donald H. Sheldon

5. www.wikipedia.org

6. www.sap.com

7. www.oracle.com

8. www.nasscom.com






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9. www.google.com





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