Efficiency
Measurements related to the quantity
of materials and other resources that is used in the production output of
a process, procedure, or service. (i.e.
process costs, total cycle time, suppliers
used, cost of defects, scrap, and/or other
wasted time, other non-value
adding activities or value adding
activities, and/or materials). Is primarily linked to a company’s
profitability.
Six Sigma attempts to use various theories
and methods to make a process more efficient.
Also see DFSS
- Design for Six Sigma, DMAIC
- Define, Measure, Analyze, Improve, Control, Waste-Free
Industrialized System, Design
Margin - Statistical Tolerance Part 1, and Design
Margin - Statistical Tolerance Part 2.
