Benchmarking Six Sigma Implementation

Question: Discuss about the Benchmarking Six Sigma Implementation. Answer: Introduction: For the Prime Systems Company, it has been seen that benchmarking is an important factor for the handling of the business process and the performance metrics. It includes the dimensions as well as the quality, time and cost. The process is based on the management to identify the best firms where the similar process exists to work on handling the target performance. (Goetsch et al., 2014). The benchmarking is important for measuring the performance with the specific indicator approach to handle the cost per-unit of measure, with productivity. The strategic management for the organisation is to evaluate the company process with the peer group that has been defined for the purpose. The improvement is set with the aim of increasing the performance to seek the improvement of practices. It ensures the levelling of the rod with the cost per unit of measure with productivity set for the cycle time of measure. (Pyzdek et al., 2014). There is a need to identify the problem with including the r esearch techniques as the focus groups or the in-depth marketing. The identification is for the similar process where the improvement is based on addiction treatment. The identification is for the leaders in the areas who look for the customers, suppliers, financial analysis and the trading associations. The technique for the product benchmarking is set with the minimised cost by applying the best technology which are set for the user expectations at the minimal cost. It applied to the analysis where there have been increased outsourcing to the companies. The process of the benchmarking is for the initiation of the firms which focus on the investigation of the business process with the goal to identify and observe the best practices. The financial benchmarking and the performance is to assess the overall competitiveness and productivity in the company. (Jacobs et al., 2015). Lean Six Sigma The lean six sigma is set based on the collaborative approach to improve the performance by handling the Prime Systems with the costs of the labour and other over processing and over production. It also works on the different parts where there is a need to handle the theory of constraints with the total productive maintenance. (Jacobs et al, 2014). The lean process is faster with the efficient and the economical pattern that delivers the satisfactory quality. The six sigma has been working on the method to reduce the defective products which have been manufactured or services. (Augusto et al., 2014). The increased revenue sets for the customer satisfaction with effective solution. The streamlined process is for enabling the organisation with the selling, manufacturing and then providing the products or the services with the use of lesser resources. The Six Sigma Benefits are related to the decreasing cost with the computers on the assembly line. It works on the removal of the waste f rom the process where the activity is set within the process. (Jesus et al., 2015). Business Process Change Benchmarking works on the corporate strategies with the possible performance to work on the designing of the products at the minimal cost. The data is obtained from the disassembling of the system where the analysis is carried out for the Mercedes, traveller as the major priority. The process is based on initiating the firm that focus on the strategic benchmarking with activity analysis. (McAdam et al., 2014). The financial benchmarking is designed to handle the performance with the results set for the overall competitiveness and the productivity of the system. The benchmarking has been done in the public sector where the tools are for the improvement and the innovation. Here, the performance is also based on allowing the initiator firm to properly handle the business process change. The benchmarking involves the establishment of the performance measures to develop a proper picture for the target market. (Shagluf et al., 2015). It is important to identify the customers with the speci fic needs that will help in improving the different perspectives. The product and the services are offered by the company to improve the business process where there is a need to control the operational costs with the decrease of response times for the orders. The use of the benchmark is for the change management with the ability to handle the transition staff for the operations. It will also provide the election to the address performance with the business intelligence through the benchmark research. (Gijo et al, 2014). The business process works on defining, measuring and analysing the problems which are for implementing the fix with the solving of the problems. Hence, for this, a proper control with the sustainability of improved results is important so that there is a control with the sustainability of improved results. (Andersson et al, 2014). The six sigma works on the increasing revenue with the reduction of the products or the service. The expansion of the sales force is set where the employees are closest to the actual work with the production of the product or the delivery that has been accounted to find or remove problems. (Albiwi et al., 2015). The consumer works on the lean six sigma that helps the business by the delivering products with the decreasing returns. The financial services are for the budgets to continue and improve the collaboration with the organisation. How have organisations worked on improving the process? The organisation has been able to improve the process with the improvement in the internal performance of the data. This mainly comes with the variety of the sources as well as the industry benchmark performance. (Chiarini et al., 2014). The production measures are then compared to the competitor data which is set through the trading publications. The products and the service performance is based on the customers who focus on the groups, surveys and the interviews. The standards are set for providing the justification for change. (Prashar, 2016). Hence, the improvement is through the dynamic force with the election to address the performance deficiencies through the research that can drive the internal changes. The benchmarking focus on the company to company comparisons where the materials are purchased and the suppliers are also paid for the inventories with their management. The process includes the return on the net assets, satisfaction of the customer, revenue per employee, qual ity and the asset utilization with capacity management. (Douglas et al., 2015). The defining of the best practices is with the internal benchmarking that involves the process with the plant. It also works on handling the location with providing the opportunities for developing a breakthrough of the strategies for the particular industry. (Lucato et al., 2015). Apply Benchmarking to current organisation For the Prime Systems, the company is working on the validation and the normalisation of the data. it is through the development with the management of the planning and the implementation of improvement actions. The learning points need to be ascertained with the development and communication of the action plan. (Singman et al., 2015). The realisation is for holding the performance improvement process which has been embedded with organisation. The primary goal of the company is to work on the improvement of the current performance with the high tech users to handle the market. With this, the organisation also works on adjusting the strategy with the clear reality and vision of future. (Outpatients et al, 2014). In the Prime Systems, we have started the company with a goal to target the most profitable sector, which had been changed as per requirement and data obtained from the market research, considering the benchmarking concepts. The status of the company was analysed compared to o ther competitors in the market. This resulted in the change in decisions in the later parts of the company simulation. The motive of the company, which was to maximize the profit, did not change, but the approach to achieve the same has changed over the duration of companys working. The products launched by the Prime Systems has also been modified for the benchmarking and to meet market demand. The benchmarking of the products was done in comparison to other similar products of different companies, and modification in the specification was done. The ads created for the products of Prime Systems were also changed accordingly. The benchmarking concept has been applied in the change in ads as well, which were checked for specifications and their mention in the ads. The cash flow has seen to be improved with the changes made, and company performance has improved over the quarters. The companies stand in the scenario and profile of the company as compared to others in the same filed has seen improvement as well. Due to this improvement, the progress of the company has been calculated, and benefits has been provided to employees and workers as well. This has resulted in better and improved efficiency of the employees and workers. New work places and manufacturing units has been opened to achieve the same. The profit of the company has improved by this change in the business process. The benchmarking has, thus, proved to be a beneficial concept in the simulation of Prime Systems. The long term plans are for the organisational performance where the competitive performance and customer satisfaction is important that will help in improving and achieving a better performance. The implementation is based on the long and the short term plans with better operational standards where there is a need to put in the effort with vital information about the different practices. (Albiwi et al., 2015). The managers need to determine and prioritize the opportunities for the improveme nt to enhance the performance with relative customer expectations. The organisations get the benefits which include the labour costs as well as the improvement of the system through the consolidation and the cooperative business planning. The restructuring is through the target roles, process and the critical success factors. It works on processes with quality programs and operations improvement effort. The management change also handles the operations with ventures to rethink and compete with the existing strategies. (Fadly et al, 2013). The internal benchmarking is for analysing and identifying the activities to hold the direct competitors with the drivers who are able to evaluate the company with the strengthening and the weakening of the competition. The benchmark also focusses on the roles, process and the strategic issues which can be used for the establishment of the functions. For the better network, there have been company research to implement the goals and the objectives. It is imperative to follow and gather the consistent information where the data needs to be interpreted in order to make better comparisons with the other organisations. (Chiarini, 2013). 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