Read the case studies of Honeywell and Dow, then answer the following questions: a. What did you understand from Honeywell case study? Also explain the improvements that Honeywell acknowledged as a result of SixSigma application? b. What benefits DOW is expecting after application of SixSigma? Cases of Honeywell and DOW: Honeywell: “We achieved $600 million in Six Sigma cost savings in 1999, but cost savings are only one part of the story. Delighting customers and accelerating growth completes the picture. When we are more efficient and improve work flow throughout every function in the company, we provide tremendous added value to our customers– through higher quality solutions that are more competitively priced, delivered on time and invoiced correctly. That makes us a more desirable business partner." DOW: We expect Six Sigma to elevate our company to an entirely new level of operational performance, delivering $1.5 billion in EBIT cumulatively by 2003 from the combined impact of revenue growth, cost reductions and asset utilization
Read the case studies of Honeywell and Dow, then answer the following questions:
a. What did you understand from Honeywell case study? Also explain the improvements that Honeywell acknowledged as a result of SixSigma application?
b. What benefits DOW is expecting after application of SixSigma? Cases of Honeywell and DOW:
Honeywell: “We achieved $600 million in Six Sigma cost savings in 1999, but cost savings are only one part of the story. Delighting customers and accelerating growth completes the picture. When we are more efficient and improve work flow throughout every function in the company, we provide tremendous added value to our customers– through higher quality solutions that are more competitively priced, delivered on time and invoiced correctly. That makes us a more desirable business partner."
DOW: We expect Six Sigma to elevate our company to an entirely new level of operational performance, delivering $1.5 billion in EBIT cumulatively by 2003 from the combined impact of revenue growth, cost reductions and asset utilization
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