Lean Six Sigma Program Impacts Our Bottom Line

Lean Six Sigma Green Belt projects have had a big impact across the company and in 2023, the Central Region has seen impressive returns.

The Lean Six Sigma Program has supported the creation and implementation of many projects since 2020, using the premise that “work can be better than it was yesterday” and an approach that includes three key components – Observation, Experimentation and Project Management.


Return on Investment

The Central Region, in less than a year, has seen the following benefits from LSSGB projects from October 2022 through October 2023.

 

  • Over $280,000 cost savings
  • An $800,000 annual risk reduction (by retaining a customer and eliminating the need to purchase inappropriate equipment)
  • Identified key planning errors in SEMS
  • Reduced maintenance costs on mechanical beveler
  • Reduced temper mill downtime
  • Decreased setup time by 50%
  • Reduced customer claims related to truck loading errors by 97%
  • Reduced onboarding costs and increased retention rates with improved training procedures
  • Reduced time to run reports by 40%, saving almost 3 work hours each week

 

Wave Four LSSGB Training to Come!

If you or your team are ready to make a commitment to your professional development, learn effective project management skills and help reduce waste or expenses in your processes, you should consider applying for the program.

 

The next Lean Six Sigma Green Belt training is tentatively scheduled for early 2024 and the Operational Excellence team is looking for curious and structured individuals who want to make work better than it was yesterday! It will consume about 25% of your time (in addition to your ‘day job’) for about four months. Participation in the training must be approved by your supervisor and your enrollment is subject to General Manager recommendation/approval.

 

To learn more, please reach out to either Robert Erion or Will Robbins for more information:

 

Robert Erion, EHS and Project Manager

Robert.Erion@olysteel.com

763.847.9858, internal extension 71444

 

Will Robbins, Project Analyst, Sr.

Will.Robbins@olysteel.com

763.542.4882, internal extension 70412


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