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Operations Consulting
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Six Sigma is a proven tool to help you improve your business processes. We can help you implement Six Sigma principles to measure and monitor these processes to find inefficiencies, and then improve these processes, increasing customer satisfaction. We can assist you in organizing your Internal Controls, satisfying the federal Internal Controls requirements of Sarbanes-Oxley. We can also help with an assortment of other operational issues including Project Management and Cash Flow Management, etc.
In addition, the procedure for setting up Internal Controls is so similar to the procedures for Six Sigma and Enterprise Risk Management, that it could be a tremendous cost savings to implement all three of these procedures concurrently.
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Six Sigma Quality Control
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● First introduced at Motorola, where they studied their business processes using statistics.
● They focused on process variations, which seems to be what stands out the most to customers.
● Applying these principles improved their processes significantly.
● General Electric adopted Six Sigma and began to reduce the variations in their processes, also.
● Before two years had passed, GE generated over $320 million in cost savings.
● After three years, the figure was $750 million and was projected to be over a billion after four years.
Source:Six Sigma for Everyone by George Eckes
Six Sigma is a tool that can improve business processes. Problems are uncovered, solutions are found, and variations are reduced, all improving customer satisfaction in a noticeable way.
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Sarbanes-Oxley Internal Controls
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Sarbanes Oxley Section 404 requires public companies to document their Internal Controls for their significant processes, as well as provide a periodic assessment of the effectiveness of those controls. This is good advice for non-public companies, as well. IBERM SOLUTIONS can assist you with implementing your Internal Controls at your organization.
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Other Operational Issues
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IBERM SOLUTIONS can provide your organization with other ideas regarding miscellaneous topics:
● Project planning, implementation, and management
● Internal audit guidance
● Operations efficiency, including cash flow management
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