Eventually, a problem will surface with every manufacturing process — suboptimal material, equipment failure, even nonconforming parts. In some cases, the fix is a simple correction to solve the immediate problem.
Spreadsheets can hinder data interpretation. Visual tools can enhance data presentation and help managers assess if team members understand common issues, can track performance trends, and have tools for productive discussions.
Over the last 20 years at conferences, I've noticed many improvement posters rely on line and bar charts, which aren't always effective. While some use control charts and histograms, they often miss illustrating the "before and after" of improvements. It's crucial to better showcase these changes with appropriate chart types.
If you're not meeting your NPS goals, try Root Cause Analysis (RCA) to identify and address the reasons behind it. Fixing recurring issues can significantly improve customer satisfaction.
Monte Carlo Simulation uses a mathematical model of the system, and the simulation provides expected values based on an equation defining the relationship between the inputs and outputs.
February 14, 2022
Testing potential improvements can get complicated when working with multiple suppliers in different steps of a process. Using a Monte Carlo Simulation can help illuminate the results you’d like to see.