Dictionary of Procurement Terms

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Search Results: 1-1 of 1 result for “Six Sigma”

  • Six Sigma

    Six Sigma is a problem-solving methodology that helps enhance business and organizational operations. It can also be defined in a number of other ways: a quality level of 3.4 defects per million opportunities, a rate of improvement of 70 percent or better, a data-driven, problem-solving methodology of Define-Measure-Analyze-Improve-Control, and an initiative taken on by organizations to create bottom-line breakthrough change. (Gygi, Williams, & Covey, 2012)