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While the Pace of Growth Can Vary Greatly Across Products,the

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While the pace of growth can vary greatly across products,the pattern of growth is usually the same for almost all products and services.


Definitions:

Six Sigma

A set of techniques and tools for process improvement aiming at reducing defects and improving quality in manufacturing and business processes.

Define Measure Analyze Improve Control

A data-driven quality strategy for improving processes, part of Six Sigma methodology, focusing on defining the problem, measuring key aspects, analyzing data, improving by implementing solutions, and controlling future process performance.

DMAIC

Stands for Define, Measure, Analyze, Improve, and Control; a systematic, data-driven methodology used in Six Sigma projects to improve processes.

Lean

A systematic approach to identifying and eliminating waste through continuous improvement, promoting efficiency and effectiveness in processes.

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