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SQM - The Strategic Quality Management Newsletter Provided by Sage Consultants Limited - Tel/Fax 64 9 422 2383 61 Mahurangi East Rd, Sandspit, RD 2 Warkworth, NEW ZEALAND |
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Current Issue: SQM Spring 2005 (pdf) The Net Present Value and the Internal Rate of Return are financial measures commonly used to evaluate the likely benefit of a proposed investment or project. For a discussion and some ideas on how to make these ideas even more useful, (and warnings about a couple of possible pitfalls) see the Sage Note on NPV (May 2005). The Lean concepts of customer value, value stream, continuous flow, pull, and relentless waste reduction are fundamental to all enterprise improvement activity, and link naturally with the Six Sigma strategy. This customer- and systems-focused deployment strategy for Lean is built around obtaining measurable performance, customer satisfaction, and financial results. For a Glossary of Lean terms, see the Sage Note on Lean. There are a couple of Sage notes on Six Sigma: here, and here. The Fill Handle is a great labour-saver in Excel. For an overview, including some valuable short-cuts, look here. Most recent: Latest SQM (Spring 2005 - released 05 Dec 2005) here SageNote on NPV and IRR (2 May 2005) here
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