Objective of Any Industry:
Maximize the profit
And Objective of Any Industrial Tool is
Six Sigma:
Reduce the Defects to Maximize the profit
Theory Of Constraints:
Reduce the cost of Input Materials and Improve the price of product to Maximize the profite
Total Productive Maintenance:
Maximize the Utilization of resources(Man,Machine,Method & Material) to Maximize the Profit
Lean Manufacturing:
Reduce the waste (Everything is waste Other then the Finish Product) to Maximize the Profit
So Above philosophy tell us "The motto of any Industrial tool is To Maximize the Profit"
Maximize the profit
And Objective of Any Industrial Tool is
Six Sigma:
Reduce the Defects to Maximize the profit
Theory Of Constraints:
Reduce the cost of Input Materials and Improve the price of product to Maximize the profite
Total Productive Maintenance:
Maximize the Utilization of resources(Man,Machine,Method & Material) to Maximize the Profit
Lean Manufacturing:
Reduce the waste (Everything is waste Other then the Finish Product) to Maximize the Profit
So Above philosophy tell us "The motto of any Industrial tool is To Maximize the Profit"
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