SIPOC

People working in the field of Process improvement must be known to the term “SIPOC”. But, for those who are unaware of it, you guys are at the right place. How to Pronounce SIPOC Pronunciation: sigh pock (SIPOC) SIPOC stands for Principle: SIPOC is the Six Sigma tool used to visually represent a “High Level

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Productivity and Efficiency

Really is there any difference between productivity and efficiency ?, What is productivity?, What is efficiency?, Formula connecting productivity and efficiency, Relationship between productivity and efficiency, Example demonstrating the relation between productivity and efficiency, etc. We will discuss all here in detail. Before we move in to our subject, we need to know more about

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Efficiency

Efficiency represents how much of the input given to a process/machine is converted to useful output. Importance of Efficiency By calculating efficiency, we can know how much amount of input given to a process is converted to a useful output and how much input is wasted without converting into useful output. This knowledge will helps

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Productivity

Productivity is one of the most popular word used in the manufacturing or business or competitive world. People who are cost conscious often use this word. Confused?… I will clear the confusion. What is productivity? Productivity can be defined in following way… Productivity is a measure of how much output is produced per unit input.

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