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The Value of Combining Best Practices

Summary: Many companies engaged in lean Six Sigma activities find they run out of business improvement projects after a year or so of reaping the low-hanging fruit. What they are overlooking is the need to align business goals with the process of identifying and choosing projects that have the greatest profit and loss impact. The lean Six Sigma project portfolio can be strengthened by adding another best practice, the Supply Chain Operations Reference (SCOR) methodology. The four-step methodology benchmarks operational measures to prioritize projects directly connected to the company's profit and loss balance sheet. SCOR allows companies to measure their supply chain process and detect and correct deficiencies.

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