TQMI Consultancy Six Sigma Success Stories
Some Success Stories of Six Sigma
Industry Sector - ROI - Annualized Savings
Data Storage and Photo-Voltaic
50:1
Rs. 25 crores in 2006-07 and Rs. 40 crores in 2007-08 and Rs. 50 crores each for 2008-09 and 2009-10 (Total USD 37 million)
Life Insurance
10:1
Rs. 100 cores (USD 20 million) in 2008-2010
Tractors and Farm Equipment
4:1
Rs. 4 cores in one year in 2009-10 (USD 90K)
Pharma
15:01
Rs. 20 crores in 2008-10 (USD 4.5 million)
Chemicals/ Petro-Chemicals
9:1
Rs. 2.5 Crores in each in three waves (total USD 1.6 million)
Petroleum refinery
40:1
> Rs. 40 Crores in 2005-06 (>USD 20 million)
Leather and Leather Products
10:1
Rs. 2.5 Crores in 2003-04 (USD 500K)
Telecom Carrier
8:1
Rs. 5-6 Crores in each of four waves completed in 2004-07 (Total USD 5 million)
Telecom
8:1
Rs. 27 Crores in 2010 (USD 6 million)
Home Appliances
14:1
Rs. 12 Crores and Rs. 22.5 Crores in 2002 & 2003 respectively (Total USD 8 million)
Banking
10:1
Rs. 3.5 Crores in 2003 (USD 775K)
Total savings to Indian Industry: ~ Rs. 1500 Crores
TQMI Sigma Implementation - Full Case Study Presentation of an Engineering Company that won the Deming Prize from JUSE for effective implementation of TQM
Reported annualized savings of USD 3 million. ROI 15:1
Plan for 2007: Savings of USD 5million
WIPRO Case Study
Download from IIT Kharagpur Website
WIPRO is the first to implement six sigma effectively in India
It is now offering consultancy services also in Six Sigma
It achieved benefit of Rs. 120 crore due to six sigma projects in 2005-06 (reported in the case)
More case studies from TQMI
http://www.tqmi.com/case-studies.page.84.html
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