AN INTEGRATED FRAMEWORK OF LEAN, SIX SIGMA, AND RISK MANAGEMENT FOR CONTINUOUS IMPROVEMENT IN INDUSTRY

Dynamic global market situation urge companies to be able to adapt their production strategies swiftly in order to keep their competitiveness. Meanwhile, this rapid-changing circumstance leads to a formation of new kinds of risk in industry, thus pushing them to perform risk mitigation strategy. Thi...

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Bibliographic Details
Main Author: YUDISTIRA (NIM: 23415059), ARYA
Format: Theses
Language:Indonesia
Online Access:https://digilib.itb.ac.id/gdl/view/21273
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Institution: Institut Teknologi Bandung
Language: Indonesia
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Summary:Dynamic global market situation urge companies to be able to adapt their production strategies swiftly in order to keep their competitiveness. Meanwhile, this rapid-changing circumstance leads to a formation of new kinds of risk in industry, thus pushing them to perform risk mitigation strategy. This study proposes a framework that integrates lean, six sigma, and risk management as continuous improvement strategy. The objective of this study is to help industries improve their process performance while reducing potential risk factors. The framework was implemented in a paper recycling plant, resulting in the reduction of value added time (3.11%) and non-value added time (12.42%), therefore increasing its production capacity up to 41.23%. Furthermore, the potential risk factor of the process can be reduced to below acceptance level.