ACHIEVING COMPETITIVE ADVANTAGE THROUGH THE LEAN SIX SIGMA MODEL

In light of the intricate and evolving market landscape induced by globalisation and the health crisis, companies must swiftly respond to the actions of their competitors. Organisations seeking success must attentively monitor their operational environment, acquire information, and respond swiftly to enhance performance. For businesses seeking to distinguish themselves and deliver superior products, a reliable competitive advantage is necessary. Lean Six Sigma is a tool that aids in minimising errors, eliminating non-value-added tasks, and reducing process variations, while enhancing quality and efficiency.The implementation of Six Sigma yields advantages in time dependent, customer-centric, quality-focused, process enhancement, human resource management, sales, financial oversight, and decision-making processes. There are a number of practical ramifications that have been observed to be associated with the implementation of Six Sigma. These ramifications include the promotion of time efficiency, the improvement of effectiveness, and the enhancement of the reliability of activities. As a result, an organization's performance is enhanced, and the successful delivery of processes, products, and services is made easier. This essay seeks to clarify the concepts of lean and six sigma and examine the advantages and potential barriers of incorporating these methodologies into a business plan. This essay constitutes a literature review that provides a summary of essential terms designed to inform future research. The conclusions were drawn based on the developed framework.