The Picture from Cost-Benefit Analysis

Thomas, Vinod; Chindarkar, Namrata

doi:10.1007/978-981-13-6389-4_3

Cited by 4 publications

(1 citation statement)

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“…Furthermore, applying LSS techniques to BI modernisation may not be universally appropriate. Organisations should, therefore, meticulously weigh the costs and benefits before adopting this approach (Thomas and Chindarkar, 2019).…”

Section: Lean Six Sigmamentioning

confidence: 99%

Improving value chain data lifecycle management utilising design for Lean Six Sigma methods

Trubetskaya,

McDermott,

Durand

et al. 2024

TQM

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PurposeThis project aims to optimise a secondary agricultural company’s reporting and data lifecycle by providing self-help business intelligence at an optimal price point for all business users.Design/methodology/approachA design for Lean Six Sigma approach utilising the define, measure analyse, design and verify methodology was utilised to design a new reporting and data product lifecycle.FindingsThe study found that this approach allowed a very structured delivery of a complex program. The various tools used assisted greatly in delivering results while balancing the needs of the team.Practical implicationsThis study demonstrates how improving data analysis and enhanced intelligence reporting in agribusinesses enable better decision making and thus improves efficiencies so that the agribusiness can leverage the learnings.Social implicationsImproving data analysis increases efficiency and reduces agrifood food wastage thus improving sustainability and environmental impacts.Originality/valueThis paper proposes creating a standardised approach to deploying Six Sigma methodology to correct both the data provisioning lifecycle and the subsequent business intelligence reporting lifecycle. It is the first study to look at process optimisation across the agricultural industry’s entire data and business intelligence lifecycle.

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Section: Lean Six Sigmamentioning

confidence: 99%