New Approach of Gaussion Distribution for Achieving Business Excellence

Abstract

In the present study, we have considered certain new situation in the entire value chain of business where the concept of Six-sigma can be implemented. After the study of feasibility of these situations, we have established and developed certain new approach of six sigma appropriate for the study of these new business dimensions and established the profitability enhancement after implementation. The problem and solution were considered and reviewed in different conditions and situations in various phases especially in the Indian environment of Industry where most of the Industries are running at one sigma level and incurring more than 40% of total sales value as cost of poor quality. Data of real situation was analyzed for the improvement bottom line (Profitability of any business house).