November 3, 2010

Ingersoll Rand China Contributes to 2010 Lean Six Sigma Summit

Ingersoll Rand is making a long-term commitment to actively promote the implementation of Lean Six Sigma theory within China. As part of this commitment, we initiated the establishment of the Lean Six Sigma Institute (LSSI) in 2009, and have been actively supporting its operation ever since. At LSSI's recent “2010 Lean Six Sigma Summit,” Ingersoll Rand China executives shared our company's experiences in Lean Six Sigma with all participants.

Co-hosted at Fudan University by the university's School of Management and the Shanghai Management Science Institute, the summit's theme was “Back to Origins, Innovation to Green.” The aim was to promote the implementation of Lean Six Sigma in the green and innovation operations of companies, as well as further strengthen the communication between Lean Six Sigma experts at home and abroad. The summit consisted of three sections: guest speakers, a panel discussion and an award ceremony to recognize outstanding Lean Six Sigma examples. The two topics discussed during the panel discussion were “Lean Logistics and Supply Chain” and “Green, Lean and Energy Savings.”

Guest speaker William Yu, vice president, Asia-Pacific, for Climate Solutions, delivered the keynote speech “Methodology of the Innovation Process.” He told the attendees: “Innovation is an important source of power for the sustainable development of companies. Through innovation, companies can develop new products, improve services and create more diversified operation models. Ingersoll Rand has developed a series of methodologies to monitor and optimize the overall innovation process from idea generation, through evaluation to implementation. All these help to reduce the failure rate of innovation and other losses it may cause.”

During the panel discussion session portion, Jesse Guan, operation director of Industrial Technologies for Ingersoll Rand China, shared Ingersoll Rand’s best practices in Lean management, production systems, advanced Lean theory and methodology, the Lean transformation roadmap and the Ingersoll Rand Business Operating System Operational Excellence assessment. “Through the implementation of Lean Six Sigma, the company has achieved significant improvements in the areas of inventory turns, productivity, cash flow, customer satisfaction and product quality,” said Guan. “Most important, Lean Six Sigma has been greatly integrated into Ingersoll Rand’s corporate culture as well as daily operations.”

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