Execution of Lean Techniques for Cost improvement in a Quality Area of a Small Regulated Company established in Puerto Rico

Abstract

A small regulated company established in Puerto Rico developed a cost improvement project on a Quality Area to stay competitive. The main objective was to reduce the number of samples sampled for X and Y areas. Also, according to the evaluation those samples quantities already stored were reduced and the sample orientation at storage was changed. The implementations were performed with data integrity, high quality, within Regulatory and Quality Management approvement. Plan Phase was used to investigate the situation where the Visual Management5’S was applied. During the data analysis was implemented a solution plan on the Do Phase. Meanwhile on Check Phase it was evaluated that implementation accomplished the project milestones. Though on Act Phase a cost saving of $85,784.82 was met and around 50% of samples sampled were reduced. It was confirmed with a Hypothesis Test for the Mean with alpha 5% and it was found that the reduction was completed. Key Terms⎯ Cost saving, Deming Cycle, Quality, Visual Management 5’S Methodology.