Author, as appears in the article.: Sánchez-Rebull MV; Ferrer-Rullan R; Hernández-Lara AB; Niñerola A
Department: Gestió d'Empreses
URV's Author/s: Hernandez Lara, Ana Beatriz / Niñerola Monserrat, Angels / Sánchez Rebull, María Victoria
Keywords: Volatility Six-sigma Six sigma Quality Process improvement Methodology Investment Improvement Implementation Construction Cash flow deficit Capital structure Can industry Accounts payable 6-sigma
Abstract: © 2020, Maria-Victòria Sánchez-Rebull, Ramon Ferrer-Rullan, Ana-Beatriz Hernández-Lara and Angels Niñerola. Purpose: Cash flow deficit situations and working capital control are major challenges for many companies, especially those whose suppliers and clients have strong bargaining power. This study aims to describe the application of the Six Sigma methodology for solving these problems in a large German food can manufacturing company. Design/methodology/approach: This paper follows the qualitative methodology of case study research. During different define, measure, analyse, improve and control process phases, the problem and critical aspects are identified to improve the quality of the payment process and improvements are suggested and implemented. Findings: The results provide evidence of how Six Sigma can be useful in administrative–financial processes that are carried out within a company. This result is particularly interesting because it is about processes that have not applied Six Sigma methodology. For the company studied, this methodology has balanced its cash flow and this meant large amounts of savings, especially in bank interest to avoid having to ask for bank credits. Originality/value: This case can be extrapolated to other companies, regardless of the company size, that present similar symptoms of cash deficit, especially if their bargaining power with suppliers and customers is low.
Thematic Areas: Strategy and management Planejamento urbano e regional / demografia Management science and operations research Management Industrial and manufacturing engineering Engineering, industrial Engenharias iii Engenharias i Ciencias sociales Administração, ciências contábeis e turismo Administração pública e de empresas, ciências contábeis e turismo
licence for use: https://creativecommons.org/licenses/by/3.0/es/
ISSN: 20404166
Author's mail: angels.ninerola@urv.cat anabeatriz.hernandez@urv.cat mariavictoria.sanchez@urv.cat
Author identifier: 0000-0001-5598-1203 0000-0002-8110-9328 0000-0003-0326-5699 0000-0002-9920-4104
Record's date: 2023-02-19
Papper version: info:eu-repo/semantics/publishedVersion
Link to the original source: https://www.emerald.com/insight/content/doi/10.1108/IJLSS-12-2018-0137/full/html
Licence document URL: http://repositori.urv.cat/ca/proteccio-de-dades/
Papper original source: International Journal Of Lean Six Sigma. 11 (6): 1119-1140
APA: Sánchez-Rebull MV; Ferrer-Rullan R; Hernández-Lara AB; Niñerola A (2020). Six Sigma for improving cash flow deficit: a case study in the food can manufacturing industry. International Journal Of Lean Six Sigma, 11(6), 1119-1140. DOI: 10.1108/IJLSS-12-2018-0137
Article's DOI: 10.1108/IJLSS-12-2018-0137
Entity: Universitat Rovira i Virgili
Journal publication year: 2020
Publication Type: Journal Publications
Repositori URV