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What is the Taguchi Principle?
Linda
Has anyone heard of the Taguchi principle and can you please explain what it is in simple terms? What are the benefits in logistics channels?
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Taguchi Principle: Loss Function
Nol Geurts, Interim Manager, Netherlands, Member Tachuchi explained the loss function for the first time to the world. He explained that if the dispersion is reduced, the loss will drop. Of course this idea is fully adopted in the 6S road map.
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Taguchi Loss Function
jeff stewart Is still a sound statistical tool to quantify loss... Or percent fall out. Many companies that practice Lean & Six-Sigma production; and statistical process control (SPC) use the loss function quite effectively. Taguchi, Donald Wheeler and others have some excellent writings on uses of the loss function.
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Taguchi's Concepts
Madan Gopal Agarwal, Business Consultant, India, Member I would prefer to call them ' concepts' as there are no 'principle(s)' defined under his name.
It started with ' fundamental concepts on how to design and manufacture a reliable and quality product at lowest cost'. Its application is universal given its step-by-step structured approach, be it in new system, product or process design or improving the existing one.
The only thing it demands from practitioners is self-discipline. The rest is provided by the concept itself.
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Taguchi Concept
James Gaius Ibe, Business Consultant, United States, Member
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