Stepan Six Sigma Operating Cost Improvements Drive Profitability for Surfactants
July 28, 2009 @ The Sixth Sigma: Achieve Breakthrough Performance Using Six Sigma from Frank M
Stepan sees revenue decline, but manages cash and profitability well through actions such as Six Sigma operational efficiency. ...... "Surfactant segment gross profit rose by $12.8 million, or 38 percent, for the quarter and $19.7 million, or 30 percent, for the six months. The improved gross profit was due to declining commodity costs, purchasing led cost reduction initiatives, and lower
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