Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures CGIFF


Primary Symbol: T.CHE.DB.E Alternate Symbol(s):  T.CHE.UN | T.CHE.DB.G | T.CHE.DB.H

Chemtrade Logistics Income Fund is a Canada-based company that operates a diversified business providing industrial chemicals and services to customers in North America and around the world. The Company's segments include Sulphur and Water Chemicals (SWC), and Electrochemicals (EC). SWC segment markets, removes and/or produces merchant, Regen and sulphuric acid, sodium hydrosulphite, elemental... see more

TSX:CHE.DB.E - Post Discussion

Post by Kherson on Mar 26, 2024 1:09am

Six Sigma Update

Back on May 29, 2021 I wrote the following post concerning Chemtrade's business update:

Post by Khersonon May 29, 2021 8:36pm
326 Views 
Post# 33293388

Productivity and Reliability, May Business Update

Finally had a chance to read over the latest Business Update. When I got to page 23 of the update, I almost fell out of my chair when they make mention to implementing Six Sigma to save $10 million, year over year. Sorry folks, but Chemtrade's take on using Black and Green Belts to lead projects is only a half measure that will lead to failure. Six Sigma initiatives work best when the whole organization is involved. 
Kherson

I firmly believed that I had been proven correct in the above observation as no updates concerning results were ever again mentioned. But what is now eye opening from those stated initiatives from 2021 is that Chemtrade is now looking to fill the position of Senior Operational Excellence Lead.  The following is one of the required competencies of the position

Operational Excellence Training and Coaching

• Develop and deliver training modules for Green Belt Certification and support Green Belt Candidates through to certification level

• Develop and deliver training modules for Leadership Team, Plant Management, Maintenance and Operations Management, Process Engineers, etc. such as Intro to Lean, A3 Problem Solving, Kaizen, 6S WorkPlace Organization, Root Cause Analysis, etc. 

• Provide guidance and mentorship to Green Belts and Green Belt Candidates to successfully complete improvement projects

• Coach departments at all levels (from operator level to senior leadership level) on proper use of the tools.

I clearly pointed out almost 3 years ago that the whole organization needs to be fully involved in Six Sigma in order for it to work properly. The above partial job description has yet again proven me to be correct concerning my take on Chemtrade.

Kherson

Comment by Red_Deer on Mar 26, 2024 6:02am
The rest of the Thread   (4) ••• Comment by my2pennieson Jun 01, 2021 9:54am 119 Views  Post# 33302385 RE:RE:RE:RE:RE:RE:Productivity and Reliability, May Business Update Haha, Greg and Kherson go out to play.......Greg go easier on Kherson next. This thread is just becoming too embarrassing for ...more  
Comment by bttmfischer on Mar 26, 2024 10:28am
Red Deer & Kherson   If there is ONE ENTITY THAT DESPERATELY NEEDS SIX SIGMA METHODOLOGY, IT IS THE COLLECTION OF ECONOMICALLY IGNORANT FUNCIONARIES IN OTTAWA.. THEY ONLY KNOW HOW TO LOSE MONEY. OUR TAX DOLLARS.
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities