Capability Sixpack: Normal for Decrease Cash-to-cash Cycle Time

Use Capability Sixpack: Normal to demonstrate that a process is capable of meeting expectations for cash-to-cash cycle time.

This example applies to the Supply Chain Module. For more information, go to www.minitab.com/supply-chain-module.

Example

Cash-to-cash cycle time is the length of time between the purchase of raw materials and payment for a finished product.

In this worksheet, Number of Days is the data column.

Choose Solutions Modules > Functions > Supply Chain KPIs, then select Launch.
Under Cycle Time, select Cash-to-cash cycle time.
Select Decrease cash-to-cash cycle time, then click OK.
Select Capability Sixpack: Normal, then click OK.
Under Data are arranged as, select Single column.
In Single column, enter the column that contains the cycle time data.
In Subgroup size, enter 1.
In Upper spec, enter the upper specification limit for cash-to-cash cycle time. This is the highest cycle time that is acceptable to your organization.
Click Transform, select Box-Cox power transformation (W = Y^λ). (This step is not necessary if your cycle times follow a bell-shaped pattern in the histogram.)
Click OK.

For more information about this analysis, click Help in the main dialog box.