Olympus Prime-Defaulted Student Loan Solutions Provider Implements Six Sigma

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The number of people with defaulted student loans has risen to critical levels. To meet this challenge takes a company with a proven track record in providing solutions.

Olympus Prime, the leading supplier of defaulted student loans solutions is known for their abilty to produce outstanding results for its customers, but now they are gearing their solutions techniques to a “best in class” type of mentality. With Six Sigma in mind, Olympus Prime is planning on improving their student loan solution processes to near perfection.

Six Sigma is a methodology which quantitatively puts each and every process under the microscope to describe statistically how an entire process is performing. By using a Six Sigma calculator, Olympus Prime will be able to study each area to find potential mistakes. To achieve Six Sigma, a process must not produce more than 3.4 defects per million opportunities. A Six Sigma defect is defined as anything outside of customer specifications.The fundamental objective of the Six Sigma methodology is the implementation of a measurement-based strategy that focuses on process improvement and variation reduction through the application of Six Sigma improvement projects. At an average of under 100 opportunities for mistakes for each part, Olympus Prime hopes to achieve near perfection in speed and quality of all customer focused solutions for those with defaulted student loans

Undergoing Six Sigma qualification is not a simple task, as every opportunity for a defect must be strenuously accounted for and plotted on a pareto diagram to find efficiency and quality enhancing routines to be implemented into every day processes. Each employee will have to understand what it means to achieve Six Sigma, as quality and efficiency has always been Olympus Prime's niche. Adopting a daunting process like Six Sigma will help solidify Olympus Prime's commitment to best-in class deliveries of solutions to the customers they serve, and prove to their customers that they will do what it takes to remain at the top of the niche industry

About Olympus Prime LLC
Established in 2002 Olympus Prime is a student loan solutions company and leader in delivering solutions for the defaulted student loan borrower. Serving customers in all 50 states and U.S. territories, Olympus Prime consulting and defaulted student loan services helps organizations in the education sector,state and federal government, and individual student loan borrowers. (http://www.olympusprime.com)

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Mary Adams
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