Shingo Prize Award

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SHINGO PRIZE AWARD
Purpose and Background
The Shingo Prize (SP) was established in 1988 by a Japanese industrial engineer by the name of Shigeo Shingo, which "distinguished himself as one of the world’s leading experts in improving manufacturing processes."(Shingoprize.org, 2010) The (SP) works by promoting an awareness of incline in manufacturing concepts, and to recognize companies that achieve world class status. The (SP) has been referred to by Business Week the “Nobel Prize of Manufacturing.”( Reliableplant.com, 2010) The (SP) recognizes and promotes research, and writing regarding new knowledge, and understanding of manufacturing consistent with the philosophy and criteria of the (SP) for excellence in manufacturing. Shingo has affected numerous of manufacturing practices throughout the world which include: Toyota's production system, Guanajuato Manufacturing Complex North Plan, Gulfstream Aerospace, Goodyear Tire and Rubber Company, Ultraframe UK Ltd.

"The mission of the Shingo Prize is to create excellence in organizations through the application of universal, self-evident principles of operational excellence and the alignment of management systems and improvement techniques throughout an entire organization."(Shingoprize.org, 2010) "The vision is to be globally recognized as the premier Center for principle-based leadership in Operational Excellence and for providing the highest standard of excellence to which any organization may benchmark themselves and plan for improvement."(Shingoprize.org, 2010) Unlike other awards where there is only one winner, the (SP) has different levels of being able to compete for an award such as: Shingo Prize, Shingo Silver or the Bronze Medallion; each one has about 12 winners per level. However do not underestimate that just because there is 36 possible ways of winning that it will be that easy; there are hundreds of companies that compete for the (SP). Award Criteria

The (SP) is like every other awards; companies...
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