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DOCUMENT DESCRIPTION

Value Stream Mapping (VSM) is Lean Management method for analyzing the current state and designing a future state for the series of events that take a product or service from its beginning through to the customer. Although VSM is often associated with manufacturing, it is also used in logistics, supply chain, service related industries, healthcare, software development, product development, and administrative and office processes.

Our Value Stream Map is a visual representation of the flow of materials from supplier to customer through your organization as well as the flow of information. This enables us to see at a glance where the delays are in your process, any restraints, and excessive inventory.

The goal of VSM is to identify, to demonstrate, and to decrease waste in the process. Waste is defined as any activity that does not add value to the final product. The word is often used to demonstrate and decrease the amount of "waste" in a manufacturing system.

VSM can thus serve as a starting point to help management, engineers, production associates, schedulers, suppliers, and customers to recognize waste and identify its causes.

Furthermore, although VSM is primarily a communication tool, it can also be used as a Strategic Planning and Change Management tool.

This presentation provides an introduction to VSM. It also includes a compilation of VSM diagrams (along with explanations) for you to use in your own Value Stream Maps.

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Source: Value Stream Mapping (VSM) Primer PowerPoint document

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This business document is categorized under:
Business Framework Primers

File Type: PowerPoint (ppt)

Tag(s): Value Stream Mapping, Lean Thinking

Number of Slides: 19

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Upload date (first version): Nov 14, 2016

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