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 Planningand 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.
This VSM Primer is a comprehensive guide, detailing an 8-step process for creating effective Value Stream Maps. It emphasizes the importance of team involvement from all areas within the process being mapped. The PPT also includes a thorough compilation of VSM symbols, ensuring you have the necessary tools to accurately represent your processes. Practical tips are provided to enhance your VSM activities, such as collecting current state information and starting downstream. This resource is designed to equip you with actionable insights for optimizing your value creation process.
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Source: Best Practices in Process Improvement, Lean Thinking, Value Stream Mapping PowerPoint Slides: Value Stream Mapping (VSM) Primer PowerPoint (PPTX) Presentation, PPT Lab
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Value Stream Mapping Core Competencies Process Improvement M&A (Mergers & Acquisitions) Operational Excellence Six Sigma Project Restructuring Target Operating Model Team Management Value Chain Analysis Process Analysis Service Design Audit Management Change Management Organizational Design IT Business Analysis Lean Management
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