This framework is developed by a team of former McKinsey and Big 4 consultants. The presentation follows the headline-body-bumper slide format used by global consulting firms.
This product (Value Stream Mapping [VSM] Primer) is a 19-slide PPT PowerPoint presentation slide deck (PPTX), which you can download immediately upon purchase.
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.
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.
Source: Best Practices in Process Improvement, Lean Thinking, Value Stream Mapping PowerPoint Slides: Value Stream Mapping (VSM) Primer PowerPoint (PPTX) Presentation Slide Deck, PPT Lab
This PPT slide outlines a detailed eight-step process for creating a Value Stream Map (VSM), focusing on the initial 4 steps. It emphasizes the importance of selecting a sponsor who is responsible for decision-making and project planning. This individual typically has a clear understanding of the objectives and the processes that need mapping. The text suggests that the sponsor plays a crucial role in guiding the project and ensuring alignment with broader business goals.
Next, the slide highlights team selection, stressing the need for representation from various areas or stakeholders involved in the process. This inclusivity ensures that all perspectives are considered, which is vital for a comprehensive mapping exercise. The mention of specific departments like sales, purchasing, and warehouse indicates a structured approach to gathering insights from different functional areas.
The third step focuses on selecting the specific process to be mapped. It notes that Value Stream Mapping is applicable across various sectors, including manufacturing, logistics, and supply chain management. This versatility suggests that organizations can leverage VSM to enhance efficiency in multiple contexts.
Finally, the fourth step involves data collection and producing a current state map. The slide points out that this requires gathering essential information such as process times and inventory levels. It underscores the necessity of having a thorough understanding of the business to create accurate future state maps. This step is critical as it lays the groundwork for identifying areas of improvement and streamlining operations. Overall, the slide serves as a practical guide for organizations looking to implement VSM effectively.
This PPT slide outlines the final steps in the Value Stream Mapping (VSM) process, emphasizing the importance of collaboration and critical evaluation. Step 5 focuses on critiquing the current state. It encourages teams to challenge existing assumptions and identify areas of waste. This step is crucial for fostering a culture of continuous improvement and innovation within the organization.
Step 6 involves mapping the future state. Here, teams compile a future state map that reflects the insights gained from the critique of the current state. This mapping is not just a theoretical exercise; it serves as a visual representation of the desired process improvements.
In Step 7, the focus shifts to creating an actionable plan. Teams are urged to develop a concrete action plan that outlines how to transition from the current state to the future state. This step is vital for ensuring that the insights gained from the mapping process translate into tangible changes.
Step 8 is about measuring the benefits of the changes implemented. It stresses the need to verify that the expected benefits have been realized. This involves a thorough review of each change made and an analysis of its impact on the overall process.
Overall, the slide emphasizes a structured approach to VSM, highlighting the need for team involvement and ongoing assessment. The process is iterative, requiring continuous feedback and adjustment to ensure that the organization moves towards its strategic goals effectively. The insights provided can guide organizations in optimizing their processes and enhancing operational efficiency.
This PPT slide outlines the Value Stream Mapping (VSM) process, emphasizing its collaborative nature. It highlights that VSM should include representatives from all relevant areas involved in the process being mapped. This approach ensures a comprehensive understanding of the workflow and facilitates effective identification of inefficiencies.
Eight key steps are presented in a sequential format, starting with "Sponsor selection" and concluding with "Benefits Measurement." Each step plays a critical role in the successful creation of a Value Stream Map. The first step involves selecting a sponsor, which is crucial for providing direction and support throughout the mapping process. Following that, the "Team selection" step emphasizes the importance of gathering a diverse group of stakeholders who can contribute insights from various perspectives.
The "Process selection" step allows the team to focus on specific workflows that require analysis. This is followed by "Data Collection and Current State Map," where relevant data is gathered to visualize the existing state of the process. The "Current State Evaluation" step assesses this data to identify areas for improvement.
Next, the "Future State Map" step envisions an optimized process, setting the stage for actionable changes. The "Action Plan" step outlines the specific initiatives needed to bridge the gap between the current and future states. Finally, "Benefits Measurement" ensures that the outcomes of the VSM process are tracked and evaluated, providing insights into the effectiveness of the implemented changes.
The slide concludes with a note suggesting that creating the VSM by hand and involving the entire team is more effective than relying solely on an expert. This reinforces the collaborative ethos of the VSM process, making it clear that collective input is invaluable for achieving the best results.
This framework is developed by a team of former McKinsey and Big 4 consultants. The presentation follows the headline-body-bumper slide format used by global consulting firms.
For $10.00 more, you can download this document plus 2 more FlevyPro documents. That's just $13 each.
ABOUT FLEVYPRO
This document is part of the FlevyPro Library, a curated knowledge base of documents for our FlevyPro subscribers.
FlevyPro is a subscription service for on-demand business frameworks and analysis tools. FlevyPro subscribers receive access to an exclusive library of curated business documents—business framework primers, presentation templates, Lean Six Sigma tools, and more—among other exclusive benefits.
The average daily rate of a McKinsey consultant is $6,625 (not including expenses). The average price of a Flevy document is $65.
Trusted by over 10,000+ Client Organizations
Since 2012, we have provided best practices to over 10,000 businesses and organizations of all sizes, from startups and small businesses to the Fortune 100, in over 130 countries.
Read Customer Testimonials
"I have used Flevy services for a number of years and have never, ever been disappointed. As a matter of fact, David and his team continue, time after time, to impress me with their willingness to assist and in the real sense of the word. I have concluded in fact
that it is not at all just a repository of documents/resources but, in the way that David and his team manage the firm, it is like dealing with consultants always ready to assist, advise and direct you to what you really need, and they always get it right.
I am an international hospitality accomplished senior executive who has worked and lived during the past 35 years in 23 countries in 5 continents and I can humbly say that I know what customer service is, trust me.
Aside from the great and professional service that Flevy's team provide, their wide variety of material is of utmost great quality, professionally put together and most current.
Well done Flevy, keep up the great work and I look forward to continue working with you in the future and to recommend you to a variety of colleagues around the world.
"
– Roberto Pelliccia, Senior Executive in International Hospitality
"If you are looking for great resources to save time with your business presentations, Flevy is truly a value-added resource. Flevy has done all the work for you and we will continue to utilize Flevy as a source to extract up-to-date information and data for our virtual and onsite presentations!"
– Debbi Saffo, President at The NiKhar Group
"As a consulting firm, we had been creating subject matter training materials for our people and found the excellent materials on Flevy, which saved us 100's of hours of re-creating what already exists on the Flevy materials we purchased."
– Michael Evans, Managing Director at Newport LLC
"I am extremely grateful for the proactiveness and eagerness to help and I would gladly recommend the Flevy team if you are looking for data and toolkits to help you work through business solutions."
– Trevor Booth, Partner, Fast Forward Consulting
"One of the great discoveries that I have made for my business is the Flevy library of training materials.
As a Lean Transformation Expert, I am always making presentations to clients on a variety of topics: Training, Transformation, Total Productive Maintenance, Culture, Coaching, Tools, Leadership Behavior, etc. Flevy
It is well worth the money to purchase these presentations. Sure, I have the knowledge and information to make my point. It is another thing to create a presentation that captures what I want to say. Flevy has saved me countless hours of preparation time that is much better spent with implementation that will actually save money for my clients.
"
– Ed Kemmerling, Senior Lean Transformation Expert at PMG
"Flevy is our 'go to' resource for management material, at an affordable cost. The Flevy library is comprehensive and the content deep, and typically provides a great foundation for us to further develop and tailor our own service offer."
– Chris McCann, Founder at Resilient.World
"As a young consulting firm, requests for input from clients vary and it's sometimes impossible to provide expert solutions across a broad spectrum of requirements. That was before I discovered Flevy.com.
Through subscription to this invaluable site of a plethora of topics that are key and crucial to consulting, I
have been able to exceed expectations and deliver quality advice and solutions to my clients. The quality and expertise of the authors are exemplary and gives me great confidence to use as part of my service offerings.
I highly recommend this company for any consultant wanting to apply international best practice standards in their service offerings.
"
– Nishi Singh, Strategist and MD at NSP Consultants
"Last Sunday morning, I was diligently working on an important presentation for a client and found myself in need of additional content and suitable templates for various types of graphics. Flevy.com proved to be a treasure trove for both content and design at a reasonable price, considering the time I
saved. I encountered a download issue during the ordering process. However, a quick email to Flevy's support team, even on a Sunday (!!!), resulted in assistance within less than an hour, allowing me to download the content I needed. Fantastic job, Flevy! I give 5 stars for both content/price and customer service. Thank you!
"
– M. E., Chief Commercial Officer, International Logistics Service Provider
Receive our FREE presentation on Operational Excellence
This 50-slide presentation provides a high-level introduction to the 4 Building Blocks of Operational Excellence. Achieving OpEx requires the implementation of a Business Execution System that integrates these 4 building blocks.
Click main image to view in full screen.
