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.
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