How to Conduct Value Stream Mapping (VSM) (Word DOCX)

BENEFITS OF DOCUMENT

1. Give a clear and succinct understanding of Value Stream Mapping (VSM)
2. Gives an understanding of how to conduct a VSM exercise
3. Showcases examples of VSM exercise

DESCRIPTION

This product (How to Conduct Value Stream Mapping [VSM]) is a 10-page Word document, which you can download immediately upon purchase.

Value Stream Mapping has the reputation of uncovering waste in manufacturing, production and business processes by identifying and removing or streamlining non-value-adding steps. A flow diagram showing the process is drawn to reflect the current state of the operation. The non-value actions are identified in each step and between each step by their waste of time and resources. The process is analysed for opportunity to drastically reduce and simplify it to the fewest actions necessary. By reducing wastefulness the proportion of value adding time in the whole process rises and the process throughput speed is increased. This makes the redesigned process more effective (the right things are being done) and more efficient (needing fewer resources). The reengineered process is flow charted in its future state with process steps and information flows redesigned, simplified and made less expensive.

This document gives a clear an succinct understanding of the following:
What is Value Stream Mapping?
Value Stream Mapping Methodology
Example Investigation
Example Analysis
How to identify Improvements

Source: Best Practices in Value Stream Mapping Word: How to Conduct Value Stream Mapping (VSM) Word (DOCX) Document, Shaleen Sinha