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DOCUMENT DESCRIPTION
Value Stream Mapping is a 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.
Value Stream Mapping is one part of the continuous improvement technique called Lean. Identifying the different parts of the value stream is usually one of the first steps in the Lean process. The value stream map can help your organization get a broader sense of your business and how it works, and it helps managers make improvements to the business process with clarity and efficiency. There are many benefits to Value Stream Mapping, and once the mapping process has started, it can continue to benefit the business for many years through repetitive use
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Source: Best Practices in Value Stream Mapping PowerPoint Slides: Lean Value Stream Mapping (VSM) PowerPoint (PPTX) Presentation, Opex
AUTHOR: OPEX
Opex has published 3 additional documents on Flevy.
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