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Value Stream Mapping - Why is it important? Value Stream Mapping - Why is it important?

Value Stream Mapping - Why is it important?


  WonderComics[Updated on:Oct-13-2023]      |  Reading Time: About 2 minutes




Most of the companies and business who runs the material based product and processes which involves complex steps needs a lot of attention to detail to ensure and find where the missing occurs.

Value-stream mapping, also known as material- and information-flow 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 the beginning of the specific process until it reaches the customer. A value stream map is a visual tool that displays all critical steps in a specific process and easily quantifies the time and volume taken at each stage.

The purpose:

The pupose of value stream mapping is to identify and remove or reduce "waste" in value streams, thereby increasing the efficiency of a given value stream. Waste removal is intended to increase productivity by creating leaner operations which in turn make waste and quality problems easier to identify.

 


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Bloggers Choice
4 months ago

Value stream mapping is helpful to know the waste time, check process to process and to reduce or eliminate waste.