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Value-stream mapping has supporting methods that are often used in lean environments to analyze and design flows at the system level (across multiple processes).. Although value-stream mapping is often associated with manufacturing, it is also used in logistics, supply chain, service related industries, healthcare, [5] [6] software development, [7] [8] product development, [9] project ...
Value-stream-mapping software is a type of software that helps prepare and/or analyze value stream maps. The software typically helps design maps through utilizing a series of symbols representing activity and information/material flow, and as a supplement to manual calculations [ 1 ]
Value Stream Mapping (VSM) – Value stream mapping refers to the development of a high-level visual representation of a process flow that is involved in delivering a product or service (called a "value stream") to customers. VSM events, which are typically 3–4 days, focus on identifying the sources of non-value added activity and ...
A value stream is the set of actions that take place to add value to a customer from the initial request through realization of value by the customer. The value stream begins with the initial concept, moves through various stages of development and on through delivery and support. A value stream always begins and ends with a customer.
Interactive planning is similar to the value-stream mapping (VSM) process in the sense that they both map out the current state and lay out the path towards a future or an ideal state. However, the two are different in the sense that VSM focuses more on the material and information flows in a value stream or supply chain, while interactive ...
Value-stream mapping, a product management method; Vietnam Service Medal, a military award of the United States Armed Forces; Vishisht Seva Medal, a military award of the Indian Armed Forces; Voluntary Student Membership, a policy for New Zealand university student organisations
These include: detailed flow-charts, work flow diagrams and value stream maps. Each map is helpful depending on the process questions and theories being considered. In these situations process map implies the use of process flow and the current understanding of the causal structure.
The simpler concept of value stream mapping, a cross-functional process which was developed over the next decade, [15] had some success in the early 1990s. [16] The value-chain concept has been extended beyond individual firms. It can apply to whole supply chains and distribution networks.