Search results
Results from the WOW.Com Content Network
The value stream map is then created using the following symbols: [15] In a build-to-the-standard form, Shigeo Shingo [16] suggests that the value-adding steps be drawn across the centre of the map and the non–value-adding steps be represented in vertical lines at right angles to the value stream. Thus, the activities become easily separated ...
Business process mapping, also known as process charting, has become much more prevalent and understood in the business world in recent years. Process maps can be used in every section of life or business. The Major Steps of Process Improvement using Process Mapping Process identification - identify objectives, scope, players and work areas.
A value stream depicts the stakeholders initiating and involved in the value stream, the stages that create specific value items, and the value proposition derived from the value stream. The value stream is depicted as an end-to-end collection of value-adding activities that create an overall result for a customer, stakeholder, or end-user. In ...
The simplest system is a beat or zone map system. For example, in a community with four fire stations, a grid is overlaid on a community map. Each zone of the grid is identified with a progression of police beats, ambulance zones, transit zones, or fire stations. [1] One grid might be labeled: AB241.
Process map is a global-system process model that is used to outline the processes that make up the business system and how they interact with each other. Process map shows the processes as objects , which means it is a static and non-algorithmic view of the processes.
In accounting, value stream costing (VSC) is a technique of costing which entails identifying and calculating costs for all the process steps required for providing value to the customer. It begins with a mapping and tracking all the process steps that provide the value and then quantification of the value created by each step. [1] [2]
Earned Value Management – an introduction. Philipson Biz. ISBN 978-91-977394-5-0; Project Management Institute (2005). Practice Standard for Earned Value Management. Project Management Institute. ISBN 1-930699-42-5; Solomon, Paul and Ralph Young (2006). Performance-Based Earned Value. Wiley-IEEE Computer Society. ISBN 978-0-471-72188-8
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 ]