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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 ...
The matrix is one of a number of value stream mapping tools. [1] The matrix is represented by showing lead time along the x-axis and inventory along the y-axis. The result shows where slow moving stock resides.
Value-stream mapping (VSM) and 5S are the most common approaches companies take on their first steps to Lean. Lean can be focused on specific processes, or cover the entire supply chain. Lean can be focused on specific processes, or cover the entire supply chain.
Design for lean manufacturing helps a team “knit together” existing tools. For example, the following methods and business tools can be used by organizations within the design for lean manufacturing methodology: Value Stream Mapping, Design for Six Sigma, Visual Control, QFD, DFMA, and Taguchi methods.
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 ...
The value chain framework quickly made its way to the forefront of management thought as a powerful analysis tool for strategic planning. 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]
A value stream always begins and ends with a customer. Value stream is usually aligned with company processes. Value streams are artifacts within business architecture that allow a business to specify the value proposition derived by an external (e.g., customer) or internal stakeholder from an organization. A value stream depicts the ...
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.
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