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Value stream map vs. process map, which is better for you? As with many tools and methods in Six Sigma, there isn’t a one-size-fits-all approach to mapping things out. Both of these tools have ...
Value Stream Mapping – the Process. Many companies dedicate key resources for a week or more to complete the mapping process, and then declare their effort complete. That’s missing the mark, because ...
Value stream mapping is a lean management technique for analyzing the flow of materials, requirements, and data associated with a given process, system, or product. VSM requires strong ...
As a management tool, value stream mapping (VSM) is used to: Graphically illustrate, analyze and understand the flow of materials and the information needed to process them. Unlike process maps that ...
The process of creating a value stream map takes all the necessary people, processes, information and inventory, and displays them in a flowchart format. By visualizing all elements that go into ...
The Value Stream mapping practice is a holistic method that requires the involvement of all process participants to create a map and focus on the end-to-end optimization, so it is wise to start ...
Value stream mapping (VSM) is a business management tool that documents the steps needed to take a project from inception to customer delivery. Often associated with Lean Six Sigma practices, the ...
This class describes how to develop a future state value stream map, including how to evaluate a current state value stream map, target problem areas, and design a plan to reduce non-value added ...