Value stream mapping is an essential Lean Six Sigma tool. We explore how to create a value stream map and examine real-world case studies into how the technique has reduced costs and increased ...

This article dives into the topic of value stream mapping and how it can help businesses improve feedback loops and data collection, as well as transform company culture.

Key Points Value stream maps are a visualization of everything needed to complete a deliverable. A value stream map visualizes the start and end of a project. A process map is a visualization of ...

In this paper, we demonstrate the sales application of an essential tool for lean management called value stream mapping. We conceptualize sales as a process in which a buyer and seller jointly ...

Value stream management involves people in the organization to examine workflows and other processes to ensure they are deriving the maximum value from their efforts while eliminating waste — of ...

Many things have been written about value stream mapping and the benefit it brings in analyzing the current and future states of products and services. I really won’t go into that here.

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 ...

Creating a comprehensive Value Stream Map can be time-consuming, especially for complex processes. It requires a significant investment of time from team members who may already have busy schedules.

The value stream plan should be valid for no more than six months, at which time the future state map should be the current state map. Validate your current data with time observations, inventory ...