Value Stream Mapping (VSM) is a flexible, easy-to-use diagnostic tool that does a tremendous job of representing a process from start to finish. It’s visual, easy for most people to follow and understand, and promotes focused discussion, brainstorming and problem solving among a diverse group of participants. It has been used successfully in manufacturing, healthcare, banking / financial services, insurance, education, non-profits and many more industries.
When starting a lean journey, VSM should be one of the first activities taken. It allows a team to see the big picture and focus on what will have most impact on the entire value stream. For example, without VSM, a business may focus on improving productivity of a non-bottleneck machine. A more impactful solution would be to reduce setup time on a primary piece of equipment which currently drives a very large batch size and excess inventory (and lead time) throughout the process.
This e-book will go into further details about the basics of Value Stream Mapping, including:
Why companies do VSM?
How VSM is different than Process Mapping?
What is the difference between transactional / administrative VSM and manufacturing – focused VSM?
Download the e-book to learn more about more about VSM and how to properly complete a value stream map and effective plan for the future state of your organization with less waste.