Value Stream Mapping: A Lean Tool for Identifying Waste
Value Stream Mapping (VSM) is a Lean tool used to visualize the flow of materials and information required to deliver a product or service. It helps organizations pinpoint waste and inefficiencies, making it easier to optimize processes and improve value delivery to customers.
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What is Value Stream Mapping?
Value Stream Mapping (VSM) is a visual tool that maps out the steps needed to deliver a product or service. It identifies both value-adding and non-value-adding activities, helping organizations streamline their processes and reduce waste.
Key Elements of VSM
Current State: Map the current process to identify inefficiencies.
Future State: Design a more efficient process to improve flow.
Implementation Plan: Develop actionable steps to achieve the future state.
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