What Is Value Stream Mapping (VSM)? What is a value stream? A value stream represents the series of actions an organization takes to design, create, and deliver a product or service to its customers, ...
In this course, you will learn how to create a value stream map (VSM) of current-state and future-state processes. Value stream mapping is a Lean technique that allows you to document, analyze, and ...
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 ...
Krishna Valluru applies Lean to financial services: 50% faster processes, 25% cost savings, 30% error reduction via value ...
Many businesses are investing heavily in digital transformation, gearing up their cultures to deliver more capabilities aligned to customer needs. But understanding business value and aligning efforts ...
We’ve seen many value stream maps (VSM) over the past 20 years, as it has become a common tool. In some companies it’s a first requirement before a lean effort begins. In other companies, value stream ...
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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 ...
Process Flow Diagrams focus on visualizing workflows by mapping the sequence of steps, decision points, and handoffs in a process. These diagrams highlight bottlenecks and inefficiencies without ...
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