Value Stream Mapping is a structured process mapping technique that is used to map the flows of information and material through a business.

 Value stream mapping offers a proven technique in capturing areas of waste and excess lead time – it can be applied to a single or series of business processes – and provides a mechanism of portraying how business processes can be transformed to add value.  Unsuprisingly there are various how-to guides to Value Stream Mapping available online – such as this Value stream mapping guide

 It’s important to remember that Value stream mapping is purely a tool – whilst it has got very popular over the last couple of years it’s not a panacea. It is however, a immensely useful process mapping tool – and is quite different from other mapping approaches – it uses a standard set of value stream mapping symbols and requires an element of data capture and analysis.  Due to these differences -VSM teams will require training before hand – there are also a variety of tools available to help streamline the process.

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • del.icio.us
  • Netvouz
  • DZone
  • ThisNext
  • MisterWong
  • Wists

Comments

  • Follow us!