Value Stream Mapping
Value Stream Mapping
Understand the essentials of value stream mapping (VSM) in just 50 minutes with this practical and concise book. Value stream mapping is one of the most influential and widely used tools of lean management, and plays a vital role in process improvement analysis and continuous improvement. Its simplicity and versatility mean that it can be applied to virtually any production process in order to identify sources of waste and implement a plan of action to minimise them.
This book will provide you with a handy introduction to the role of VSM in value creation. In addition to learning how to draw up your own map of material and information flows, you will consider a practical case study, learn about some of the tool’s shortcomings, including its lack of consideration of human and organisational issues, and discover related models, such as the DMAIC method and Kaizen.
About value stream mapping
Value stream mapping (VSM) is a tool which enables users to obtain a visual overview of production processes within their company, making it easier to see where time and effort is being wasted and take steps to streamline manufacturing. Its use of standardised icons facilitates communication across departments and allows users to compare their current situation with their ideal production process.
In this book, you will discover how value stream mapping can help your business, learn how to draw up your own map of production and information flows and use your findings to identify and eliminate sources of waste. A clear explanation of the benefits and potential drawbacks of the method, a discussion of a practical case study, and an introduction to related models will give you the tools you need to tailor your approach to your situation.
This straightforward and accessible 43-page book is structured as follows:
- Introduction to value stream mapping
- VSM and value creation
- VSM and its icons
- VSM and its advantages
- Practical application of value stream mapping
- Best practices – steps
- Case study
- Impact of value stream mapping
- Limitations and criticisms
- Related models and extensions
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