What Is Value Stream Mapping

The next section outlines the steps for completing a value stream analysis, creating a current state map, developing future and ideal state maps, and. It’s a lean tool that involves creating a visual representation of a process with a detailed chart. Value stream mapping (vsm) provides a way to visualize an entire process, from the gathering of raw materials to the delivery of a final product to customers.

Value stream mapping (vsm) is a technique used by firms to define, analyze and optimize the information/materials flow required to the whole production process. Value stream mapping is a lean manufacturing visualization tool for recording all the repeatable steps that are required to bring a product to market. Value stream map (vsm) • a tool used to improve a process by identifying added value and eliminating waste • a process map that follows the value creation process • “strap yourself to the product (or service) and see where you go” • a process map with data added • times:

To identify processes that do not provide value so they can be improved and to help management become more aware of the impact of their actions.

Vsm helps users create a solid implementation plan that will maximize their available resources and help ensure that materials and time are used. The team approach provides different perspectives of needed changes and how to best apply them. Value stream mapping is a technique — developed from lean manufacturing — that organizations use to create a visual guide of all the components necessary to deliver a product or service, with the goal of analyzing and optimizing the entire process. Value stream mapping enables businesses to analyze each step and whether it is adding value.importantly, value stream mapping also allows intelligent, holistic refinement of the whole process.