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, ...
Value stream mapping (VSM) is a business management tool that documents the steps needed to take a project from inception to customer delivery. Often associated with Lean Six Sigma practices, the tool ...
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Value Stream Map vs. Process Map: What’s the Difference?
Value stream map vs. process map, which is better for you? As with many tools and methods in Six Sigma, there isn’t a ...
"Process mapping on steroids." That's how John Dyer used to describe value stream mapping back when VSM was just beginning to assert itself as a new continuous improvement tool and process mapping was ...
This class describes how to develop a future state value stream map, including how to evaluate a current state value stream map, target problem areas, and design a plan to reduce non-value added ...
Ernie Smith is a former contributor to BizTech, an old-school blogger who specializes in side projects, and a tech history nut who researches vintage operating systems for fun. Many discussions around ...
How do you eat a chocolate elephant? Well, the answer is easy and well-known – one bite at a time. The same is true when nibbling away at reducing lead time. A value stream map identifies ...
Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. The decades-long rush of businesses to digitize their business processes shows no sign of ...
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