Value chain mapping

Filling out the model table below can greatly facilitate drafting the value chain map.

Value chain mapping

Summary of Value Stream Mapping. It helps to understand and streamline work processes using the tools and techniques of Lean Manufacturing.

Data flow in Prospect to cash

The goal of VSM is to identify, demonstrate and decrease waste in the process. VSM can thus serve as a starting point to help management, engineers, production associates, schedulers, suppliers, and customers recognize waste and identify its causes.

As a result, Value Stream Mapping is primarily a communication tool, but is also used as a strategic planning tool, and a change management tool. In order to do this, the Value Stream Mapping method visually maps the flow of materials and information from the time products come in the back door as raw material, through all manufacturing process steps, and off the loading dock as finished products.

Creating A Value Stream Map | Lean Manufacturing Tools

Mapping out the activities in the manufacturing process with cycle times, down times, in-process inventory, material moves, information flow paths, helps to visualize the current state of the process activities and guides towards the future desired state.

The process usually includes the physically mapping of the "Current State" while also focusing on where you get to, or the "Future State" map, which can serve as the foundation for other Lean improvement strategies.

The reason for this is thought to be that improved productivity leads to leaner operations which help to expose further waste and quality problems in the system.

Value chain mapping

Thus the systematic attack on waste is also a systematic assault on the factors underlying poor quality and fundamental management problems. The seven commonly accepted wastes in the Toyota production system were originally reformulation by Jones between brackets:Value Stream Mapping Introduction.

Value stream mapping - Wikipedia

Value Stream Mapping (VSM) is a technique that can be employed to not only provide a visual representation of a procedure, but also have the potential to identify significant savings in the way in which the process is organised and performed.

I think the key aspect of white space / future mapping exercise is to understand that part of this process is based upon belief (criteria to judge tomorrow) not measurement (criteria to judge yesterday) and it is managing the design pathways that come from these white space predictions for future value that can be structured, measured and reviewed once a belief goal is agreed upon.

Value stream mapping is a lean management tool that helps visualize the steps needed to take from product creation to delivering it to the end-customer. Introduction. A fter initial selection of value chains is complete (Tool 1), the next step is to map the value chain.

This is a vital step in guiding the analysis of selected value chains. This chapter provides the tools and examples on how to capture the different dimensions of a value chain.

Identifying, Visualizing and Decreasing Waste

Jan 09,  · Value chain mapping is a process that identifies the main activities associated with a company's service or product line and is often used in corporate strategy in order to identify performance improvement opportunities. A value chain is a set of activities that a firm operating in a specific industry performs in order to deliver a valuable product or service for the market.

The concept comes through business management and was first described by Michael Porter in his best-seller.

The Value Chain of a Business Model - Enterprise Architecture Matters