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Value Stream Mapping
01/18/2017 @ 7:30 am - 3:30 pm EST
A value stream map is a standardized model used to layout the stream of value adding activities in a process while overlaying material flow, information flow, and non-value adding waste information to provide a qualitative picture of the actual process in a facility. This tool also maps the information flow from the customer, through the enterprise to suppliers and back to customers. It provides a common language for discussing any process. It provides a means to tie together lean concepts and techniques and a method to develop a working blueprint for implementing lean concepts on the shop floor. It is an excellent method for describing what is actually taking place now on the shop floor and what a company wants it to look like in the future state. It takes an enterprise systematically from its current state of operations to a dramatically improved future state – a Lean Enterprise.