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 Maps (VSM) are a powerful tool used in lean manufacturing and other business processes to visualize and analyze the flow of materials and information required to bring a product or ...
Value stream map vs. process map, which is better for you? As with many tools and methods in Six Sigma, there isn’t a ...
Value stream management involves people in the organization to examine workflows and other processes to ensure they are deriving the maximum value from their efforts while eliminating waste — of ...
"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 ...
Value stream management has been around for a long time. It got its roots in manufacturing, where it was used to accomplish an impossible task; it simultaneously improved quality, reduced costs and ...
Plant size: 52,000 square feet Location: Jacksonville, Fla. Start-up date: 1982; acquired by Medtronic Inc. in 1999. Special Achievements Total production leadtime, including the leadtime of suppliers ...