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Creating a Value Stream Map

So how do you create a Value Stream Map (VSM)? The first step is to identify exactly what value is from the point of view of the customer. In other words, it’s the customer who specifies what they deem as being value in your product or service. Here are a view basic steps in...
In this article, we will analyse Value Stream Mapping, its benefits, and risks. This article is the second part of our Six Sigma Analysis Toolkit series.

Value Stream Mapping: Lean Six Sigma Tool With a Bird’s Eye View

Wouldn’t it be nice if we could just fly around and observe what is affecting our surroundings and determine what needs to be fixed? In a matter of speaking, Value Stream Mapping does just that. Value Stream Mapping, or VSM, allows you to visualize the processes used, including...