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Value Stream Mapping (VSM) Final
Value Stream Mapping (VSM) Final
(VSM)
ARJAV D. TIRVEDI
RA1412004010018
M-TECH-CIM, 3RD SEM.
Value
It has different meaning for different
perspective.
VALU
- high quality
E
- low cost
- right time
Customers : the price they willing to
pay for the product.
Value Stream
A Value Stream is the set of all
actions (both value added and non
value added) required to bring a
specific product or service from raw
material through to the customer.
VSM
Value stream mapping is a process-mapping
method that enables your organization to:
VSM
Planning tool to optimize results by
eliminating waste.
future state VSM
Lean
Basics
PROCEDURE
Define strategic goals and KPIs of
improvement
Make staff of every level understand the
importance of Lean
Do Identify a Value Stream Manager for
VSM
Map out processes/products/services
according to VSM
Implement redesigned VSM (future-state)
Check Measure the results obtained
through KPIs and Lean Metrics
Monitor economic and financial results
according to Lean Accounting
Act Communicate results to everyone in the
organization
New targets and goals
VALUE
STREA
M
PERFECTIO
N
PULL
FLOW