ManagementMania AppMania EduMania JobMania BusinessPages


What is Value Stream Mapping (VSM)
Value Stream Mapping (VSM), sometimes the term Value Stream Analysis is used. It is an analytical technique, which is one of the basic techniques of the Lean philosophy. Value Stream Mapping technique is used for mapping the value chain in the manufacturing and administrative processes.

Value Stream Mapping (VSM), sometimes it is also used the term Value Stream Analysis. It is an analytical technique, which is one of the basic techniques of the Lean philosophy. Value Stream Mapping technique is used for mapping the value chain in the manufacturing and administrative processes. It uses a graphical display of the flow value (flow value visualization), which can be financial, material, information or other and it helps deeper understanding of the entire flow of the production processes that pass through the entire organization and its relation to the organizational management system, planning and customer requirements.

Use of the Value Stream Mapping in practice: VSM as a detailed visualization of the processes allows management to identify the causes of unnecessary waste of resources (time, labor, material, information, or financial resources). Value Stream Mapping techniques are used by professionals who have a responsibility for improving processes or quality management in the organization. VSM helps detect potential losses, bottlenecks, weaknesses, and reasons for inefficient flow anywhere in the organization. It can be applied to the entire organization or just to a particular part, taking advantage of the process map.

Related terms and methods:

Related management field:

previous next
Did this article help you?
Rating:
Last update: 24.07.2015

Comments

Netty man 5 months

This technique is very common in essay writing service reviews as there are some people who use it in a proper way. I am sure that the others will also try to master it too.

Was this helpful?
Rating:
Earl man 4 months

As far as I remember, I didn’t post anything on https://oc-market.com/en/everymatrix-sportsbook-software. But people are commenting that my work there is not up to the mark. I don’t know what I should do about it.

Was this helpful?
Rating:
Earl man 3 months

Do you have any data in regards to the new Upgrade to great: how to improve business processes and cut operating costs with emerging technologies.? It would profit me a ton in the event that you could impart the exploration on these innovations to me. I esteem your site a great deal, so don't disappoint me.

Was this helpful?
Rating:
Kord man about 1 month

All the terms I read on this site helped me in my article that I posted on mphdegree.org. You should read it, it is a pretty interesting article to read actually. I researched some content but wrote it in my own words.

Was this helpful?
Rating:


To enter the discussion you must be signed in

Sign in


Related consulting companiesmore...