Value stream mapping from "summary" of Kaizen and Kaizen Event Implementation by Chris A. Ortiz
Value stream mapping is a process that allows organizations to identify and eliminate waste in their production processes, improving efficiency and profitability. It is a visual tool used to analyze how long it takes for a product or service to be designed, produced, delivered and eventually paid for.- Value stream mapping is a process that makes it easier to see how materials and information flow from the beginning of a production cycle to the end.
- By taking the time to map out key points on your production floor, managers can gain a sense of where resources are being misused or underutilized and make changes accordingly.
- Creating a strategy that focuses on initiatives identified during value stream mapping helps create tangible goals for teams to strive towards all while ensuring continuous improvement.
- Utilizing feedback from customers and staff can also provide valuable insight which can be later implemented into the production process in order to help achieve more efficient outcomes.
