Value Stream Mapping

"Value Stream Map (VSM)
1. A tool used to improve a process by identifying added value and eliminating waste.
2. A process map that follows the value creation process.
A. “strap yourself to the product (or service) and see where you go”
3. A process map with data added.
A. Times: processing, wait, cycle.
B. Quality: number of rejects.
C. Inventory.
D. Resources.
1) Number of people.
2) Space.
3) Distance traveled.
E. Whatever else is useful for analyzing the process." [ocw.mit.edu/ courses/ aeronautics-and-astronautics/ 16-660j-introduction-to-lean-six-sigma-methods-january-iap-2012/ lecture-notes/ MIT16_ 660JIAP12_ 1-6.pdf]
This sample VSM flowchart shows the value stream in a manufacturing, production control and shipping processes.
This value stream mapping diagram example was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Value Stream Mapping solution from the Quality area of ConceptDraw Solution Park.
www.conceptdraw.com/ solution-park/ business-value-stream-mapping