What is value stream process mapping?
What is value stream process mapping? Value stream mapping (VSM) is defined as a lean tool that employs a flowchart documenting every step in the process. Many lean practitioners see VSM as a fundamental tool to identify waste, reduce process cycle times, and implement process improvement. What is meant by value stream? Value Streams represent the series of steps that an organization uses to implement Solutions that provide a continuous flow of value to a customer. What is the difference between value stream mapping and process mapping? In general terms, value stream mapping identifies waste within and between processes, while...