Value stream mapping helps identify waste and streamline the production process. Value stream mapping can be applied to both the product and customer delivery flows. Product flow focuses on steps required to optimize product delivery and completion.
Why is value stream mapping important?
Value stream mapping is an important element of lean operations, the goals of which are to maximize customer satisfaction and minimize waste. Operating in this way allows companies to do more with less, offering better value and higher quality to their customers.
Why is a value stream mapping VSM important in the measure phase?
Figure 1: example VSM
The value stream mapping should help the team in defining the correct metrics to measure the success of the project. When the VSM is done well, all important information of the process can be found in the data boxes, so the team can select the metrics based on these.