Value Stream Management

A value stream map is a process flow diagram used to identify problems in a company’s material or information flow. The origin of the VSM can be traced back to Toyota.
In this module, you will learn how to create a value stream map at a strategic level with a cross-functional team. The information and material flows as well as key figures in the VSM are presented as the current status (Current VSM). From this, you derive the future, improved state of your process (Future VSM). You define measures to achieve this new state.

Quick Info

Contents

  • Introduction to VSM
  • Meaning of value stream
  • Types of VSM
  • Product families
  • VSM Current State
  • VSM Future State
  • Customer cycle
  • Include process chain
  • Standards data boxes
  • Symbols and levels
  • Process efficiency
  • Key questions on the VSM
  • Kaizen flash
  • Process time
  • Cycle time
  • Takt time
  • Display pull / push
  • Implementation & maintenance
  • Bottlenecks & constraints
  • Derive strategy projects

Duration on request

Dates on request

Key information

Value Stream Mapping (VSM) is a highly effective visual method used in product development and production to analyze and improve flows of materials and information. The main objective of VSM is to visualize the entire process chain from raw material extraction to the customer in detail in order to identify and exploit optimization potential.
By clearly visualizing the current state of the value stream, bottlenecks, waste and inefficient processes can be easily identified. In addition, VSM enables a holistic view of the production process, including all relevant information and value creation steps. By analyzing the current state and developing a future state, organizations can implement targeted improvement measures to increase efficiency, shorten lead times and increase customer satisfaction.

Beneftits

  • Visualization of processes
  • Identification of waste
  • Bottlenecks visible
  • Projects can be derived
  • Standardization of processes

Risks

  • Initially time-consuming
  • In-depth understanding of the processes required
  • Incomplete analyses lead to problems

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