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Ebook48 pages21 minutes
Value Stream Mapping: Reduce waste and maximise efficiency
By 50minutes
Rating: 4 out of 5 stars
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About this ebook
Understand value stream mapping in no time! Find out everything you need to know about this powerful tool with this practical and accessible guide.
In an increasingly competitive business world, identifying the areas where your company is losing time and money can give you a vital edge. Value stream mapping is one of the most popular tools of lean management and is easy to apply to virtually any production process, allowing you to locate and eliminate sources of waste and streamline your operations.
In 50 minutes you will be able to:
•Understand the main principles behind value stream mapping and lean management
•Identify the key icons used in VSM and find out what they mean
•Draw up your own map of material and information flows and use it to identify sources of waste
ABOUT 50MINUTES.COM | MANAGEMENT AND MARKETING
The Management and Marketing series from the 50Minutes collection provides the tools to quickly understand the main theories and concepts that shape the economic world of today. Our publications will give you elements of theory, definitions of key terms and case studies in a clear and easily digestible format, making them the ideal starting point for readers looking to develop their skills and expertise.
In an increasingly competitive business world, identifying the areas where your company is losing time and money can give you a vital edge. Value stream mapping is one of the most popular tools of lean management and is easy to apply to virtually any production process, allowing you to locate and eliminate sources of waste and streamline your operations.
In 50 minutes you will be able to:
•Understand the main principles behind value stream mapping and lean management
•Identify the key icons used in VSM and find out what they mean
•Draw up your own map of material and information flows and use it to identify sources of waste
ABOUT 50MINUTES.COM | MANAGEMENT AND MARKETING
The Management and Marketing series from the 50Minutes collection provides the tools to quickly understand the main theories and concepts that shape the economic world of today. Our publications will give you elements of theory, definitions of key terms and case studies in a clear and easily digestible format, making them the ideal starting point for readers looking to develop their skills and expertise.
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Reviews for Value Stream Mapping
Rating: 4 out of 5 stars
4/5
4 ratings1 review
- Rating: 4 out of 5 stars4/5Interesting books, it clarifies also the values of the whole supply chain from "farm to fork", also interesting for companies where logisitics and productsafety are very important. Pharma, Food, and other goods.
Book preview
Value Stream Mapping - 50minutes
Names: value stream mapping (VSM), material and information flow mapping.
Uses: this paper-based diagram includes all the production and management processes, and allows users to take a step back from the current workflow and reorganise it to improve efficiency. It is used in process improvement analysis, process engineering and continuous improvement.
Why is it successful? In some sectors of industry and consulting services, this very thorough mapping tool allows users to visualise and understand the actions undertaken (by the company or an individual) between the moment the customer places an order and the moment they receive the product or service.
Key words:
Continuous improvement: increasing the performance of a company by regularly incorporating small improvements.
Kaizen: an approach to quality management through continuous improvement.
Lead time: the time it takes to produce or carry out something.
Lean management: a kind of management which involves all workers and aims to eliminate waste, sources of inefficiency, performance inhibitors and unnecessary stages in the production process.
Lean thinking: a business methodology that aims to provide
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