Value stream thinking
Value stream thinking entails seeing the combination of processes required bringing the product or service to the customer, rather than process-specific departments. Value stream mapping (VSM) helps us grasp our current state condition and highlights opportunities for improvement.
Value stream mapping has been called a “learning to see” tool.
• Explain this phrase and detail the benefits to a team that utilizes value stream mapping.
• Define key value stream mapping measurements including: cycle time, lead-time, takt time, and queue time.
Sample Solution
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