How do you use a value stream map to identify and eliminate waste in your process?
A value stream map (VSM) is a visual tool that helps you analyze the flow of materials and information in your process, from the customer's perspective. It shows the value-added and non-value-added activities, the cycle times, the inventory levels, and the waste sources. By using a VSM, you can identify and eliminate waste, improve efficiency, and increase customer satisfaction. Here are some steps to create and use a VSM for your process improvement.
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Joel AmarExecutive Director Process Improvement at JPMorgan Chase
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Steven Remsen, PhD, MBASenior Manager of Internal Consulting | Co-Chair of Women at Intel Network Board | LSS MBB | LinkedIn Top Voice
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Guillermo Tenorio GarciaOperations Manager | Plant Manager | Manufacturing | Lean six Sigma Director | Continuous Improvement ➥ automotive…