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Value Streams

The value stream is all the steps and processes required to bring a specific product from raw materials to finished product in the hands of the customer. Analyzing the entire flow of a product will almost always reveal enormous amounts of waste and non value-added sequences.

This is frequently referred to as process reengineering. Value stream analysis will almost always show that three types of actions are occurring along the value stream: steps that create value; steps that create no value but are unavoidable due to current technologies or production methods or assets; and steps which create no value and are avoidable—the immediate target of opportunity, often referred to as low hanging fruit. To become truly lean, the entire enterprise must analyze and improve the value stream as a whole.

book_vsm_seeing.jpgSeeing the Whole: Mapping the Extended Value Stream

by James Womack

 

book_vsm_admin.jpgVSM for Administrative and Office Processes

by Beau Keyte

 

book_vsm_mgmt.jpgValue Stream Management

by Don


 
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icon_tool.gif Value Stream Symbols
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