Build4Scale NY: How Value Stream Mapping Improves Your Ever Changing Business
What is Value Stream Mapping?
Value Stream Mapping is a tool used to create a material and information flow map of a product or processes. This powerful tool allows companies to map the flow of products in the back door as raw material, through all manufacturing process steps, and off the loading dock as finished product.
This is the Value Stream.
You begin the journey with the current state map—it shows you where you are. Then, you plan your Lean journey with a future state map—it shows you where you’re going and how you’re going to get there. Based on your Value Stream Map, you can streamline work processes, thereby cutting lead times and reducing operating costs.