Get Structured Visualization of Your Business Processes with Value Stream Mapping Value stream mapping (VSM) is the most in-depth way of looking at the effectiveness of business, manufacturing and distribution processes. It provides a clear view of how various business processes are related to each other, assesses the need for those processes and how efficient they really are. During value stream mapping, a model is created which shows how much time, effort and cost is required for a specific process. VSM is all about people to think about improving the processes they own and getting the details of how a process really works and giving the organization the tool and skills to implement the long term improvement. VSM can provide a detailed view of the entire process or it can also be focused on a particular segment of the process. It helps in identifying the operations or activities that do not add any value to the process. This is a critical and significant tool and provides a blueprint for lean transformations. It gives visualization for the improvements in the manufacturing and production flow by driving a linkage between the material and information flow. Group50, a well-known value stream mapping consulting firm has a series of tools it uses during its VSM project activities including lean business and lean manufacturing assessments. They extensively use Kaizen techniques and other core continuous improvement tools for implementing short term projects, planning the mid and longer term projects and transfer the requisite knowledge and tools so that people in the organization can continue without them.
Value stream mapping can help your organization in the below mentioned areas: Helps in the identification of wastes VSM helps you identify the wastes in your business process that do not add any value to that particular process and ultimately to the end user. A value stream map helps you identify the non-value adding wastes in a clear manner. Enhances sales and operations planning This approach helps in identifying and eliminating bottlenecks which further improves demand management and customer service. A detailed value stream map helps significantly in sales and operations planning, reducing inventory and maximizing customer service. Aligns your cross-functional teams Value stream mapping is carried out by people trained in lean techniques and tools and involves cross-functional teams which provide a wider perspective. Through this, communication improves among departments as it is not only about updating the work status but also a detailed discussion that support the business efforts. It helps in understanding the roles of various people involved and creates a sense of appreciation for them. VSM acts as a great strategic management tool It streamlines all your processes and brings everyone on the same page from senior leadership to middle management and the other departments such as sales, operations, administration and logistics. This systematic thinking creates a work culture where the workforce arranges the activities based on the priority. One of the most important outcomes of this is to improve the core processes that generate revenue. For more information on how value stream mapping can help you understand the inner workings of your business or segment of it, you can contact Group50, a leading manufacturing consulting company. They have successfully utilized the
VSM processes in manufacturing, distribution, big data services companies, customer service and distribution to name a few. Visit: https://www.group50.com/