Value Stream Mapping
Value Stream Mapping (VSM) is an activity used to understand how materials and information flow within an organization to create customer value. A VSM team generates a high level iconic representation of a company and the associated supply chains including information flow, processes, and material movement. Data is collected and displayed that facilitates analysis and understanding of value added vs non-value added activities. Participants will learn how to walk the process, identify and collect required data, and generate current and future state value stream maps with standard icon sets. Participants will also understand how value stream maps are analyzed and how they can be used to initiate and guide follow-on improvement activities such as Kaizen events and Toyota Kata in their organization.