In lean theory, the “value stream” refers to
all of the actions required to bring a product or service from concept or raw
material to finished good. Each action contributes value to the finished
product, ideally working together efficiently to create a continuously flowing
stream of value. The first step toward creating a lean environment – increasing
value and removing waste – is analyzing the value stream. This provides the
foundation for creating an improvement plan. By examining the current state of
a system, actions that add to value creation can be clearly separated from
those that create waste, making it easier to locate opportunities for
improvement.
Value stream mapping supports stream analysis
by simplifying a complex system into a map. The map illustrates the outcomes of
the value stream analysis, providing a visual tool to facilitate understanding
and communication. The next section outlines the steps for completing a value
stream analysis, creating a current state map, developing future and ideal
state maps, and ultimately carrying out a lean plan. These steps are best
practices for VSM and provide organization to value stream analysis, hopefully
leading to the best possible outcome: an efficient and integrated material and
information flow system.
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