Value Stream Mapping Flashcards

1
Q

involves all the steps, both value-added, and non-value added, required to complete a product or service from beginning to end.

A

Value Stream

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2
Q

The object of a Value Stream Map (VSM) exercise is…

A

to move from the current state to a desired future one

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3
Q

What’s the difference between process maps and value stream maps?

A

*Value stream mapping is focused on driving process change.
*Value Stream mapping can be used to join multiple processes together
*Process mapping, mining and discovery are well-suited to making existing processes more efficient.

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4
Q

What are the 10 steps to creating a Value Stream Map (VSM)?

A

1.) Identify the Value stream
2.) Gather necessary stakeholders
3.) Determine scope
4.) Identify Steps via brainstorming and post-it notes
5.) Identify Touch Time
6.) Identify Lead Time
7.) Identify Wait Time
8.) Identify Total Cycle Time = LT+WT
9.) Label Value Adding Step (customer and agency value)
10.) Evaluate Time Spent

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5
Q

Elapsed time; Throughput time; Turnaround Time

A

Lead Time

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6
Q

Touch time; Work time; Cycle time

A

Process Time

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7
Q

Time work is waiting between steps

A

Wait Time

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8
Q

Demonstrating _____ is a critical element in gaining buy-in at all levels

A

savings (projected or actual)

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9
Q

The goal of value stream mapping is to provide _____ from what is actually happening to what should be happening.

A

a tool to help migrate the process

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