Value Stream Mapping Flashcards
involves all the steps, both value-added, and non-value added, required to complete a product or service from beginning to end.
Value Stream
The object of a Value Stream Map (VSM) exercise is…
to move from the current state to a desired future one
What’s the difference between process maps and value stream maps?
*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.
What are the 10 steps to creating a Value Stream Map (VSM)?
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
Elapsed time; Throughput time; Turnaround Time
Lead Time
Touch time; Work time; Cycle time
Process Time
Time work is waiting between steps
Wait Time
Demonstrating _____ is a critical element in gaining buy-in at all levels
savings (projected or actual)
The goal of value stream mapping is to provide _____ from what is actually happening to what should be happening.
a tool to help migrate the process