Results Of Value Stream Mapping. Keynote Author Follow Published on Aug 31 2011. In other words by value stream mapping the 20 percent of the products that represent 80 percent of your business you can identify and eliminate waste from these in-demand products so that a majority of your business becomes more efficient.
Value Stream Mapping helps identify waste One of the greatest benefits of value stream mapping is that you can easily identify where the waste is in your business process. The preparation step is crucial to the successful implementation of the ideal state map. Reducing delays in the value stream is always the fastest way to reduce time-to-market.
Many lean practitioners see VSM as a fundamental tool to identify waste reduce process cycle times and implement process improvement.
Lean value stream mapping has gained momentum in knowledge work because it results in better team communication and more effective collaboration. It helps to understand and streamline work processes using the tools and techniques of Lean Manufacturing. Many lean practitioners see VSM as a fundamental tool to identify waste reduce process cycle times and implement process improvement. The goal of VSM is to identify demonstrate and decrease waste in the process.