Value stream mapping focuses improvement efforts and pinpoints solutions that will give the most value for money, time and energy. Value stream mapping creates a material and information flow map of a product family. A typical value stream includes customer orders entering the production control schedule, raw materials entering the facility, manufacturing processes and finished goods leaving the shipping dock. A current state map will show where time and money are being wasted — excessive inventory, processes delayed due to lack of information, or unnecessary downtime for production equipment exists. A future state map identifies the desirable destination and helps determine how to get there.
UT CIS Resource Consultant Facilitating a VSM Case Study