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Value-stream mapping, also known as material- and information-flow mapping, [ 1] is a lean [ 2] -management method for analyzing the current state and designing a future state for the series of events that take a product or service from the beginning of the specific process until it reaches the customer. A value stream map is a visual [ 2] tool ...
The value stream is depicted as an end-to-end collection of value-adding activities that create an overall result for a customer, stakeholder, or end-user. In modeling terms, those value-adding activities are represented by value stream stages, each of which creates and adds incremental stakeholder value items from one stage to the next. [ 1]
Harvey balls. Harvey balls are round ideograms used for visual communication of qualitative information. They are commonly used in comparison tables to indicate the degree to which a particular item meets a particular criterion. For example, in a comparison of products, information such as price or weight can be conveyed numerically, and binary ...
Value-stream-mapping software. Value-stream-mapping software is a type of software that helps prepare and/or analyze value stream maps. The software typically helps design maps through utilizing a series of symbols representing activity and information/material flow, and as a supplement to manual calculations [1]
The Forrester effect map is a business technique used to analyse the disturbance on the supply chain of reorder activity. [ 1] The tool is one of the seven value stream mapping tools as defined by Hines and Rich. [ 2] Forrester's research, ( Industrial Dynamics, MIT Press 1961) showed that demand could be erratic with peaks and troughs ...
Strategy. A value chain is a progression of activities that a business or firm performs in order to deliver goods and services of value to an end customer. The concept comes from the field of business management and was first described by Michael Porter in his 1985 best-seller, Competitive Advantage: Creating and Sustaining Superior Performance.
Complex kanban boards can be created that subdivide "in progress" work into multiple columns to visualise the flow of work across a whole value stream map. According to the Project Management Institute , a kanban board is a "visualization tool that shows work in progress to help identify bottlenecks and overcommitments, thereby allowing the ...
Quality filter mapping is part of the value stream mapping [1] toolkit and is used to analyse processes/functions with respect to quality. The results of a quality filter map shows how much waste is being generated within an organisation at each stage of the process. Three types of quality [2] are measured as part of the model: Quality failures ...